Effects of thermoplastic polyurethane (TPU) types (Recycled (R) and Virgin (V)) composites with 15 wt% and 30 wt% oakwood flour addition were studied. Selected physical, mechanical, morphological, and thermal properties of resulting polymer composites were analyzed. Test samples were manufactured using injection molding, except that abrasion resistance specimens were manufactured using a compression molding process. The findings indicated that the types of TPU and filler contents played a significant role in the density and mechanical properties of the TPU test samples. The increased oak wood flour contents in both TPU types showed improvement in density, tensile modulus, hardness, flexural strength flexural modulus, dynamic impact strength, and yield strength of the composite while decreasing the elongation at break values. In addition, both TPU types and filler contents significantly affected the densities of V-TPU and R-TPU. The TPUs type, filler content, and cycle-rpm affected Taber’s abrasion resistance values. Weight loss, which increased with the number of cycles for the control samples, decreased with increasing wood flour content. This study aimed to provide an overview of the effect of the wood flour content in the manufacturing of thermoplastic-reinforced composites and to provide a basis for further research and development efforts.