NOT LISTED FOR SALE

5308 Downs Dr Unit 1 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $354,000 - $432,000

2 Beds
2.5 Baths
847 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 31, 2017

Current estimated payment $2,817/month

Highlights

  • Mature Trees
  • Wood Flooring
  • 1 Car Attached Garage
  • Vaulted Ceiling
  • Granite Countertops
  • Walk-In Closet

About This Home

As of March 2019

5308 Downs Dr is located in a quiet neighborhood between East Austin and Mueller. A cozy 2 Bedroom 2.5 Bathroom, this unit is brand new with modern interiors, smart home technology, and new furniture. Along with brand new appliances, this home features a Nest thermostat and security system. Within walking distance to local favorites like the Sahara Lounge, Springdale Park Neighborhood, and just a short distance from Hwy 183.

Last Agent to Rent the Property

Steve Johnson

Realty Pros of Austin License #0544980 Listed on: 02/04/2019

Last Renter's Agent

Ben Doherty

Sunroom Rentals Texas, LLC License #0698333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,415

Year Built

  • Built in 2016

Lot Details

  • 6,316 Sq Ft Lot
  • Wood Fence
  • Lot Sloped Down
  • Mature Trees
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 847 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Recessed Lighting
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Schools

  • Norman-Sims Elementary School
  • Lyndon B Johnson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Truman Heights Subdivision
  • Property managed by Austin Manage LLC

Listing and Financial Details

  • Security Deposit $1,800
  • Tenant pays for all utilities
  • Negotiable Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 02112213020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,415

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Furnished: Partially
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK, All
  • Available Date: 2019-04-01
  • App Deposit Payable To: Austin Manage
  • App Fee Payable To: Austin Manage
  • Application Fee: 75
  • Application Policy: First Qualified Application
  • Application Required: See Online App,TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Additional Pet Fee: 200
  • Pet Deposit: 200
  • Max Lease Months: 24
  • Online App Instructions: www.austinmanage.com/vacancies
  • Online App Instructions Public: www.austinmanage.com/vacancies

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Building Area Total: 847
  • Year Built: 2016
  • Directions: Take 12th, or MLK East to Springdale, right on Springdale. Left on Webberville Rd, then Right onto Downs Dr.
  • Disclosures: See Remarks
  • Fencing: Fenced, Wood
  • Garage Spaces: 1
  • Lease Term: Negotiable
  • Levels: Two
  • Living Area: 847
  • Special Listing Conditions: Standard
  • FEMA Flood Plain: No
  • Restrictions: None
  • Unit Style: 1st Floor Entry
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Vaulted Ceiling(s), Recessed Lighting, Walk-In Closet(s), Granite Counters
  • View: None
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Garage
  • Appliances Maintained: Dishwasher,Dryer,Microwave Oven,Range/Oven/Stove,Refrigerator,Washer

Beds/Baths

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

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Sewer: See Remarks
  • Utilities: Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: See Remarks

Association/Amenities

  • Association: Yes
  • Community Features: None

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Austin Manage LLC

Schools

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

Lot Info

  • Lot Features: Sloped Down, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02112213020000
  • Lot Size Acres: 0.145
  • Lot Size Sq Ft: 6316.2
  • Subdivision Name: Truman Heights
  • Crops: None

Building Info

  • Construction Materials: HardiPlank Type

Multi Family

  • Management Co Phone: (512) 382-7097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Hammad Aziz
Bought by
Downsn 5308 Series A Protected Series Within
Current Estimated Value
$402,167

Purchase Details

Listed on
Nov 19, 2016
Closed on
May 31, 2017
Sold by
Meilinboss Investments Llc
Bought by
Hammad Aziz
Seller's Agent
Tiffany Avila
Central Metro Realty
Buyer's Agent
Non Member
Non Member
List Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$193,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Downsn 5308 Series A Protected Series Within -- None Listed On Document
Downs N 5308 Series A Protected Series Winthi -- None Listed On Document
Hammad Aziz -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammad Aziz $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2019 03/11/19 Rented $1,800 0.0% --
03/04/2019 03/04/19 Under Contract -- -- --
02/04/2019 02/04/19 For Rent $1,800 0.0% --
05/31/2017 05/31/17 Sold -- -- -- View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
04/13/2017 04/13/17 Price Changed $275,000 -1.8% $325 / Sq Ft
04/12/2017 04/12/17 For Sale $279,900 0.0% $330 / Sq Ft
04/12/2017 04/12/17 Off Market -- -- --
04/11/2017 04/11/17 For Sale $279,900 0.0% $330 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $279,900 0.0% $330 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/14/2017 02/14/17 Price Changed $279,900 -2.1% $330 / Sq Ft
01/25/2017 01/25/17 Price Changed $285,900 -1.4% $338 / Sq Ft
11/19/2016 11/19/16 For Sale $289,900 -- $342 / Sq Ft
11/15/2016 11/15/16 Off Market -- -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2025 $8,415 $366,939 $112,500 $254,439
2023 $8,624 $476,661 $150,000 $326,661
2022 $8,498 $430,302 $150,000 $280,302
2021 $6,949 $319,252 $87,500 $231,752
2020 $6,589 $307,200 $87,500 $219,700
2018 $5,933 $268,000 $87,500 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8570244

Unlock MLS (Austin Board of REALTORS®)

APN: 891004