Last list price
5208 Downs Dr Unit 2 Austin, TX 78721
East MLK Neighborhood
2
Beds
2.5
Baths
1,099
Sq Ft
0.25
Acres
Highlights
- New Construction
- Open Floorplan
- High Ceiling
- City Lights View
- Wood Flooring
- Stainless Steel Appliances
About This Home
As of February 2025Discover a home where modern elegance meets architectural brilliance at 5208 Downs Drive Unit 2. Designed by the acclaimed BrownStone Capital Investments and Studio BrownStone in partnership with Pavonetti Architecture, this home offers a unique opportunity to experience luxurious urban living in one of Austin's most rapidly developing neighborhoods. With no HOA dues and no restrictions on short-term rentals, this residence is as versatile as it is captivating. From the moment you approach, the home’s striking curb appeal immediately draws you in. Perfectly positioned at the front left side of the lot, it stands out with its modern façade and custom metal slat one-car carport. The sleek exterior design is just a prelude to what awaits inside—an oasis of modern luxury and comfort spread over 1,099 square feet. As you step inside, you’re greeted by a light-filled, open floor plan that blends seamlessly with the sleek, minimalist aesthetic. Every inch of this two-bedroom, 2.5-bathroom home is crafted with precision and attention to detail. The state-of-the-art kitchen is a chef’s dream, with premium finishes including stainless steel appliances, a spacious island, and designer fixtures that combine beauty with function. The adjoining living and dining areas are designed for effortless entertaining, bathed in natural light from the oversized windows overlooking the private front and back yards. Upstairs, the primary suite is a haven of tranquility, featuring a spa-inspired bathroom complete with dual vanities, frameless glass shower, and designer tile. The second bedroom, equally luxurious, offers versatility and style with its bathroom and large closet space. Whether you're searching for a primary residence, a second home, or a high-return investment property, 5208 Downs Drive Unit 2 offers it all. With no HOA fees and the freedom of unrestricted short-term rentals, this is an opportunity not to be missed.
Last Agent to Sell the Property
Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 787-8617 License #0716728 Listed on: 09/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,189
Year Built
- Built in 2024 | New Construction
Lot Details
- South Facing Home
- Back and Front Yard Fenced
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- City Lights
- Neighborhood
Home Design
- Slab Foundation
- HardiePlank Type
- Stucco
Interior Spaces
- 1,099 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Double Vanity
Home Security
- Smart Home
- Smart Thermostat
Outdoor Features
- Patio
Schools
- Norman-Sims Elementary School
- Garcia Middle School
- Lyndon B Johnson High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- Property has a Home Owners Association
- 5208 Downs Condominums Association
- Built by BROWNSTONE CAPITAL INVESTMENTS LLC
- Truman Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 02112203430000
- Tax Block B
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Feb 27, 2025
Sold by
Brownstone Capital Investments Llc
Bought by
Harris Cecily Gwyn and Daniels Andrew Eilliot
Seller's Agent
Soud Twal
Kuper Sotheby's Int'l Realty
Buyer's Agent
Melody Rodela
KW-Austin Portfolio Real Estate
List Price
$699,000
Sold Price
$525,000
Premium/Discount to List
-$174,000
-24.89%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,752
Avg. Annual Appreciation
651.09%
Original Mortgage
$420,000
Outstanding Balance
$418,622
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$644,665
Purchase Details
Closed on
May 21, 2012
Sold by
Exp Marketing Group Inc
Bought by
Snedegar Ryan
Purchase Details
Closed on
Apr 4, 2012
Sold by
Wells Fargo Bank Na
Bought by
Exp Marketing Group Inc
Purchase Details
Closed on
Jan 3, 2012
Sold by
Hodge Tiffany Andraina
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Aug 30, 1999
Sold by
Joiner Christine and Joiner Bonnis
Bought by
Hodge Tiffany Andraina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 17, 1994
Sold by
Hodge Roosevelt
Bought by
Hodge Fannie Lee
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Texas National Title | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | Lsi Title Agency Inc | |
| Trustee Deed | $44,053 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Previous Owner | $920,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $3,478 | Unknown | |
| Previous Owner | $35,900 | Credit Line Revolving | |
| Previous Owner | $27,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | -- | -- | -- |
| 01/02/2025 01/02/25 | Price Changed | $570,000 | -0.9% | $519 / Sq Ft |
| 11/20/2024 11/20/24 | Price Changed | $575,000 | -4.0% | $523 / Sq Ft |
| 10/25/2024 10/25/24 | Price Changed | $599,000 | -7.8% | $545 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $649,950 | -7.0% | $591 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $699,000 | -- | $636 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $21,019 | $413,753 | $330,000 | $83,753 |
| 2022 | $4,432 | $224,433 | $0 | $0 |
| 2021 | $4,441 | $204,030 | $192,500 | $73,332 |
| 2020 | $3,978 | $185,482 | $192,500 | $32,622 |
| 2018 | $3,394 | $153,291 | $192,500 | $42,671 |
| 2017 | $3,108 | $139,355 | $154,000 | $47,051 |
| 2016 | $2,825 | $126,686 | $82,500 | $53,455 |
| 2015 | $2,492 | $115,169 | $82,500 | $39,256 |
| 2014 | $2,492 | $104,699 | $66,000 | $38,699 |
Source: Public Records
Agents Affiliated with this Home
-
Soud Twal
Seller's Agent in 2025
Soud Twal
Kuper Sotheby's Int'l Realty
(512) 787-8617
13 in this area
93 Total Sales
-
Melody Rodela
Buyer's Agent in 2025
Melody Rodela
KW-Austin Portfolio Real Estate
(512) 925-2881
2 in this area
19 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5412097
APN: 202958
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