#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on May 15, 2026. Looking for something similar? Contact us or browse available homes.
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Completely updated and move-in ready, this 3-bedroom, 2-bath home offers thoughtful improvements and a rare private setting backing directly to Shoal Creek. The interior has been fully refreshed with new flooring, new paint, and modern updates throughout, creating a clean and cohesive feel across the home’s living spaces.
The functional floor plan provides comfortable living and dining areas, well-sized bedrooms, and an easy flow for everyday living. A two-car garage offers ample storage and convenience.
Out back, the professionally landscaped yard provides a quiet retreat with mature greenery and direct backing to Shoal Creek, offering added privacy and a natural backdrop that is hard to find in the city.
A turnkey property combining updated interiors with a large, private yard in a unique creekside setting.
Property Type
Residential
Year Built
1969
Lot Size
0.23 acres
$/Sq Ft
$482
Garage
2 spaces
Listed by Engel & Volkers Austin
Verified property facts
8500 Millway DR is listed at $574,999 with 3 bedrooms, 2 full bathrooms, 1,194 square feet, 0.23-acre lot.
8500 Millway DR is zoned for Austin ISD with assigned schools: Pillow (6/10) (elementary), Burnet (Austin ISD) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
8500 Millway DR is a Residential built in 1969 featuring 3 bedrooms, 2 full bathrooms, 1,194 square feet, 0.23-acre lot.
8500 Millway DR is listed by Engel & Volkers Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 5, 2026.
8500 Millway DR is priced at $482 per square foot across 1,194 sqft. The Allandale neighborhood guide reference price is $950,000 (Allandale neighborhood guide · reference price).
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 8500 Millway DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract 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 |
|---|---|---|---|---|
2025-13.1% | — | $492,047 | — | — |
2024-8.1% | — | $566,171 | $276,250 | $281,257 |
2023+38.7% | — | $615,779 | $276,250 | $289,921 |
2022+3.4% | — | $444,082 | $340,000 | $275,779 |
2021 | — | $429,401 | $244,800 | $199,282 |
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% ($115K)
Adjustable assumption - not a lending recommendation.
$574,999
Luxury property intelligence
A sourced read on Allandale pricing, timing, and property scale. No automated valuation claim.
List price
$574,999
Price per sqft
$482/sqft
Vs. Neighborhood guide reference price
-39.5%
$950K · Allandale neighborhood guide · reference price
Days on market
Not available
Original to current
$10K reduction
$585K original
Active inventory context
22 listings
Price Position in Allandale
Listed 39% below the Allandale neighborhood guide reference price. Allandale neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 8500 Millway DR is $6,975. 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 8500 Millway DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 5, 2026, 8500 Millway DR is offered at $574,999. The current MLS snapshot shows 65 active listings in 78757. Keenan Group has completed 18 verified transactions in 78757 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Allandale guide for current neighborhood analysis.
8500 Millway DR was built in 1969 (57 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 8500 Millway DR as waterfront. The reported waterfront feature is Creek. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Allandale is one of Austin's established neighborhoods, zoned for Austin ISD in the 78757 area. The Keenan Group has specialized in Allandale real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
9 events on record
Current Price
$574,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.1% | — | $492,047 | — | — |
2024-8.1% | — | $566,171 | $276,250 | $281,257 |
2023+38.7% | — | $615,779 | $276,250 | $289,921 |
2022+3.4% | — | $444,082 | $340,000 | $275,779 |
2021 | — | $429,401 | $244,800 | $199,282 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
Allandale is a mid-century neighborhood in North-Central Austin's 78757, built around the Burnet Road dining corridor and the Shoal Creek trail. Median home price $950K. Austin ISD schools (Gullett Elementary), 12 minutes to downtown, 8 minutes to UT campus. The housing stock is predominantly 1950s-60s ranch homes on generous lots (8,000-12,000+ sq ft) — big enough for serious yard space, a pool, or a future addition. Some owners have updated; others love the original floor plans. A teardown-and-rebuild wave is underway but slower than in Westlake or Tarrytown. Active listings typically number 10-15 at any given time. Burnet Road changed everything. Barley Swine, Bufalina Due, Pinthouse Pizza, Yard Bar, and Phil's Icehouse turned this stretch into one of Austin's best dining corridors. Beverly S. Sheffield Northwest Pool (Austin's first Olympic-sized public pool, opened 1956) anchors summer life. Shoal Creek bisects the neighborhood with a trail connecting south to downtown and north to Anderson Lane. What makes Allandale the value play in Central Austin: lot sizes that rival Tarrytown at half the price, a dining corridor that rivals South Congress, and a commute that's shorter than most suburbs. The tradeoff is Austin ISD (good but not Eanes) and mid-century homes that may need updating.
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