Active Listing  ·  15 days on market

8406 Cockney Dr

Austin, TX 78748
$349,900
2 Bed 1 Bath 920 sqft $380/sqft Built 1983 0.14 acres 1-Car Garage Pool Buckingham Estates Ph 3 Sec 3

Featuring a contemporary interior, this 2-bedroom bungalow pairs its updated design with the original home’s character. At the end of a cul-de-sac in a quiet South Austin neighborhood, the residence features a vaulted ceiling that complements the marble-tiled wood-burning fireplace, with a cozy living room that opens to the dining area. The wide-planked oak flooring turns into the white oak-washed kitchen with alabaster quartz countertops. This uniformity continues into the expansive, storage-laden bathroom and opens to a full niche, ceiling-high tiled shower. With generous dimensions and a walk-in closet, the primary bedroom offers great natural light and tranquil backyard views. A fresh landscape welcomes you into the home, with xeriscape features and backyard trees that provide shade on bright days. Step outside to your patio and fully fenced backyard when you want to enjoy the outdoors.

At $380/sqft, this home is 3% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8406 Cockney Dr, Austin, TX 78748

Property Details

Price $349,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 920 sqft
Lot Size 0.14 acres (5,911.09 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buckingham Estates Ph 3 Sec 3
County Travis
Zip Code 78748
$/sqft $380/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,815.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249278357
List Date October 9, 2026
Elementary School Casey
Middle School Covington
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 9, 2026 $359,900
Current ask $349,900
▼ Reduced $10,000 (-2.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
8611 United Kingdom Dr
Buckingham Estates Ph Iii Sec
$349,900 $392 2 bd / 1 ba 892 sqft , 2026-10-09
7106 Moat Cv
Buckingham Estates Ph 2 Sec 2
$348,900 $318 3 bd / 2 ba 1,096 sqft , 2026-06-04
7802 Elderberry Dr
Beaconridge V
$369,000 $330 3 bd / 2 ba 1,117 sqft , 2026-05-27
707 Great Britain Blvd
Buckingham Estates Ph III Sec
$330,000 $283 3 bd / 2 ba 1,166 sqft , 2025-10-17
7505 Wynne Ln #2
Talia Sub
$399,000 $401 2 bd / 3 ba 995 sqft , 2026-08-29

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 October 22, 2026.

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