Market Overview for Zip Code 78727
There are 76 active listings in Zip Code 78727 with a median list price of $449K and a median sold price of $468K.
Homes average 38 days on market.
Over the past 30 days, 18 homes have sold, with 224 sales in the past 12 months.
The average price per square foot is $275.
About Zip Code 78727
Zip code 78727 covers a section of north-central Austin that includes the neighborhoods of Scofield Farms, Milwood, Angus Valley, and portions of the Duval Road corridor. The area is bounded roughly by Parmer Lane to the north, MoPac Expressway (Loop 1) to the west, US-183 to the east, and Braker Lane to the south. This zip code sits approximately 12 miles north of downtown Austin and occupies relatively flat terrain compared to the hillier areas to the west. The area developed primarily during the 1980s and 1990s as Austin's technology sector expanded northward along the MoPac and US-183 corridors.
Real estate in 78727 is dominated by single-family homes in established subdivisions, with a mix of townhomes and condominiums along the major corridors. Milwood, one of the oldest neighborhoods, was built in the early 1980s and features homes ranging from 1,200 to 2,200 square feet on lots of 0.12 to 0.25 acres. Scofield Farms, developed in the 1990s, offers larger homes from 1,800 to 3,500 square feet. Home prices across the zip code typically range from $350K for smaller Milwood homes to $650K or more for updated four-bedroom homes in Scofield. The median home price sits near $475K. Multi-family properties including apartments and duplexes are concentrated along Parmer Lane and the 183 frontage road.
Students in 78727 primarily attend Round Rock ISD schools. Elementary campuses include Scofield Farms Elementary, Jollyville Elementary, and Pond Springs Elementary. Middle school students feed into Deerpark Middle School or Canyon Vista Middle School. High school students attend McNeil High School, which has an enrollment of approximately 2,400 and offers a comprehensive AP curriculum and Career and Technical Education pathways. Some addresses in the southern portion of the zip code fall within Austin ISD boundaries and may attend different campuses.
The central location of 78727 provides relatively short commutes in multiple directions. MoPac and US-183 both run through or adjacent to the zip code, and Parmer Lane connects east-west across north Austin. The Domain mixed-use development is about 5 minutes south on MoPac, offering retail, dining, and office space. Downtown Austin is 15 to 25 minutes south via MoPac. The Apple campus on Parmer Lane and the IBM facility on Burnet Road are both within or adjacent to the zip code, along with numerous other technology employers in the Parmer Lane and Research Boulevard corridors.
Living in Zip Code 78727
Residents of 78727 include a broad mix of young professionals, families, and long-term homeowners who purchased during the original buildout of Milwood and Scofield in the 1980s and 1990s. Median household income is approximately $95,000. The area has a notably diverse population, with significant Asian, Hispanic, and white communities represented across the neighborhoods. Many residents work in the technology sector at companies within a short drive, and the area's central north Austin location keeps commute times manageable in most directions.
Daily life in 78727 benefits from proximity to the Parmer Lane commercial corridor, which has H-E-B, Target, Home Depot, and numerous restaurants. The Domain, a major mixed-use development with Apple's Austin offices, Nordstrom, and dozens of restaurants, is about 5 minutes south. Scofield Farms has a community pool, playground, and walking trails. Walnut Creek Metropolitan Park, on the eastern edge of the zip code, offers 293 acres of mountain biking and hiking trails, a disc golf course, and a swimming pool. The Korean and Vietnamese restaurant scene along Parmer Lane and North Lamar is one of the most concentrated in the Austin metro, with spots like Korea House and Pho Phong Luu drawing diners from across the city.
Things to Do in Zip Code 78727
- Walnut Creek Metropolitan Park: 293-acre city park with over 15 miles of mountain biking trails, hiking paths, a disc golf course, and a public swimming pool.
- The Domain: Open-air mixed-use development about 5 minutes south with Nordstrom, Apple Store, dozens of restaurants, and live music venues.
- Korean and Vietnamese Dining on Parmer: Concentrated stretch of Asian restaurants along Parmer Lane and North Lamar, including Korea House, Pho Phong Luu, and H Mart grocery.
- Scofield Farms Community Pool: Neighborhood pool and recreation area open to Scofield Farms residents during summer months, with a playground and picnic areas.
- Brushy Creek Regional Trail: Multi-use hike and bike trail starting from nearby Cedar Park and extending through north Austin greenbelts for over 10 miles.
Major Employers in Zip Code 78727
- Apple (Technology): Apple's Austin campus on Parmer Lane, adjacent to 78727, employs over 7,000 people across engineering and operations roles.
- IBM (Technology): IBM's Burnet Road facility on the southern edge of the zip code has been an Austin employer since the 1960s.
- Dell Technologies (Technology): Dell's Round Rock headquarters is about 10 minutes north, employing over 13,000 in the metro area.
- Amazon (Technology): Amazon has multiple office locations in the Domain area, about 5 minutes south, employing several thousand.
- Round Rock ISD (Education): One of the largest employers in the region with over 8,000 staff across its campuses and facilities.
Zip Code 78727 Schools
78727 is primarily served by Round Rock ISD, with some southern addresses in Austin ISD. McNeil High School is the main high school feeder.
School District: Austin ISD / Round Rock ISD
Public Schools
Austin Independent School District
- Summitt Elementary
- Davis Elementary
- Murchison Middle
Round Rock Independent School District
- Wells Branch Elementary
- Jollyville Elementary
- Kathy Caraway Elementary
- Canyon Vista Middle
- Deerpark Middle
- Westwood High School
- McNeil High School
Pflugerville Independent School District
- Parmer Lane Elementary
- Northwest Elementary
- Westview Middle
- John B Connally High School
Pre-Schools
- Primrose School of North Austin - Accredited private preschool near Parmer Lane serving infants through pre-K.
- Children's Courtyard Parmer - Licensed childcare center on Parmer Lane with infant through school-age programs.
Private Schools
- Redeemer Lutheran School - Pre-K through 8th grade on Duval Road, approximately 5 minutes south of the zip code center.
- Summit Christian Academy - Pre-K through 12th grade in Leander, approximately 20 minutes northwest.
Frequently Asked Questions
What school district is 78727 in?
78727 is primarily served by Round Rock ISD, with most students feeding into McNeil High School. Some addresses in the southern portion may fall within Austin ISD boundaries.
What is the median home price in 78727?
The median home price in 78727 is approximately $475K. Prices range from about $350K for smaller Milwood homes to $650K or more for updated homes in Scofield Farms.
How far is 78727 from downtown Austin?
78727 is about 12 miles north of downtown Austin. Commute times run 15 to 25 minutes via MoPac, depending on traffic conditions and time of day.
Is 78727 near the Domain?
The Domain is about 5 minutes south of 78727 via MoPac. It offers major retail, dining, entertainment, and office space including Apple's Austin campus.
What parks are in 78727?
Walnut Creek Metropolitan Park is the largest park in the area with 293 acres of trails and a pool. Scofield Farms also has a community pool and greenbelts. Brushy Creek Regional Trail is accessible nearby.