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Homes for Sale in Milwood, Austin, TX

9 listings found

Milwood is one of Northwest Austin's largest and most established neighborhoods, stretching across dozens of sections developed from the late 1970s through the 1980s. The neighborhood sits along the US-183/Research Boulevard corridor, putting residents within easy reach of the Domain, major tech employers, and the broader Austin metro. With streets lined by mature trees, a mix of ranch-style and updated single-family homes, and zoning that spans both Austin ISD and Round Rock ISD, Milwood draws buyers who want an established community with strong connectivity and solid schools. The neighborhood's size means real variety, from quieter cul-de-sac sections to homes closer to the area's retail and dining nodes. Neighborhoods | Schools | Market Overview | Getting Around | Lifestyle | FAQs

$492,000 Median Price
76 Avg Days on Market
20 Active Listings
1.8 Months of Inventory
For Sale For Rent Land Farms & Ranches
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3 bed, 2 bath, residential at 5116 Ganymede DR, Austin TX 78727, Austin TX For Sale 28 photos
$385,000
3 bd 2 ba 1,312 sqft
5116 Ganymede DR, Austin TX 78727 Austin, TX 78727
2 days on market 15.3 mi away
2 bed, 1 bath, residential at 5908 Richard Carlton BLVD, Austin TX 78727, Austin TX For Sale 23 photos
$294,000
2 bd 1 ba 791 sqft
5908 Richard Carlton BLVD, Austin TX 78727 Austin, TX 78727
3 days on market 15 mi away
3 bed, 2 bath, residential at 12319 Wycliff LN, Austin TX 78727, Austin TX For Sale 28 photos
$499,000
3 bd 2 ba 2,150 sqft
12319 Wycliff LN, Austin TX 78727 Austin, TX 78727
3 days on market 15.2 mi away
3 bed, 2 bath, residential at 12904 Garfield LN, Austin TX 78727, Austin TX For Sale 34 photos
$480,000
3 bd 2 ba 1,425 sqft
12904 Garfield LN, Austin TX 78727 Austin, TX 78727
12 days on market 15.1 mi away
3 bed, 2 bath, residential at 12022 Carmel Park LN, Austin TX 78727, Austin TX For Sale 32 photos
$550,000
3 bd 2 ba 1,895 sqft
12022 Carmel Park LN, Austin TX 78727 Austin, TX 78727
13 days on market 14.9 mi away
2 bed, 2 bath, residential at 12702 Acadian TRL, Austin TX 78727, Austin TX For Sale 22 photos
$311,000
2 bd 2 ba 896 sqft
12702 Acadian TRL, Austin TX 78727 Austin, TX 78727
46 days on market 14.7 mi away
4 bed, 3 bath, residential at 6808 Luckenbach LN, Austin TX 78729, Austin TX For Sale 39 photos
$464,995
4 bd 3 ba 1,801 sqft
6808 Luckenbach LN, Austin TX 78729 Austin, TX 78729
122 days on market 15.1 mi away
3 bed, 2 bath, residential at 12103 Wycliff LN, Austin TX 78727, Austin TX For Sale 37 photos
$385,000
3 bd 2 ba 1,321 sqft
12103 Wycliff LN, Austin TX 78727 Austin, TX 78727
166 days on market 14.9 mi away
3 bed, 3 bath, residential at 4513 Sidereal DR, Austin TX 78727, Austin TX For Sale 40 photos
$599,000
3 bd 3 ba 2,183 sqft
4513 Sidereal DR, Austin TX 78727 Austin, TX 78727
247 days on market 15.6 mi away

Recent Sales in This Area

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3 bed, 3 bath, residential at 4812 Pelham DR, Austin TX 78727, Austin TX Off Market
Sold Feb 2026
3 bd 3 ba 1,564 sqft
4812 Pelham DR, Austin TX 78727 Austin, TX 78727
3 bed, 2 bath, residential lease at 4617 Sidereal DR, Austin TX 78727, Austin TX Off Market
Sold Jan 2026
3 bd 2 ba 1,504 sqft
4617 Sidereal DR, Austin TX 78727 Austin, TX 78727
4 bed, 3 bath, residential lease at 13108 Tilder DR, Austin TX 78729, Austin TX Off Market
Sold Jan 2026
4 bd 3 ba 2,538 sqft
13108 Tilder DR, Austin TX 78729 Austin, TX 78729
3 bed, 2 bath, residential lease at 13438 E Moscow TRL, Austin TX 78729, Austin TX Off Market
Sold Jan 2026
3 bd 2 ba 1,672 sqft
13438 E Moscow TRL, Austin TX 78729 Austin, TX 78729
5 bed, 4 bath, residential at 7605 Elkhorn Mountain TRL, Austin TX 78729, Austin TX Off Market
Sold Jan 2026
5 bd 4 ba 3,244 sqft
7605 Elkhorn Mountain TRL, Austin TX 78729 Austin, TX 78729

