$570,000
SOLD FEB 28, 2025
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

Recently Sold

$519 Per Sq Ft

111 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • High Ceiling
  • City Lights View
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of February 2025

Discover 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 facade 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

Soud Twal

Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 787-8617 License #0716728 Listed on: 09/19/2024

Kuper Sotheby's Int'l Realty

Last Buyer's Agent

Melody Rodela

KW-Austin Portfolio Real Estate License #0731638

KW-Austin Portfolio Real Estate

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,189

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2024
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Take US-183 S to Tannehill Ln, Take Webberville Rd to Downs Dr
  • Disclosures: None
  • Fencing: Back Yard, Fenced, Front Yard
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 1099
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 787-8617
  • Attribution Contact: (512) 787-8617
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7486.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 47.45
  • Current Price By Living Ar: 477.71
  • "Current Price By Original ": 0.75
  • List Price Lot Size Square: 51.52
  • List Price By Living Area: 518.65
  • List Price By Original Lis: 0.82
  • Restrictions: Zoning
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry
  • Special Features: 4098

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Double Vanity, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Smart Home, Smart Thermostat
  • View: City Lights, Neighborhood
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Property Condition: New Construction, Excellent
  • Security Features: See Remarks
  • Window Features: See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Roof: See Remarks
  • Builder Name: BROWNSTONE CAPITAL INVESTMENTS LLC
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: See Remarks

Association/Amenities

  • Association Name: 5208 Downs Condominums
  • Association: Yes
  • Community Features: See Remarks

Schools

  • Elementary School: Norman-Sims
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Garcia
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02112203430000
  • Lot Size Acres: 0.254
  • Lot Size Sq Ft: 11064.24
  • Subdivision Name: Truman Heights

Building Info

  • Construction Materials: HardiPlank Type, Stucco
  • New Construction: Yes

Tax Info

  • Tax Block: B
  • Tax Year: 2024
  • Tax Annual Amount: 19188.62
  • Tax Filled Sqft Total: 960
  • Tax Rate: 1.80920000000000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5412097

Unlock MLS (Austin Board of REALTORS®)