Centre-back Arsenio Halfhuid had given the Villa youngsters a 2-1 lead after Town had opened the scoring.
Netherlands born Halfhuid played in an emergency striking role for the majority of the game and he made a great impression on Academy coach Tony McAndrew, with a double strike.
Villa looked set for another well earned win in the Barclays Premier Academy League but were denied by a 93rd minute leveller.
However, the result means that the young Villans maintain their fine unbeaten start to the new campaign.