Milwood is one of the largest established neighborhoods in Northwest Austin, off Parmer Lane in the 78727 and 78729 zip codes, with a voluntary neighborhood association instead of a mandatory HOA. Scroll Down to Read Our Milwood Neighborhood Guide.
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Milwood Homes for Sale
SEARCH ALL MILWOOD HOMES FOR SALENo Email Required! Where Is the Milwood Community Pool?
Balcones Pool is a City of Austin pool in the neighborhood.
- Balcones Pool: 12017 Amherst Dr, Austin, TX 78729
Milwood Neighborhood Association, Dues and Deed Restrictions
Milwood has no mandatory HOA. The Milwood Neighborhood Association is a voluntary association that asks residents to consider paying annual dues of $15. The dues help fund neighborhood watch, park and trail projects, the July 4th Parade and Picnic, National Night Out, and the semi-annual garage sales.
Deed restrictions do apply to many Milwood properties, and they vary by subdivision section. The association has compiled the recorded covenants for each section on its deed restrictions and plats page. To find the covenant for a specific home, start with its legal description (subdivision, section, block and lot).
The neighborhood also has the Adelphi Acre Community Garden, a volunteer-run garden for residents.
Milwood Neighborhood Map
Milwood is located off Parmer Lane in Northwest Austin. To get to Milwood, take MoPac to Parmer Lane and head northwest. There are several entrances to Milwood from Amherst Dr to Anderson Mill Road on the left. Milwood is shaded in blue on the map below. Explore other Northwest Austin neighborhoods in our Northwest Austin Neighborhood Guide. Scroll down to continue reading our Milwood neighborhood guide.
Milwood Zip Code
Milwood is located in Northwest Austin in the 78727 and 78729 zip codes.
What Does the Milwood Neighborhood Look Like?
Milwood has streets lined with mature oak and cedar trees and sidewalks through the neighborhood. Lots range from about 0.15 to 0.5 acres.
Homes range from 1970s ranch-style homes to builds from the late 1990s.
What Do Milwood Homes Look Like?
Homes in Milwood vary in size and layout:
- Sizes: Homes range from 765 to 4,712 square feet, with a median size of 1,740 square feet.
- Rooms: You’ll find homes with anywhere from 2 to 8 bedrooms and 1 to 5 bathrooms, with the most common floor plan being 3 bedrooms and 2 bathrooms.
- Lots: Homes are typically set on lots measuring 0.16 acres but can go up to 0.5 acres.
Many homes in Milwood have updated interiors, energy-efficient upgrades, and outdoor decks. Scroll down to continue reading our Milwood neighborhood guide.
Neighborhood Amenities
Nearby parks, recreation, and community resources include:
- Balcones District Park: A park with a basketball court, volleyball court, playgrounds, and 50 acres of open space.
- Hiking and Biking Trails: The Northern Walnut Creek Trail for jogging, biking, and walking.
- Balcones Pool: A City of Austin pool in the neighborhood.
Milwood does not have a mandatory HOA.
Why Do Homebuyers Choose Milwood?
Prices: The median sale price over the past 12 months was $466,500.
Proximity to Employers: Milwood is near MoPac and Parmer Lane, close to employers like Apple, Dell, and IBM.
Schools: Milwood is zoned to Round Rock ISD and Austin ISD, including Westwood High and Canyon Vista Middle.
Neighborhood association: The Milwood Neighborhood Association plans neighborhood events.
How’s the Commute?
Milwood is near major highways like MoPac and Parmer Lane.
- To Downtown Austin: 20 to 25 minutes
- To The Domain: 10 minutes.
- To Tech Companies: Apple’s North Austin campus and Dell’s headquarters are both within a short drive.
Scroll down to continue reading our Milwood neighborhood guide.
Milwood Property Tax Rate
The property tax rate in the Austin ISD section of Milwood is 2.0465% in the Austin ISD and 2.0144% in the Round Rock ISD as of the 2025 tax year. It was 1.9244% as of the 2024 year. It was 1.8092% in the 2024 tax year and 1.8688% in the Round Rock ISD section as of the 2023 tax year.