About Milwood, TX Homes for Sale

Neighborhoods & Subdivisions in Milwood

Milwood is not a single subdivision but a large collection of numbered sections platted and built out over roughly two decades. Each section has its own character. Milwood Sec 01 Ph 01 represents some of the original development and tends to feature larger established lots. Milwood Sec 28 and Milwood Sec 26A and Milwood Sec 26B sit in the middle of the neighborhood's buildout era and offer the classic Northwest Austin ranch-style floor plans that have aged well. Milwood Sec 23 and Milwood Sec 14 are good examples of the mid-neighborhood sections with modest lot sizes and well-maintained streetscapes. Milwood Sec 15-A and Milwood Sec 21 cover some of the earlier phases, where you find the widest street layouts and the most mature tree canopies. Milwood Sec 29 rounds out the later phases, closer to the neighborhood's northern edges.

Buyers looking at Milwood often compare it to neighboring communities along the 183 corridor. Austin neighborhoods like Scofield Farms and Anderson Mill sit nearby and offer similar lot sizes and home vintages. If you want to broaden your search to master-planned communities with more amenity infrastructure, areas like Cedar Park and Round Rock are a short drive north and offer newer construction alongside established neighborhoods. For buyers who want to stay closer to the urban core, Northwest Hills and the broader Northwest Austin corridor offer comparable lot-and-ranch home inventory.

Schools in Milwood

One of Milwood's distinguishing features is that it sits at the boundary of two strong school districts. Depending on which section of Milwood a home falls in, students may attend Austin ISD or Round Rock ISD schools, so verifying the specific school assignment for any property you are considering is important.

Within Austin ISD, Milwood feeds into a range of well-regarded campuses. Elementary options include Brentwood, Jollyville, Live Oak, Pond Springs, and Summitt. Middle school students may attend Lamar (Austin ISD), Murchison, or Deerpark. High school options within Austin ISD include Anderson, McCallum, and the highly competitive Westwood, which carries one of the strongest academic reputations in the district. Westwood consistently ranks among the top public high schools in Texas, with strong AP enrollment and college placement numbers.

For homes zoned to Round Rock ISD, the pipeline runs through Pond Springs Elementary into Canyon Vista Middle School and then on to McNeil High School or Round Rock High School. Round Rock ISD is consistently recognized as one of the strongest districts in the state, and Canyon Vista in particular draws attention for its academics and extracurriculars. McNeil High School has a long track record of strong academics and athletics.

Because the district boundary runs through the neighborhood, two homes on the same street can feed into different schools. Always confirm the specific campus assignments directly with the district before making a purchase decision based on schools.

Real Estate Market Overview

Milwood sits in a price band that appeals to buyers who want Northwest Austin's location and school access without paying the premium commanded by newer master-planned communities to the north. The inventory is almost entirely resale, with no new construction currently active in the neighborhood. That means buyers are working with homes from the late 1970s through the 1980s, many of which have been updated over the years with modern kitchens, open floor plans, and renovated bathrooms.

The market in Milwood is active, with a steady rotation of both homes for sale and properties available for lease. The rental activity reflects the neighborhood's proximity to the 183 tech corridor, which generates demand from renters who want walkable-ish access to employers without committing to a purchase. For buyers, that rental demand can be relevant context: it signals that the area maintains occupancy even in softer ownership markets.

The range of home sizes across Milwood's sections means there are entry points at multiple price levels. Smaller two and three-bedroom homes in the mid-sections offer value, while the larger original-phase lots in sections like Milwood Sec 01 Ph 01 command a premium. Buyers serious about Milwood should monitor individual sections carefully, as pricing can vary meaningfully from one part of the neighborhood to another.

Neuhaus Realty Group tracks Milwood closely as part of our broader coverage of Austin area homes for sale. We can walk you through recent comparable sales by section so you understand what the current market looks like before you start making offers.

Getting Around Milwood

Milwood's location along the US-183/Research Boulevard corridor is one of its strongest selling points. US-183 connects directly south toward the Domain, the Arboretum, and eventually downtown Austin. The drive to the Domain takes under ten minutes in normal traffic, and the Domain's mix of office towers, retail, and restaurants has become a second urban core for Northwest Austin residents.

