Featured image of Milwood, Austin, TX Neighborhood Page
Photo by Joe Schleis | Source
Overview

Homes for Sale in Milwood, Austin, TX

Milwood is one of the largest established neighborhoods in Northwest Austin, TX.

Its rich history can be traced from the railroads along its western and eastern boundaries. Having been developed from 1978 to 1985, Milwood homes showcase timeless design. They are predominantly single-story, ranch-style houses sitting on grassy plots. Many feature charming brick exteriors and cozy backyards with patios and decks. The addition of sophisticated apartments with meticulously crafted interiors provides a modern living option within this classic neighborhood. Residents enjoy a community pool and sports courts offering spaces for recreation and relaxation. Major thoroughfares such as Highway 183 and MoPac Expressway (Loop 1) are nearby, making commuting a breeze.

CONVENIENT LOCATION: Milwood residents have everything they need within reach, from work to play. The local plaza on McNeil Crossing houses essential retailers, including H.E.B., banks, a pharmacy, and restaurants, creating a one-stop destination for daily needs. The area is just 10 minutes from The Domain, so you can explore trendy cafes, unique boutiques, and a Whole Foods branch, providing diverse shopping and dining options. Major Northwest Austin employers abound, making it an ideal haven for young professionals. Downtown Austin is 16 miles away, while Lake Travis is just a quick 25-minute drive west.

MILWOOD EVENTS: Milwood neighborhood comes alive with vibrant community events. The most notable is the bi-annual Milwood Art Day, drawing hundreds of people from the surrounding areas and beyond. It’s a celebration of creativity featuring over 50 local artists, painters, photographers, jewelry makers, ceramicists, musicians, bakers, and more! The homeowners association also hosts a July 4th parade, garage sales, block parties, and pool parties, fostering a sense of unity and camaraderie. These create friendly connections, making Milwood an engaging place to thrive in.

PARKS & RECREATION: Milwood, Austin, TX, has plenty of hubs for relaxation and outdoor fun. Yett Creek Park is an undeveloped forest area perfect for hiking, wildlife observation, and connecting with nature. The Riata Neighborhood Park is another lush gem offering a half-mile loop with beautiful lake views, creating an idyllic setting for biking, trekking, and picnics. With tennis courts and a dog park, it caters to diverse recreational interests. Lastly, the Balcones District Park provides family fun, featuring 50 acres of open space, trails, ballcourts, a kids’ playground, and a pool. These grounds contribute to a healthy and active lifestyle.

Market Overview

North Austin, TX Real Estate Information

Median Listing Price

$450,000

Median Price Per Sq Ft

$293

Average Days on Market

54

Median Price of Sold Homes

$385,0000

Home Ownership Percentage

44.7%

Median Rent

$1,135

Homes in Milwood, Austin, TX

5 Real Estate Facts About Homes for Sale in Milwood, Austin, TX

  • Many Milwood properties are crafted by renowned builders, including DR Horton, Milburn, Highland Homes, and Ashdown Homes.
  • Most homes for sale in Milwood, Austin, TX, are single-family residences valued from $360,000 to $970,000.
  • The comfortable living space ranges from 1,200 to 2,700 square feet. 
  • Houses sit on spacious lots ranging from 0.13 to 0.22 acres, offering ample privacy and outdoor living areas.
  • The average rental fee for a one-bedroom apartment is $1,282, $1,626 for two-bedroom options, and $2,019 for three-bedroom residences.
On the map

Milwood, Austin, TX Map

To the east of Milwood is the MoPac Expressway, and Parmer Ln is to its north. McNeil Dr lines is northwest borders while Dorsett Rd outlines it to the west.

Professional photo of Joe Schleis, Realtor in North Austin, TX
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With Joe, clients can expect the highest level of service through his listening skills, communication, integrity, and very strong work ethic. Having laser focus on each of his client’s specific needs, you’ll soon know that Joe is someone you can trust and that he truly values your relationship. His business model as a real estate advisor is based on a strong foundation of repeat business and client referrals, on relationships rather than transactions.

Meet the locals

Who Lives in North Austin, TX

Population

963,121

Median Age

33.9

Median Household Income

$111,233

Households

38,312

Household size

2.28

Cost of living

129.1

Entertainment

Things to do Around Milwood

Sangam Chettinad Indian Cuisine

The perfect spot to get on a flavorful journey through the culinary traditions of regional Indian fare.

Apple Inc.

A global tech giant offering cutting-edge products and providing exciting career opportunities.

Milwood Branch - Austin Public Library

A quiet haven for readers and learners with an extensive collection of books and resources.

Balcones Youth Sports

A complex where children can develop skills, teamwork, and a love for sports, offering organized leagues and recreational activities.

Education

Schools near Milwood

School NameGradesAdmission
Summitt Elementary SchoolK - 5Public
Murchison Middle School6 - 8Public
Anderson High School9 - 12Public
Austin International SchoolK - 8Private
Hyde Park SchoolK - 12Private
Austin Classical SchoolK - 12Private