Milwood Schools
Homes in Northwest Austin’s Milwood neighborhood are zoned to the Round Rock ISD or the Austin ISD, and students will likely attend the following schools:
Round Rock ISD Schools in Milwood
- Jollyville Elementary - 8/10
- Live Oak Elementary - 7/10
- Pond Springs Elementary - 8/10
- Canyon Vista Middle - 10/10
- Deerpark Middle - 5/10
- McNeil High - 7/10
- Westwood High - 9/10
School ratings reflect Great Schools ratings as of September 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Austin ISD Schools in Milwood
- Summitt Elementary - 9/10
- Murchison Middle - 8/10
- Anderson High - 7/10
School ratings reflect Great Schools ratings as of September 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Milwood Photos
Milwood Sold Data – What Milwood Homes Actually Sold For
What sold recently in Milwood and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Milwood? How many homes are currently for sale in Milwood? What’s the median sold price in Milwood? What does the 90 day historic market trend look like in Milwood? How’s the Milwood market trending?
All of these questions (and more!) can be answered on our Milwood Sold Data Report.
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Milwood Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 150 |
| Bed / Bath Range | 2–5 beds, 1–5 baths |
| Median Sale Price | $466,500 |
| Price Range | $205,000 – $819,000 |
| Median Price Per Sq Ft | $259 |
| Median Home Size | 1,818 sq ft |
| Median Days on Market | 15 days |
| Sale-to-List Ratio | 98% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Milwood Home Price History
Curious how home prices in Milwood have trended? Here’s a five-year look at closed sales from 2022 through 2026 YTD.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 149 | $575,000 | — | $299,000–$980,000 | $315 | 1,760 sq ft | 3bd/3ba | 7 days | 100% |
| 2023 | 130 | $487,600 | ▼ 15.2% | $320,000–$970,000 | $286 | 1,762 sq ft | 3bd/2ba | 17 days | 99% |
| 2024 | 133 | $495,000 | ▲ 1.5% | $275,000–$760,000 | $265 | 1,728 sq ft | 3bd/3ba | 21 days | 98% |
| 2025 | 156 | $453,500 | ▼ 8.4% | $205,000–$879,300 | $262 | 1,717 sq ft | 3bd/2ba | 27 days | 99% |
| 2026 YTD | 108 | $469,000 | ▲ 3.4% | $240,000–$757,337 | $263 | 1,752 sq ft | 3bd/2ba | 13 days | 99% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Milwood Days on Market Trend
How fast are Milwood homes selling? Here’s a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 149 | 7 days | 22 days |
| 2023 | 130 | 17 days | 41 days |
| 2024 | 133 | 21 days | 40 days |
| 2025 | 156 | 27 days | 44 days |
| 2026 YTD | 108 | 13 days | 39 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through October 2026. Statistics deemed reliable but not guaranteed.
Own a Home in Milwood? See What It Is Worth
Request a free pricing analysis based on recent Milwood sales. We reply within one business day.
Where Are the Best Coffee Shops to Work?
Coffee shops near Milwood include:
- Summer Moon Coffee: Known for its signature Moon Milk lattes and free Wi-Fi.
- Clover Coffee: A modern café with craft coffee and plenty of seating.
- Austin Grind: A coffee shop with Wi-Fi for remote work or casual meetups.
- Dhaba Cafe: Indian flavors and classic café offerings, including chai.
Favorite Restaurants and Bars
Dining and nightlife options near Milwood include:
- Sangam Chettinad Indian Cuisine: South Indian dishes.
- Doc B’s Fresh Kitchen: A casual eatery with made-from-scratch dishes, from salads to sandwiches.
- Pour House: A bar with a craft beer selection and live music nights.
- Sopa De Fideo: Mexican noodle soup with a tomato-based broth and toppings like avocado or lime.
- Yummi Tacos: Tacos with a range of toppings.
- Uptown Lounge Craft Kitchen & Cocktails: Craft cocktails and a kitchen menu.
Staying Active in and Around Milwood
Fitness options near Milwood include:
- Gyms: Fitness centers like Planet Fitness and Orangetheory Fitness are just a few miles away.
- F45 Training Jollyville: High-intensity group workouts in 45-minute sessions.
- Reframe Fitness: A boutique gym with personalized coaching.
- Outdoor Activities: Hiking at Walnut Creek.
Fun Things to Do Near Milwood
Nearby attractions include:
- The Domain: A shopping and entertainment complex with boutiques, restaurants, and nightlife.
- TopGolf Austin: Golf, games, and food.
- Austin Aquarium: An interactive aquarium about a 15-minute drive away.
Thanks for reading our Milwood neighborhood guide.
