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8503 Cornwall Dr, Austin, TX, 78748

3beds
2baths
1,231sqft
$499,000
$405price/sqft
$3,869/moest. monthly cost
$154,760/yrincome needed

About This Home

*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.

Getting Around

38
WalkingCar-Dependent
43
TransitSome Transit
50
BikeBikeable

Schools

7/10
Casey Elementary SchoolGrades PK-51.0 mi
2/10
Bedichek Middle SchoolGrades 6-81.3 mi
4/10
Akins High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Composition, Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Range,RNGHD,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Quartz Counters,Kitchen Island,Open Floorplan,Recessed Lighting,Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,231 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04271704440000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Patio
  • Exterior features: Private Yard
  • Fencing: Back Yard, Wood
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None

Lot

  • Lot size: 7,191 sqft
  • Features: Back Yard,Curbs,Front Yard,Trees-Large (Over 40 Ft),Trees-Medium (20 Ft - 40 Ft)

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$234$2,808
Property Taxes $874$10,488
Electricity $238$2,859
Total$3,869$46,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,651/yr
40% on housing$116,070/yr
45% on housing$103,173/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 78748$182
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78748$235
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$550,000
2026-04-16Listed for sale$565,000
2023-03-17Sold--
2023-02-15Contingent$568,000
2023-01-06Price change$568,000
2022-12-01Listed for sale$575,000
2022-08-18Sold--
2022-08-06Contingent$450,000
2022-07-29Price change$450,000
2022-07-25Listed for sale$475,000

For Sale by Agent

AgentBrooke Roeder, Christie's Int'l Real Estate
BrokerageChristie's Int'l Real Estate

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