See Home Value
Austin 78727 Milwood
12508 Terra Nova LN
$540,000
● House - Off Market

12508 Terra Nova LN

Austin, TX 78727
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,110 Ft²
$3,427
Est. Monthly
3.60%
Cap Rate

About This Property

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.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$256
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

Last updated: 10 months ago (Unlock MLS #ACT1141810)

Price History

Date / Event Date Event Price
Dec 2, 2025 In contract -
In contract
Oct 30, 2025 Price Decreased $540,000
↓ $9K (1.6%)
Price Decreased
Oct 3, 2025 Price Decreased $549,000
↓ $10K (1.8%)
Price Decreased
Aug 27, 2025 Price Decreased $559,000
↓ $16K (2.8%)
Price Decreased
Jun 4, 2025 Listed by eXp Realty, LLC $575,000
Listed by eXp Realty, LLC
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,184
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,530
  • Gross Building Area: 2,718
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILWOOD SEC 10
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 28 BLK U MILWOOD SEC 10

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 041300

Geography

  • Assessors Map Reference: 0266080728
  • Account Number: 270377
  • Parcel: 270377
  • Block: U
  • Lot: 28
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.4263
  • Longitude: -97.7201

    Address

  • Full Address: 12508 Terra Nova Ln
  • Address - House Number: 12508
  • Address - Street Name: Terra Nova
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Austin
  • Carrier Code: C077
  • 4-Digit Zip Code: 5108
  • Zip Code: 78727

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $666,180
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2657
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 609,919
  • High Value: 772,004
  • Low Value: 447,834

    Market Valuation

  • Market Total Value: $640,490
  • Market Land Value: $150,000
  • Market Improvement Value: $490,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,880

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35784
  • Previous Sale Recording Date: Apr 10, 2020
  • Previous Sale Contract Date: Apr 09, 2020
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Milwood


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Frequently Asked Questions

When was property at 12508 Terra Nova Lane built and last sold?
The property at 12508 Terra Nova Lane was built in 1984 and last sold on Mar 31, 2023 for $601,160.
How much is this home worth?
The estimated value of the home located at 12508 Terra Nova Lane is $0.
What are some comparable homes to 12508 Terra Nova Lane?
There are currently no comparable homes to 12508 Terra Nova Lane.