Milwood is a vibrant neighborhood located in Northwest Austin. Known for its mature trees, welcoming community, and proximity to major employers and amenities, this neighborhood has grown to be a beloved choice for homeowners. Whether you’re a first-time buyer or looking for an investment property, Milwood offers a rare balance of affordability, accessibility, and lifestyle. Milwood is one of the largest, established neighborhoods in Northwest Austin. A popular choice for home buyers looking to be near Northwest Austin employers and don’t want to sacrifice school quality, Milwood is also affordable. Unlike most master planned communities, Milwood has a voluntary neighborhood association with very low yearly dues. The neighborhood association is very active, planning activities for home owners to get out and meet their neighbors and advocating for the neighborhood with projects like the Milwood library. But, even though Milwood does not have a traditional HOA, they still have the amenities that most HOA’s provide, making it an even better choice for first time home buyers or investors looking to keep housing costs as low as possible. This Milwood neighborhood guide will tell you why home buyers are so drawn to the area and what it’s like living in Milwood. Scroll Down to Read Our Milwood Neighborhood Guide.
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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 stands out for its picturesque streets lined with mature oak and cedar trees. Sidewalks weave through the neighborhood, giving it a walkable and community-centric vibe. The homes are situated on lots ranging from about 0.15 to 0.5 acres and provide plenty of backyard space.
Milwood also boasts a range of architectural styles. You’ll find everything from charming 1970s ranch-style homes to more modern builds constructed in the late 1990s. The diversity of styles adds character to the neighborhood and ensures there’s something for every taste.
What Do Milwood Homes Look Like?
The homes in Milwood offer variety when it comes to size and layout. Here’s what you can expect when looking at properties in this neighborhood:
- Sizes: Homes range from 765 to 4,712 square feet, with a median size of 1,740 square feet (perfect for growing families or smaller households).
- 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. This means plenty of yard space for gardening, family gatherings, or kids to play.
Additionally, many homes in Milwood are well-maintained, with features like updated interiors, energy-efficient upgrades, and outdoor decks to enjoy Austin’s beautiful weather. Scroll down to continue reading our Milwood neighborhood guide.
Neighborhood Amenities
Milwood keeps residents busy with nearby parks, recreational facilities, and community resources. Some highlights include:
- Balcones District Park: A local favorite for families, this park offers a basketball court, volleyball court, playgrounds, and 50 acres of open space for picnics or outdoor sports.
- Hiking and Biking Trails: Explore the Northern Walnut Creek Trail, perfect for jogging, biking, or a serene walk in nature.
- Balcones Pool: Cool off in this neighborhood pool during Austin’s hot summers.
While Milwood doesn’t have a mandatory HOA, residents still have access to many of the same amenities traditionally found in HOA-managed communities, minus the high fees.
Why Do Homebuyers Choose Milwood?
Affordability and Value: With home prices starting below the median home price in Austin, Milwood is an affordable option compared to many other Northwest Austin neighborhoods.
Proximity to Employers: The neighborhood’s location near MoPac and Parmer Lane offers easy commutes to tech giants like Apple, Dell, and IBM.
Top-Rated Schools: Families benefit from access to highly rated schools served by Round Rock ISD and Austin ISD. Notable schools include Westwood High and Canyon Vista Middle, both highly regarded for academic excellence.
Strong Community Feel: Ongoing neighborhood events and active involvement from the Milwood Neighborhood Association make it an inviting place to live.
How’s the Commute?
Milwood’s location is a dream for commuters. The neighborhood is conveniently situated near major highways like MoPac and Parmer Lane, providing quick access to key employment hubs and downtown Austin.
- To Downtown Austin: 20–25 minutes
- To The Domain: 10 minutes, making it perfect for shopping, dining, and entertainment.
- To Tech Companies: Apple’s North Austin campus and Dell’s headquarters are both within a short drive.
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Milwood Property Tax Rate
The property tax rate in the Austin ISD section of Milwood is 1.8092% and 1.8688% in the Round Rock ISD section as of the 2023 tax year.
