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This property has sold on May 27, 2025. Looking for something similar? Contact us or browse available homes.
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The work is done - it's time for fun! Beautifully renovated pool with attached spa and beach deck. Recent composition roof and gutters (July 2024). This single-family mid-century classic which sits in an amazing neighborhood on a low-traveled, tree lined street has 3 bedrooms and 2 bathrooms. The kitchen opens to a family room with vaulted ceilings and wood burning fireplace. There is an oversized 2-car attached garage also off the kitchen for easy grocery unloading. The floors throughout are beautiful wood and scored concrete. (The kitchen counter is concrete as well.) The backyard oasis is extremely private and has a large, covered patio that can accommodate a sizable summer pool party. Both recently renovated bathrooms were gutted to the studs and are NICE! This North-central Austin home is ideally located approximately 7 miles from downtown, less than 10 minutes to the Domain, Q2 stadium, AND the Arboretum. Easily walkable to many restaurants and amenities on Anderson Lane. Pillow elementary is also very close by.
Property Type
Residential
Year Built
1969
Lot Size
0.19 acres
$/Sq Ft
$503
Listed by Graham Central Properties
Verified property facts
8501 Millway Dr is listed at $659,500 with 3 bedrooms, 2 full bathrooms, 1,310 square feet, 0.19-acre lot.
8501 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.
8501 Millway Dr is in Allandale, Austin, Texas. See the full [Allandale neighborhood guide](/neighborhoods/allandale-austin) for market data, schools, and lifestyle details.
8501 Millway Dr is a Residential built in 1969 featuring 3 bedrooms, 2 full bathrooms, 1,310 square feet, 0.19-acre lot.
8501 Millway Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#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
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 |
|---|---|---|---|---|
2025-8.5% | — | $528,748 | — | — |
2024-3.0% | — | $578,008 | $325,000 | $169,701 |
2023+31.7% | — | $595,837 | $325,000 | $253,008 |
2022 | — | $452,300 | $400,000 | $195,837 |
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% ($132K)
$659,500
Luxury property intelligence
A sourced read on Allandale pricing, timing, and property scale. No automated valuation claim.
List price
$659,500
Price per sqft
$503/sqft
Vs. Allandale median
-30.6%
$950K median
Days on market
478 days
Original to current
$10K reduction
$669.5K original
Active inventory context
22 listings
Price Position in Allandale
Listed 31% below the Allandale median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
8501 Millway Dr is priced at $503 per square foot across 1,310 sqft. The Allandale median list price is $950,000.
With 20% down ($131,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8501 Millway Dr is around $4,631 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $659,500, 8501 Millway Dr is in the Allandale market where there are currently 81 active listings in 78757. The Keenan Group has completed 17 transactions in 78757 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Allandale guide](/neighborhoods/allandale-austin).
8501 Millway Dr was built in 1969 (57 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.
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)
7 events on record
Current Price
$669,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.5% | — | $528,748 | — | — |
2024-3.0% | — | $578,008 | $325,000 | $169,701 |
2023+31.7% | — | $595,837 | $325,000 | $253,008 |
2022 | — | $452,300 | $400,000 | $195,837 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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