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3 bed, 2 bath, 1,194 sqft on 0.23 acres in Allandale. Austin, TX 78757. Last listed at $574,999, sold May 15, 2026. Austin ISD.
About This Home
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.
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.
School District: Austin ISD
View Allandale neighborhood guide- Property Type
- Residential
- Year Built
- 1969
- Lot Size
- 0.23 acres
- Price / Sq Ft
- $482
- Garage
- 2 spaces
Listing information last updated May 26, 2026.
Listed by Engel & Volkers Austin
MLS# 6934707 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling-High
- No Interior Steps
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Free-Standing Range
- Refrigerator
- Washer
- Water Heater
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Garden
- Gutters Full
- Private Yard
- Masonry – Partial
- Stone Veneer
- Level
- Trees-Medium (20 Ft - 40 Ft)
- Fenced
- Privacy
- Slab
- Patio
- Roof
- Composition
- Lot Size
- 0.23 Acres
- Attached
- Garage Spaces
- 2
- Creek
Financial
- Original List Price
- $585,000
- Price per Sq Ft
- $482
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 8500 Millway DR, whoever represented it.
- SoldMay 15, 2026Listed at: $585,000MLS 6934707
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $574,999
- Original list
- $585,000
- Price movement
- $10K reduction
- Listed / DOM
- Mar 6, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $492,047
- Assessment Year
- 2025
- Year Built
- 1969
- Parcel ID
- 000000248574
| 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 Schools
Anderson
Burnet
Pillow
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($115K)
Adjustable assumption - not a lending recommendation.
Home price
$574,999
Loan details
Luxury property intelligence
Keenan Market Position
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
-39.6%
$952.5K · Allandale neighborhood guide · reference price
Days on market
Not available
Original to current
$10K reduction
$585K original
Active inventory context
16 listings
Price Position in Allandale
Listed 40% below the Allandale neighborhood guide reference price. Allandale neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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Allandale Neighborhood Guide
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78757 ZIP Guide
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