Active Listing  ·  6 days on market

7201 Boniface Ln

Austin, TX 78729
$575,000
5 Bed 4 Bath 2,602 sqft $221/sqft Built 1986 0.17 acres Pool Milwood Sec 27A

INCENTIVE: 1% LENDER CREDIT TOWARD BUYER RATE BUYDOWN/CLOSING COSTS! This 5-bedroom Milwood home offers a newer ROOF (2024), NO HOA, an oversized 8’ x 20’ WORKSHOP with electrical, ideal for a music studio, art studio, woodworking, or hobby space, and an incredibly private backyard POOL and spa oasis designed for both relaxation and everyday living. One of the standout features is the detached backyard cottage and retreat, 144 sq. Ft., providing a quiet, separate space ideal for working from home, guests, or creative use, like a mother-in-law suite. The backyard continues to impress with a pool, large patio, garden areas, mature trees, a low-maintenance pond, greenhouse, artificial turf lawn, Wi-Fi-enabled watering system, and shaded outdoor areas offering welcome protection from the Austin sun. The property features 23 varieties of plants, including a wide selection of fruit trees such as Fuji, Gala Golden and Early Pink Lady apples, Smooth Texas One and Snow Queen nectarines, Ruby Red Grapefruit, figs, and pomegranates, plus trumpet vine and more! A 7+ ft. cedar privacy fence (2025) further enhances the secluded setting. Bike Shed: 6' x 8', left side of home. Inside, the kitchen features marble countertops along with a Samsung Bespoke Smart refrigerator (2024), dishwasher, and oven (2026). Additional highlights include a tankless water heater for endless hot showers, a reverse osmosis system in the upstairs guest bathroom, and AT&T Fiber. The home also features TWO PRIMARY SUITES! Tax records reflect a smaller square footage than the home’s actual size. Enjoy walking access to 13 acres of recreation along scenic Rattan Creek, with greenbelt areas, parks, courts, and a community pool nearby. Strategically located within approximately 5 miles of the Apple campus, H-E-B, Whole Foods, Trader Joe’s, The Domain, and The Arboretum, this Milwood location offers exceptional access to some of Northwest Austin’s best shopping, dining, employers, and everyday conveniences.

At $221/sqft, this home is 44% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7201 Boniface Ln, Austin, TX 78729

Property Details

Price $575,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,602 sqft
Lot Size 0.17 acres (7,562.02 sqft)
Year Built 1986
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 27A
County Williamson
Zip Code 78729
$/sqft $221/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,787.22
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248155172
List Date October 2, 2026
Elementary School Jollyville
Middle School Deerpark
High School McNeil
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
13212 HUMPHREY Dr
MILWOOD 38B
$565,000 $229 4 bd / 2 ba 2,468 sqft , 2026-07-04
7516 Windrush Dr
Milwood
$549,000 $190 4 bd / 3 ba 2,884 sqft , 2026-06-25
12600 Oro Valley Cv
Milwood
$549,000 $222 4 bd / 3 ba 2,472 sqft , 2026-09-17
6700 Shiner St
Milwood Sec 23
$500,000 $207 4 bd / 3 ba 2,419 sqft , 2026-09-18
12901 Partridge Bend Dr
Hunters Chase Sec 07 Amd Pt Amd
$499,000 $205 4 bd / 2 ba 2,436 sqft , 2026-06-26

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,760/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$115,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 7, 2026.

📞 (254) 718-2567 [email protected] More about Luke →