5408 Downs Dr #1 and 2, Austin, TX 78721
Local realty services provided by:ERA Colonial Real Estate
Listed by:bianca stubler
Office:compass re texas, llc.
MLS#:8196416
Source:ACTRIS
Price summary
- Price:$800,000
- Price per sq. ft.:$345.72
About this home
Incredible East Austin opportunity with two distinct homes on one lot, being sold together but separately condoed for future flexibility.
The front house (Unit 1) is a recently updated 3-bed, 2.5-bath home featuring fresh interior paint, updated flooring, and a private backyard ideal for relaxing or entertaining.
The rear home (Unit 2), built in 2025, offers 2 bedrooms and 2 full baths with a bright, open floor plan, vaulted ceilings, quartz countertops, stainless steel appliances, wood-look laminate flooring, and energy-efficient features throughout, including individual digital thermostats, modern HVAC, and high-performance insulation.
Each unit lives independently, making this an ideal setup for multigenerational living, a guest house, or an income-producing short- or long-term rental. Located in a vibrant and fast-growing East Austin neighborhood just minutes from Mueller, Norman-Sims Elementary, local parks, restaurants, and shopping—with easy access to downtown Austin in under 15 minutes. With no HOA fees and endless versatility, this property is a rare find for both investors and owner-occupants alike.
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Home facts
- Year built:2006
- Listing ID #:8196416
- Updated:October 04, 2025 at 12:42 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:2,314 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:2006
- Building area:2,314 sq. ft.
Schools
- High school:Lyndon B Johnson (Austin ISD)
- Elementary school:Norman-Sims
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$345.72
- Tax amount:$14,043 (2025)
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