Make Milwood Your Next Home
Milwood is one of the largest established neighborhoods in Northwest Austin, with a voluntary neighborhood association and a location near MoPac and Parmer Lane.
To see homes for sale in Milwood, contact us.
Pros and Cons of Living in Milwood
Pros
- No mandatory HOA: The voluntary Milwood Neighborhood Association asks residents to consider annual dues of $15, which help fund neighborhood watch, park and trail projects, the July 4th Parade and Picnic, National Night Out, and semi-annual garage sales.
- Lots: Lots range from about 0.15 to 0.5 acres, on streets lined with mature oak and cedar trees and sidewalks.
- Pool and parks: Balcones Pool at 12017 Amherst Dr is a City of Austin pool in the neighborhood, and Balcones District Park and the Northern Walnut Creek Trail are nearby.
- Commute: Milwood is near MoPac and Parmer Lane, about 10 minutes from The Domain and 20 to 25 minutes from downtown Austin.
- Recent sales: 150 homes sold in the past 12 months, with a median sale price of $466,500 and a median of 15 days on the market.
- Zoned to Round Rock ISD or Austin ISD schools. Round Rock ISD: Jollyville Elementary (8/10), Live Oak Elementary (7/10), Pond Springs Elementary (8/10), Canyon Vista Middle (10/10), Deerpark Middle (5/10), McNeil High (7/10), and Westwood High (9/10). Austin ISD: Summitt Elementary (9/10), Murchison Middle (8/10), and Anderson High (7/10).
Cons
- Property tax: The 2025 property tax rate was 2.0465% in the Austin ISD section and 2.0144% in the Round Rock ISD section.
- Deed restrictions: Deed restrictions apply to many Milwood properties and vary by subdivision section.
- Two school districts: Milwood is zoned to both Round Rock ISD and Austin ISD, so the schools depend on the section.
- Homes were built from the 1970s to the late 1990s, with a median size of 1,818 square feet.
- The median sale price fell from $575,000 in 2022 to $466,500 in the past 12 months, and median days on market rose from 7 to 15.
Who it fits: Milwood fits buyers who want a Northwest Austin home near MoPac and Parmer Lane with a median sale price of $466,500, a voluntary neighborhood association instead of a mandatory HOA, and lots of 0.15 to 0.5 acres. Who should look elsewhere: Buyers who want a gated or master-planned community with HOA-managed amenities, or newer construction, may want to look at other Northwest Austin neighborhoods.
Frequently Asked Questions About Milwood
Yes. Balcones Pool at 12017 Amherst Dr is a City of Austin pool in the neighborhood.
No. Milwood has no mandatory HOA. The Milwood Neighborhood Association is voluntary and asks residents to consider annual dues of $15. Deed restrictions apply to many Milwood properties and vary by subdivision section.
Milwood is zoned to Round Rock ISD or Austin ISD. In Round Rock ISD, students will likely attend Jollyville Elementary (8/10), Live Oak Elementary (7/10), or Pond Springs Elementary (8/10), then Canyon Vista Middle (10/10) or Deerpark Middle (5/10), and McNeil High (7/10) or Westwood High (9/10). In Austin ISD, students will likely attend Summitt Elementary (9/10), Murchison Middle (8/10), and Anderson High (7/10).
Milwood is in two school districts, so the property tax rate depends on the section. As of the 2025 tax year, the rate is 2.0465% in the Austin ISD section and 2.0144% in the Round Rock ISD section. Confirm the current rate with the county tax office before making an offer.
The median sale price in Milwood over the past 12 months was $466,500 across 150 sales, with prices from $205,000 to $819,000 and a median of $259 per square foot.
Homes in Milwood that sold in the past 12 months had a median of 15 days on the market and a 98% sale-to-list ratio. Median days on market was 7 in 2022, 17 in 2023, 21 in 2024, and 27 in 2025.
Milwood is off Parmer Lane in Northwest Austin, in the 78727 and 78729 zip codes. To get there, take MoPac to Parmer Lane and head northwest, with several entrances from Amherst Dr to Anderson Mill Road. Homes sold in the past 12 months had 2 to 5 bedrooms and 1 to 5 bathrooms, with a median size of 1,818 square feet.
Northwest Austin Realtor Specializing in Milwood Homes
Rebecca Jacks and Raymond Stoklosa are Northwest Austin Realtors specializing in Milwood homes. Whether you’re looking to buy or sell a home in Milwood, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Milwood and Selling a Home in Milwood.
