Market Overview for Zip Code 78729
There are 72 active listings in Zip Code 78729 with a median list price of $425K and a median sold price of $452K.
Homes average 24 days on market.
Over the past 30 days, 12 homes have sold, with 203 sales in the past 12 months.
The average price per square foot is $240.
About Zip Code 78729
Zip code 78729 covers the Anderson Mill and Research Park areas of northwest Austin, centered along the US-183 corridor between McNeil Drive and Parmer Lane. The zip code extends from roughly Pond Springs Road on the south to Parmer Lane on the north, and from the 183A toll road on the west to Metric Boulevard on the east. The area is approximately 15 miles northwest of downtown Austin. Development began in the late 1970s and accelerated through the 1990s as the US-183 technology corridor attracted major employers including Motorola, IBM, and later Apple and Dell. The terrain is relatively flat with scattered creek drainages and moderate tree cover.
Real estate in 78729 consists of established single-family subdivisions, townhome communities, and a significant number of apartment complexes along the 183 frontage road. The Anderson Mill neighborhood, one of the largest, features homes from 1,400 to 2,800 square feet built between 1978 and 1995. Milwood West offers similar vintage homes in the 1,200 to 2,400 square foot range. Home prices typically range from $375K for smaller older homes to $600K for updated four-bedroom properties. The median home price across 78729 is approximately $475K. Townhomes and condos are available from $250K to $375K, making the area one of the more affordable entry points in northwest Austin.
Students in 78729 primarily attend Round Rock ISD schools. Elementary campuses serving the area include Anderson Mill Elementary, Westwood Terrace Elementary, and Jollyville Elementary. Middle school students feed into Canyon Vista Middle School, which has approximately 1,000 students and strong academic programs. High school students attend Westwood High School, one of the top-ranked public high schools in Texas with about 2,800 students and a National Merit Scholar rate consistently among the highest in the Austin area. Some addresses feed into McNeil High School.
The US-183 corridor provides primary transportation through 78729, connecting south to MoPac and north to Cedar Park and Leander via the 183A toll road. Research Boulevard, the 183 frontage road, is a major commercial strip with office parks, retail centers, and restaurants. The Arboretum shopping center at 360 and Research is about 10 minutes south. Lakeline Mall in Cedar Park is approximately 10 minutes north. The Austin MetroRail Red Line has a station at Lakeline, providing commuter rail access to downtown Austin. Parmer Lane runs along the northern boundary connecting to I-35 and the technology campuses of Apple, Samsung, and other employers.
Living in Zip Code 78729
Residents of 78729 are a diverse mix of technology professionals and long-term homeowners. Median household income is approximately $90,000. Anderson Mill and Milwood attracted many new residents during the tech boom of the 1990s and 2000s, and the strong reputation of Westwood High School continues to drive demand. The area also has a significant population of renters in apartment complexes along the 183 corridor.
Daily life in 78729 revolves around the Research Boulevard commercial corridor and neighborhood amenities. H-E-B on Research Boulevard and another on Parmer Lane serve as primary grocery stops. The Lakeline area, about 10 minutes north, has Lakeline Mall, Costco, and additional retail. Anderson Mill has a community pool, park, and greenbelt trails along Brushy Creek. The 183 frontage road has a dense concentration of restaurants representing cuisines from Indian and Chinese to Ethiopian and Tex-Mex, with notable spots including Asia Cafe and Tarka Indian Kitchen. The Brushy Creek Regional Trail provides a paved multi-use path for cycling and running that extends from Cedar Park through the northwest Austin greenbelts for over 10 miles.
Frequently Asked Questions
What school district is 78729 in?
78729 is primarily served by Round Rock ISD. Most students feed into Westwood High School, one of the top-ranked public high schools in Texas with a high National Merit Scholar rate.
What is the median home price in 78729?
The median home price in 78729 is approximately $475K. Prices range from $375K for smaller older homes to $600K for updated four-bedroom properties. Townhomes start around $250K.
How far is 78729 from downtown Austin?
78729 is approximately 15 miles northwest of downtown Austin. Commute times run 20 to 35 minutes via US-183 or MoPac, depending on traffic. The MetroRail Red Line at Lakeline station offers commuter rail access.
Is 78729 a good area for tech workers?
78729 sits in the center of the northwest Austin technology corridor. Apple, Dell, National Instruments, and numerous other tech employers are within a 10 to 15 minute drive along the Parmer Lane and Research Boulevard corridors.
What dining options are near 78729?
Research Boulevard along the 183 frontage road has one of Austin's most diverse restaurant corridors, with Indian, Chinese, Korean, Ethiopian, and Tex-Mex options. Asia Cafe and Tarka Indian Kitchen are popular spots.
