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$387,000

NAL Estimated Property Value

8506 Cornwall Dr, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,017 Sq Ft
price_per_sqft$480.83 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Gas Water Heater, Microwave, Stainless Steel Appliances
FlooringCarpet Free, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7,697 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN04271703130000
Lot Number32
SubdivisionBuckingham Estates Phs Iii Sec 2-A
Land UseResidential
Legal DescriptionLOT 32 BLK F BUCKINGHAM ESTATES PHS III SEC 2-A
Census Tract002423
Assessed Land Value$230,490
Assessed Improvement Value$147,499
Assessment Year2025

About this property

Freshly remodeled 1-story beauty in highly sought after 78748. This home lives larger than 1,017 sq ft, with well designed spaces, tons of natural light, and flawless finishes and fixtures. In 2020, the roof was replaced with 30 year shingles and fascia trim along with all new siding and house wrap. In addition to the roof and siding, all windows were replaced in 2020 as well. Luxury vinyl plank flooring stretches throughout the house, bringing warmth to the lightly toned, neutral colored walls. Additional improvements in 2020 include updated interior doors and door trim, Kichler led lighting and fans, water heater, updated electrical plugs throughout, and added insulation in the attic. The kitchen was completely remodeled in 2020 with beautiful designer detailing. Updated granite countertops are paired with updated cabinetry, stainless appliances including a gas range, built-in microwave, and dishwasher (never used), an updated disposal, farmhouse sink, and new tile backsplash (2022). There is a sense of peace that flows throughout the large primary bedroom, allowing you sleep soundlessly each night. The ensuite bath has been completely updated with a new vanity, bathtub, toilets, and new fixtures. Each of the 2 guest bedrooms feature vinyl plank flooring, modern ceiling fans, and ample sized closets. The guest bath was also fully updated with a new vanity, shower with a new pan, floor to ceiling tile, and soap niche, and toilet. The beautiful backyard features a freshly landscaped yard, back patio, mature trees and a fire pit area. Updated fence (right side) and updated gate (front left side) + New AC unit condenser and air handler (2022). Ideally located to enjoy everything the city has to offer; 6 mins from Southpark Meadows and I35, 12 mins to Mopac, and only 20 mins to DT Austin.

Investor Tools

Property Icon
$387,000
Estimated Property Value
$426,950Estimated Mortgage Balance
$387,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,186
$377,989
2025
$230,490
$147,499
$377,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,186
$377,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$459,000
No
First
Jun 13, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,950
N/A
0%
110%
$2,752/mo

City: Austin

8506 Cornwall Dr | Property Details | No Agent List