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12508 Terra Nova LN
Austin, TX, 78727
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$540,000
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Tucked into the heart of Milwood, this lovingly-maintained North Austin gem has the kind of layout that keeps up with a full house, a busy crew, or whatever life throws your way. The main level offers flexible living with multiple bedrooms. Upstairs, you’ll find an oversized primary suite built for recharging, plus a second bedroom with its own full bathroom—perfect for a busy crew or anyone who likes a little extra privacy. Laminate wood flooring runs throughout (no carpet anywhere), and vaulted ceilings bring in natural light and a sense of openness. Recent smart upgrades include a newer HVAC system, energy-efficient windows, and a modern alarm system for added comfort and peace of mind. The backyard is shaded, spacious, and hot-tub ready with pre-installed hookups. The icing on the cake is: a powered shed with A/C—just waiting to become your home office, creative studio, backyard bar, or quiet escape. Located minutes from The Domain, major highways, hospitals, and the Apple campus—with low property taxes to top it off—this home is move-in ready but still full of possibility. It’s not just a place to live—it’s a place to land, grow, and make entirely your own.
Property Type
Residential
Year Built
1984
Lot Size
0.16 acres
$/Sq Ft
$256
Garage
2 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Verified property facts
12508 Terra Nova LN is listed at $540,000 with 4 bedrooms, 3 full bathrooms, 2,110 square feet, 0.16-acre lot. This places it above the ZIP 78727 single-family closed-sale median price of $471,904 (ZIP 78727 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 10, 2026).
12508 Terra Nova LN is zoned for Austin ISD with assigned schools: Summitt (10/10) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
12508 Terra Nova LN is a Residential built in 1984 featuring 4 bedrooms, 3 full bathrooms, 2,110 square feet, 0.16-acre lot.
12508 Terra Nova LN is listed by eXp Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
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2 records on file
Every recorded listing, sale, and lease at 12508 Terra Nova LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.8% | — | $507,455 | — | — |
2024+0.4% | — | $640,490 | $250,000 | $288,113 |
2023+49.1% | — | $638,037 | $150,000 | $490,490 |
2022 | — | $428,000 | $165,000 | $473,037 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($108K)
Adjustable assumption - not a lending recommendation.
$540,000
Luxury property intelligence
A sourced read on Milwood Sec 10 pricing, timing, and property scale. No automated valuation claim.
List price
$540,000
Price per sqft
$256/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$35K reduction
$575K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 12508 Terra Nova LN is $9,298. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 12508 Terra Nova LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 12508 Terra Nova LN is offered at $540,000. The current MLS snapshot shows 55 active listings in 78727. Keenan Group has completed 8 verified transactions in 78727 within its 1,000+ completed transactions and $1B+ career volume across Austin.
12508 Terra Nova LN was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
9 events on record
Current Price
$540,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.8% | — | $507,455 | — | — |
2024+0.4% | — | $640,490 | $250,000 | $288,113 |
2023+49.1% | — | $638,037 | $150,000 | $490,490 |
2022 | — | $428,000 | $165,000 | $473,037 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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