Great Hills is a popular neighborhood and has proven to be a great investment for homeowners over recent years. This is due to several factors in my opinion, including location with easy access to downtown/campus, Lake Travis and many large employers, as well as maturity of the neighborhood with great homes, beautiful trees, golf course, etc. There's also an express line to UT, so public transportation is a viable option from Great Hills.
Also, a price range of 300-400K would put you in the lower end of the range for the neighborhood (recently we're seeing prices from the low 300s up to the high 600s. Properties in the lower end of the curve in a good neighborhood typically see better appreciation over time than those at the top of it.
Feel free to call or e-mail if I can answer any questions or be of assistance in your home search.
Danny Gallant - RealtorÂ®
The Gallant Group @ Keller Williams Realty