Active Listing  ·  20 days on market

8405 Cockney Dr

Austin, TX 78748
$359,999
3 Bed 2 Bath 1,300 sqft $277/sqft Built 1983 0.52 acres Pool Buckingham Estates Ph 3 Sec 3

Welcome to 8405 Cockney Drive, a freshly remodeled South Austin home situated on a rare, over half-acre lot. Offering approximately 1,300 square feet with three bedrooms and two bathrooms, the home features fresh updates, a clean interior and a comfortable, functional layout.

The property sides to a peaceful open area and includes an expansive backyard that backs to a creek leading toward Dittmar Recreation Center, creating an exceptional sense of space and privacy.

With its updated interior, oversized lot, open-area setting and creekside backdrop, this property offers a rare combination of room, privacy and convenience near South Austin shopping, dining, recreation and major roadways.

At $277/sqft, this home is 29% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8405 Cockney Dr, Austin, TX 78748

Property Details

Price $359,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,300 sqft
Lot Size 0.52 acres (22,476.96 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Buckingham Estates Ph 3 Sec 3
County Travis
Zip Code 78748
$/sqft $277/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,495
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241736021
List Date August 4, 2026
Elementary School Casey
Middle School Bedichek
High School Akins
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
7106 Moat Cv
Buckingham Estates Ph 2 Sec 2
$365,000 $333 3 bd / 2 ba 1,096 sqft , 2026-06-04
9125 Vigen Cir
Park Ridge
$365,000 $254 3 bd / 3 ba 1,436 sqft , 2026-08-18
704 Buckingham Pl
Buckingham Estates Sec 01
$350,000 $226 3 bd / 2 ba 1,552 sqft , 2026-03-31
8829 Francia Trl
Park Ridge
$349,000 $280 3 bd / 2 ba 1,247 sqft , 2026-07-02
9309 Sweetgum Dr
SAGE MEADOW
$349,000 $245 3 bd / 3 ba 1,422 sqft , 2026-07-23

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,728/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$72,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 10, 2026.

📞 (254) 718-2567 [email protected] More about Luke →