For commuters heading north, US-183 connects to SH-45 and eventually to Cedar Park and Round Rock. Tech campuses along the Parmer Lane corridor, including major employers in the semiconductor and software space, are accessible in fifteen to twenty minutes depending on the exact destination. CapMetro's Route 383 and the MetroRapid 383 run along Research Boulevard and provide bus service for commuters who prefer to skip the driving.

Anderson Mill Road is another key east-west connector for Milwood residents, linking into the neighborhood from the west and connecting to RR 620 and the communities along Lake Travis. Lakeline Mall, HEB, Target, and a dense retail corridor along US-183 put most daily errands within a five-minute drive. Milwood is not a walkable neighborhood in the traditional urban sense, but the density of retail along the major corridors makes car-dependent errands quick and efficient.

Lifestyle in Milwood

Milwood's mature tree canopy and established street layouts give it a settled, comfortable feel that newer subdivisions take decades to develop. The neighborhood is quiet in its interior sections while remaining highly connected along its edges. Milwood Branch Library, part of the Austin Public Library system, sits within the neighborhood and serves as a community anchor. Lake Creek Park and the broader network of trails along Brushy Creek are accessible within a short drive, offering hike and bike trail access without the crowds of more centrally located Austin parks.

The restaurant and retail density along US-183 and Anderson Mill Road means Milwood residents have solid everyday options close by, without needing to drive into central Austin for most needs. The neighborhood's proximity to the Domain adds a higher-end dining and retail option that continues to expand. For buyers coming from other parts of Austin, Milwood often feels like a hidden value: solid location, good schools, established homes, and access to a lot of the conveniences that newer suburban communities build from scratch.

Frequently Asked Questions

What school districts serve Milwood?
Milwood sits on the boundary between Austin ISD and Round Rock ISD, so homes in the neighborhood feed into one of two different school systems depending on their exact location. It is important to verify the specific campus assignments for any home you are considering directly with the relevant district, as two properties on the same street can have different school assignments.
What are the best schools near Milwood?
Milwood feeds into several highly regarded campuses. Within Austin ISD, Westwood High School is one of the most academically competitive public high schools in Texas, with strong AP and college placement programs. On the Round Rock ISD side, Canyon Vista Middle School and McNeil High School are consistently recognized for academics and extracurriculars. Elementary options include Jollyville, Pond Springs, Live Oak, and Summitt, among others.
How far is Milwood from downtown Austin?
Milwood is located in Northwest Austin along the US-183/Research Boulevard corridor, roughly 15 to 20 miles from downtown Austin depending on your exact street. The drive can take anywhere from 25 to 45 minutes depending on traffic and time of day. Many Milwood residents work along the 183 corridor near the Domain or in the Parmer Lane tech cluster, which cuts the commute considerably.
Is Milwood a good area to buy a home?
Milwood offers established Northwest Austin location, access to two strong school districts, and a price point that typically comes in below newer master-planned communities in Cedar Park or Round Rock. The neighborhood has maintained steady demand over the years, supported by proximity to major tech employers along the 183 and Parmer corridors. For buyers prioritizing location and school access, Milwood is a well-regarded option.
What types of homes are available in Milwood?
Milwood is primarily a single-family residential neighborhood built out across multiple numbered sections from the late 1970s through the 1980s. Most homes are ranch-style or traditional layouts on modest lots, ranging from two-bedroom to four-bedroom floor plans. Many homes have been updated since original construction. There is no active new construction in the neighborhood, so the inventory is essentially all resale.
What are property taxes like in Milwood?
Milwood is located in Travis County, where property tax rates typically range from approximately 1.8 to 2.2 percent of assessed value depending on applicable taxing entities, including school district levies. The specific rate for a given property will depend on whether it falls within Austin ISD or Round Rock ISD, as each district carries its own tax rate. Your lender can provide a detailed estimate based on the assessed value of any specific home you are considering.
Are there HOA fees in Milwood?
Most sections of Milwood were developed without mandatory homeowners associations, which is common for Austin neighborhoods built in this era. Some individual sections or streets may have voluntary or deed-restricted arrangements, but broad mandatory HOA fees are not a standard feature of the neighborhood. Always confirm any deed restrictions or HOA obligations during the title review process before closing.
What neighborhoods are comparable to Milwood?
Buyers considering Milwood often also look at Anderson Mill and Scofield Farms in Northwest Austin for similar home vintages and lot sizes. Buyers who want newer construction or more amenity infrastructure often expand their search north to Cedar Park or Round Rock, where master-planned communities offer community pools, trails, and updated floor plans at comparable or slightly higher price points.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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