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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
*Ask about 0% Down with *NO* PMI on a low 30-year fixed rate loan available on this home!* This thoughtfully renovated 3-bedroom, 2-bath home blends clean design with everyday comfort, featuring an open-concept living and kitchen space filled with natural light. Warm wood tones, modern finishes, and custom details, like the statement kitchen island, accent walls, and fun bathroom tiling, create a space that feels both stylish and inviting, while the private primary suite is tucked away from the secondary bedrooms for added separation.
The backyard is set up for easy living and entertaining, with a full-length paver patio (installed in 2023), partial cover, and new ceiling fans and lighting. Mature pecan trees provide great shade, and the new privacy fence (2023) makes it an ideal space for pets, gatherings, or relaxed evenings outside. Custom installed, high end outdoor TV allows for the perfect opportunity to have the game on while grilling and enjoying the backyard space with friends.
Additional updates include a new HVAC (2024), appliances (2023), updated blinds, and improved drainage. Located on a quiet, low-traffic street, this west-facing home enjoys soft morning light and sits just minutes from HEB, Southpark Meadows shops and dining, and quick routes to downtown via South 1st or I-35.
Property Type
Residential
Year Built
1981
Lot Size
0.17 acres
$/Sq Ft
$426
Garage
4 spaces
Listed by Christies Intl Real Estate Lone Star
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
8503 Cornwall DR is listed at $525,000 with 3 bedrooms, 2 full bathrooms, 1,231 square feet, 0.17-acre lot. This places it above the 78748 median of $430,000.
8503 Cornwall DR is zoned for Austin ISD with assigned schools: Casey (elementary), Paredes (middle), Akins (high). School assignments should be verified directly with the district.
8503 Cornwall DR is a Residential built in 1981 featuring 3 bedrooms, 2 full bathrooms, 1,231 square feet, 0.17-acre lot.
8503 Cornwall DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 8503 Cornwall DR is $8,414. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.6% | — | $411,125 | — | — |
2024+3.2% | — | $470,254 | $275,000 | $156,455 |
2023+62.2% | — | $455,656 | $275,000 | $195,254 |
2022+14.9% | — | $280,919 | $275,000 | $180,656 |
2021 | — | $244,388 | $125,000 | $155,919 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($105K)
$525,000
Luxury property intelligence
A sourced read on Buckingham Estates Ph Iii Sec pricing, timing, and property scale. No automated valuation claim.
List price
$525,000
Price per sqft
$426/sqft
Vs. Buckingham Estates Ph Iii Sec median
Not available
Days on market
46 days
Original to current
$40K reduction
$565K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($105,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8503 Cornwall DR is around $3,425 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $525,000, 8503 Cornwall DR is in the Buckingham Estates Ph Iii Sec market where there are currently 118 active listings in 78748. The Keenan Group has completed 24 transactions in 78748 as part of 1,000+ career sales totaling $1B+ across Austin.
8503 Cornwall DR was built in 1981 (45 years ago). Buyers should budget for potential updates to major systems.
8503 Cornwall DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
10 events on record
Current Price
$525,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.6% | — | $411,125 | — | — |
2024+3.2% | — | $470,254 | $275,000 | $156,455 |
2023+62.2% | — | $455,656 | $275,000 | $195,254 |
2022+14.9% | — | $280,919 | $275,000 | $180,656 |
2021 | — | $244,388 | $125,000 | $155,919 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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