Parkwood is a Southwest Austin neighborhood off W Dittmar Rd, built in the mid 1990s by Milburn Homes (later bought by D.R. Horton), in two sections separated by Dittmar Neighborhood Park. Scroll Down to Read Our Parkwood Neighborhood Guide.
Parkwood Homes for Sale
SEARCH ALL PARKWOOD HOMES FOR SALENo Email Required! Where Is the Parkwood Community Pool?
Parkwood has a community pool. Dittmar Neighborhood Pool, a City of Austin pool at 1009 W Dittmar Rd, is in Dittmar Neighborhood Park, which sits between the two sections of Parkwood.
Parkwood Neighborhood Map
Parkwood is located off W Dittmar Rd. To get to Parkwood, take 35 to William Cannon and head west. Make a left on S 1st St and a right on W Dittmar Road. Make a left on Latteridge Drive. Parkwood is shaded in blue on the map below. Explore other Southwest Austin neighborhoods in our Southwest Austin Neighborhood Guide. Scroll down to continue reading our Parkwood neighborhood guide.
Why Consider Living in Parkwood
Parkwood is off W Dittmar Road between Menchaca Road and S 1st St, in two sections separated by Dittmar Neighborhood Park.
There is no through-traffic. Large, mature trees line the sidewalks, and homes have brick or stone exteriors, mainly built in the 1990s by Milburn Homes (now DR Horton). Options range from 2 to 4 bedrooms and 2 to 3 bathrooms, with sizes mainly between 949 and 2,344 square feet.
Parkwood has:
- Low street traffic
- Sidewalks shaded by established trees
- Homes with traditional styles
Exploring the Neighborhood
What the Streets and Homes Look Like
Streets loop with no major thoroughfare cutting through, and each section borders Dittmar Neighborhood Park. Most homes are one or two stories with brick or stone exteriors, and lots average about 0.14 acres.
Expect to see:
- Mostly 3-bedroom, 2-bath homes around 1,500 square feet
- Traditional architecture with a mix of 1 and 2-car garages
- Shady sidewalks
Many homes have updated kitchens, flooring, or baths.
Amenities Inside Parkwood
Parkwood amenities include:
- Access to Dittmar Neighborhood Park: Tennis courts, a pool, playgrounds, and jogging paths border the neighborhood.
- Sidewalks and Mature Trees: Mature trees and sidewalks line the streets.
- Low traffic: The neighborhood has no through-traffic.
Why Home Buyers Choose Parkwood
- Home style: Brick and stone homes of about 1,500 square feet.
- Quiet Location: Limited street access means fewer cars.
- Central Access: Parkwood is near Menchaca Road’s dining, Southpark Meadows, and Austin’s highways.
- Neighborhood Parks: Dittmar Neighborhood Park is between the two sections.
Commuting and Getting Around from Parkwood
Commuting from Parkwood:
- Easy Access: Parkwood sits near William Cannon, Menchaca Road, and S 1st St, providing routes to downtown Austin, the airport, and employer hubs.
- Typical Commute Times: Expect about 20-30 minutes to downtown Austin during peak hours.
- Public Transportation: Several bus lines run on Menchaca and S 1st for trips to central Austin.
Scroll down to continue reading our Parkwood neighborhood guide.
Parkwood Neighborhood Photos
Parkwood Property Tax Rate
The property tax rate in Southwest Austin's Parkwood neighborhood is 2.0465% as of the 2025 tax year, up from 1.9818% as of the 2024 year. It was 1.8092% as of the 2023 tax year, down from 1.9749% as of the 2022 tax year. The property tax rate was 2.1767% as of the 2021 tax year.
Parkwood Schools
Homes in Southwest Austin's Parkwood neighborhood are zoned to the Austin ISD, and students will likely attend the following schools:
- Casey Elementary - 8/10
- Bailey Middle - 6/10
- Akins High - 4/10
School ratings reflect Great Schools ratings as of November 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Parkwood Sold Data - What Parkwood Homes Actually Sold For
What sold recently in Parkwood 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 Parkwood? How many homes are currently for sale in Parkwood? What’s the median sold price in Parkwood? What does the 90 day historic market trend look like in Parkwood? How’s the Parkwood market trending?
All of these questions (and more!) can be answered on our Parkwood Sold Data Report.
Parkwood Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 13 |
| Bed / Bath Range | 2–4 beds, 2–3 baths |
| Median Sale Price | $380,000 |
| Price Range | $312,000 – $525,000 |
| Median Price Per Sq Ft | $241 |
| Median Home Size | 1,663 sq ft |
| Median Days on Market | 14 days |
| Sale-to-List Ratio | 100% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Parkwood Home Price History
Curious how home prices in Parkwood 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 | 27 | $487,000 | — | $320,000–$685,000 | $328 | 1,630 sq ft | 3bd/2ba | 7 days | 103% |
| 2023 | 16 | $449,500 | ▼ 7.7% | $345,000–$636,000 | $287 | 1,524 sq ft | 3bd/3ba | 32 days | 98% |
| 2024 | 15 | $439,900 | ▼ 2.1% | $350,000–$480,000 | $268 | 1,494 sq ft | 3bd/2ba | 26 days | 99% |
| 2025 | 13 | $430,000 | ▼ 2.3% | $270,000–$625,000 | $275 | 1,655 sq ft | 3bd/2ba | 36 days | 97% |
| 2026 YTD | 10 | $420,000 | ▼ 2.3% | $312,000–$525,000 | $236 | 1,895 sq ft | 3bd/3ba | 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.
Parkwood Days on Market Trend
How fast are Parkwood 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 | 27 | 7 days | 21 days |
| 2023 | 16 | 32 days | 41 days |
| 2024 | 15 | 26 days | 38 days |
| 2025 | 13 | 36 days | 75 days |
| 2026 YTD | 10 | 13 days | 26 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through October 2026. Statistics deemed reliable but not guaranteed.