Milwood Schools
Kids who live in Northwest Austin’s Milwood neighborhood are served by the Round Rock ISD or the Austin ISD and will likely attend the following schools:
Round Rock ISD Schools in Milwood
- Jollyville Elementary - 7/10
- Live Oak Elementary - 4/10
- Pond Springs Elementary - 8/10
- Canyon Vista Middle - 9/10
- Deerpark Middle - 4/10
- McNeil High - 7/10
- Westwood High - 9/10
School ratings reflect Great Schools ratings as of January 2025. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Austin ISD Schools in Milwood
- Summitt Elementary - 8/10
- Murchison Middle - 6/10
- Anderson High - 7/10
School ratings reflect Great Schools ratings as of January 2025. 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.
Where Are the Best Coffee Shops to Work?
Need to work remotely or savor a good cup of coffee? Milwood has you covered with nearby coffee shops that cater to workspaces and socializing.
- Summer Moon Coffee: A cozy spot known for its signature Moon Milk lattes and free Wi-Fi.
- Clover Coffee: A modern café offering a quiet atmosphere, craft coffee, and plenty of seating, perfect for productivity or meeting with friends.
- Austin Grind: A local favorite with a relaxed vibe, strong brews, and reliable Wi-Fi, ideal for remote work or casual meetups.
- Dhaba Cafe: A unique blend of Indian flavors and classic café offerings, featuring delicious chai, a warm ambiance, and a great spot to unwind or catch up on work.
Favorite Restaurants and Bars
For dining and nightlife, Milwood is within minutes of fantastic options. Here are a few favorites:
- Sangam Chettinad Indian Cuisine: A must-visit for authentic South Indian dishes, offering bold spices, rich flavors, and a welcoming atmosphere, perfect for family dinners or a flavorful night out.
- Doc B’s Fresh Kitchen: A polished yet casual eatery known for its fresh, made-from-scratch dishes, offering everything from hearty salads to savory sandwiches, paired with excellent service and a welcoming vibe.
- Pour House: A lively spot known for its extensive craft beer selection, cozy atmosphere, and live music nights, making it a favorite for relaxing evenings with friends.
- Sopa De Fideo: A comforting Mexican noodle soup that’s simple yet deeply flavorful, featuring a savory tomato-based broth, tender vermicelli noodles, and a choice of fresh toppings like avocado or lime for a warm and satisfying meal.
- Yummi Tacos: A local gem serving fresh, flavorful tacos with a wide range of toppings, perfect for a quick bite or satisfying late-night cravings.
- Uptown Lounge Craft Kitchen & Cocktails: A trendy spot offering a refined menu of craft cocktails and gourmet dishes, paired with a chic and welcoming atmosphere perfect for date nights, celebrations, or simply unwinding with friends.
Staying Active in and Around Milwood
Want to stay fit? You’ll have plenty of options nearby.
- Gyms: Fitness centers like Planet Fitness and Orangetheory Fitness are just a few miles away.
- F45 Training Jollyville: This high-intensity group workout studio specializes in 45-minute sessions that combine functional training, cardio, and strength exercises, offering a supportive community for all fitness levels.
- Reframe Fitness: A unique boutique gym that focuses on personalized coaching and innovative workout programs, designed to improve strength, mobility, and overall well-being in a welcoming environment.
- Outdoor Activities: Hiking at Walnut Creek or joining a local running group are great ways to stay active in the neighborhood.
Fun Things to Do Near Milwood
When it comes to recreation, living in Milwood means having access to a variety of fun activities:
- The Domain: Often called Austin’s “second downtown,” this shopping and entertainment complex offers luxury boutiques, casual eateries, and vibrant nightlife.
- TopGolf Austin: Perfect for a weekend of fun with friends and family, combining golf, games, and great food.
- Austin Aquarium: An educational and interactive experience for kids and families, located just a short 15-minute drive away.
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Make Milwood Your Next Home
Milwood’s blend of affordability, accessibility, and charm makes it a standout choice for homebuyers in Austin. Whether you’re drawn to its laid-back vibe, strong sense of community, or convenient location, Milwood is a neighborhood that truly has it all.
Looking to buy in Milwood? Our expert team of Milwood buyer’s agents is here to help you find exactly what you’re looking for. Get in touch today to explore available listings and make Milwood your new home!
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.
