Date
Details
Price
Change
Source
3/10/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$440,000
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Property Description
Perfectly positioned in the heart of Austin, this home offers easy access to the city's vibrant core, placing you just minutes from downtown, UT, and Lady Bird Lake. Step inside to discover a sleek, modern space defined by rich wood floors and an open-concept floorplan filled with natural light from abundant windows. The living room opens to a private outdoor living space, creating a seamless connection for indoor-outdoor entertaining. Unique touches, like a private skylight shower, serve to highlight the home's high-end finishes. At the center of it all is a chef-inspired kitchen featuring sleek quartz counters and a large island, perfect for culinary creation and entertaining. The primary suite is a true retreat, featuring soaring vaulted ceilings and an oversized closet with abundant storage. Built by Homebound, this residence also includes smart home automation for added convenience. Currently operating as a successful Airbnb, the property generated approximately $18,900 in rental income over the past 12 months (March 2025-February 2026) and is offered fully turnkey, including all furnishings, access to the current property manager, and the transfer of any future booked reservations. Your vibrant East Austin lifestyle extends just beyond your doorstep, where you can enjoy a picnic at Springdale Neighborhood Park, grab a coffee at Palomino Coffee, soak in the local music scene at the legendary Sahara Lounge, or enjoy a scenic walk or bike ride along the iconic Ann & Roy Butler Hike and Bike Trail. This stunning East Austin property is ready to be called home. Don't miss your chance.
Full Property Details
Full Property Details for 5406 Downs Dr #2
General
- Price: $440,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9762752
- Updated: 3/27/2026
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Home, Smart Thermostat
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Range, Disposal, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Attached, Door-Single, Garage Faces Front, Garage
Location
- Area: 5
- County: Travis
- Subdivision: 5406 Downs Drive Condos Bldg 1
- Driving Directions: IH 35, East on MLK, Right on Heflin, Right on Webberville, Left on Downs
- Direction Faces: Southwest
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Norman-Sims
- Middle School: Martin
- High School: Lyndon B Johnson (Austin ISD)
Community
- Assoc. Name: 5406 Downs Condominiums
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: Homebound
- Construction: HardiPlank Type
- Roof: Composition
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows
- Stories/Levels: 2
- Square Feet: 1,021
- Sq. Ft. Source: Builder
- Living Area: 1,021 Sq. Ft.
- Year Built: 2023
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.066
- Lot Size (Sq. Ft.): 2,874.96
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Sprinkler - Rain Sensor
- Fencing (Description): Privacy, Wood
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assessment Amount: $407,261
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNIT 2, 5406 Downs Drive Condominiums, A CONDOMINIUM PROJECT IN TRAVIS COUNTY, TEXAS,
- Disclosures/Reports: Seller Disclosure
- Property ID: 2112203260000
- Lot Number: 44
Listed by Keller Williams Realty
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— 5406 Downs Dr #2 —
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Schools
Schools serving 5406 Downs Dr #2
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Norman Elementary School 4001 Tannehill Lane, Austin, TX 78721 | PK-5 | 0.3 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 3.6 mi |
Lbj High School 7309 Lazy Creek Drive, Austin, TX 78724 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5406 Downs Dr #2
Tax History
Tax History for 5406 Downs Dr #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$407,261
-11%
2024
—
$456,341
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5406 Downs Dr #2
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 6Total Baths
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
5406 Downs Drive #2, Austin, TX 78721 (MLS# 9762752) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5406 Downs Drive #2 is currently listed for $440,000 and was received on March 10, 2026. Want to learn more about 5406 Downs Drive #2? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.