Coffee Shops for Working or Hanging Out
Coffee shops near Parkwood include:
- Radix Coffee House: Known for its calm vibe and reliable WiFi.
- Praxis Coffee Roasters: Specialty coffee.
- The Hive: Indoor and outdoor seating.
- Drifters Social Coffee & Cocktails: Snacks and coffee.
- Cannon Coffee: Pastries.
- Jo’s Coffee South Austin: A short drive away.
Parkwood’s Best Restaurants and Bars
Dining options near Parkwood include:
- ARTIPASTA Italian Food: House-made pastas and sauces, for dine-in or carry-out.
- Tacos Ricos: Breakfast tacos and lunch plates.
- Golden Hour Cafe & Wine Bar: Snacks, wine, and live music nights.
- Brick’s Pub: Sports bar classics and local beers.
- Hasta La Luna: Known for Mexican favorites and margaritas.
- Winston’s Kitchen: Quick bites with Southern comfort flavors.
- Radfish: Seafood specials.
Where to Stay Active Nearby
Gyms near Parkwood include:
- Planet Fitness: A full set of equipment
- F45 Training: Group workouts for all levels, with a focus on HIIT classes
- Austin Fitness Center: A local, owner-operated gym
- Empoderadas Gym: Strength training and group exercise classes
- Total Kickboxing Fitness: Martial arts-inspired workouts
Dittmar Neighborhood Park connects directly to Parkwood by sidewalks, with open space for running.
Fun Things to Do Near Parkwood
Things to do near Parkwood include:
- Southpark Meadows: Major shopping with big box and local stores, restaurants, and outdoor concerts.
- Mary Moore Searight Metropolitan Park: Trails, disc golf, horseback riding, and sports fields just a short drive south.
- Dittmar Neighborhood Park: Pool, playgrounds, tennis and basketball courts right in the area.
- St. Elmo Brewing Company: Microbrewery with live music and rotating food trucks nearby.
- Central Market South: Live music events and a cafe.
- The Austin Beer Garden Brewing Co. (ABGB): Large patio, pizza, and a beer selection.
Key Takeaways for Prospective Home Buyers
Parkwood is a mid 1990s Southwest Austin neighborhood with brick and stone homes, quiet streets, and Dittmar Neighborhood Park between its two sections.
To see current Parkwood listings, contact us.
Your Next Steps
To schedule a virtual tour of Parkwood homes, contact us.
Pros and Cons of Living in Parkwood
Pros
- Parkwood was built in the mid 1990s by Milburn Homes, with brick or stone homes of about 949 to 2,344 square feet on lots averaging about 0.14 acres.
- Dittmar Neighborhood Park is between the two sections, with tennis courts, jogging paths, and Dittmar Neighborhood Pool, a City of Austin pool at 1009 W Dittmar Rd.
- Parkwood has no through-traffic, and large mature trees line the sidewalks.
- Homes sold in the past 12 months had a median sale price of $380,000 across 13 sales, with a median of 14 days on the market.
- Zoned to Austin ISD schools: Casey Elementary (8/10), Bailey Middle (6/10), and Akins High (4/10).
Cons
- The 2025 property tax rate was 2.0465%, up from 1.9818% in 2024.
- The pool is a City of Austin pool in Dittmar Neighborhood Park, not a pool run by a neighborhood association.
- The median sale price fell each year, from $487,000 in 2022 to $380,000 in the past 12 months.
- Median days on market was 36 in 2025, compared with 7 in 2022.
Who it fits: Parkwood fits buyers who want a mid 1990s brick or stone home of about 1,500 square feet near Dittmar Neighborhood Park, with Austin ISD zoning. Who should look elsewhere: Buyers who want a neighborhood-run pool, a newer home, or a larger lot may want to look at other Southwest Austin neighborhoods.
Frequently Asked Questions About Parkwood
Yes. Parkwood has a community pool: Dittmar Neighborhood Pool, a City of Austin pool at 1009 W Dittmar Rd in Dittmar Neighborhood Park, which sits between the two sections of the neighborhood.
Parkwood is zoned to Austin ISD. Students will likely attend Casey Elementary (8/10), Bailey Middle (6/10), and Akins High (4/10).
The property tax rate in Parkwood is 2.0465% as of the 2025 tax year, up from 1.9818% as of the 2024 year. It was 1.8092% as of the 2023 tax year, down from 1.9749% as of the 2022 tax year. Confirm the current rate with the Travis County tax office before making an offer.
The median sale price in Parkwood over the past 12 months was $380,000 across 13 sales, with prices from $312,000 to $525,000 and a median of $241 per square foot.
Homes in Parkwood that sold in the past 12 months had a median of 14 days on the market and a 100% sale-to-list ratio. Median days on market was 7 in 2022, 32 in 2023, 26 in 2024, and 36 in 2025.
Parkwood was built in the mid 1990s by Milburn Homes, now part of D.R. Horton. Homes range from 2 to 4 bedrooms and 2 to 3 bathrooms, with sizes mainly between 949 and 2,344 square feet, and most are 3 bedroom, 2 bathroom homes of around 1,500 square feet.
Parkwood is off W Dittmar Rd between Menchaca Road and S 1st St in Southwest Austin. The neighborhood has two sections, separated by Dittmar Neighborhood Park.
Southwest Austin Realtor Specializing in Parkwood Homes
Rebecca Jacks and Raymond Stoklosa are Southwest Austin Realtors specializing in Parkwood homes. Whether you're looking to buy or sell a home in Parkwood, 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 Parkwood and Selling a Home in Southwest Austin.
