NOT LISTED FOR SALE

5406 Downs Dr Unit 1 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $668,000

4 Beds
3.5 Baths
2,210 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 27, 2024

Current estimated payment $4,404/month

156 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • No HOA
  • Open Floorplan
  • Private Yard
  • Porch

About This Home

As of June 2024

Nestled in East Austin, central to many hidden gem hot spots in Austin, this 4-bedroom, 3.5-bath home offers charm and efficiency. The home showcases an open-concept design with abundant windows, flooding the home with natural light. The kitchen is the heart of the home, with a large island equipped to prep your favorite meals. Retreat to the primary suite with a tree-house feel, complete with a free-standing shower, double vanity sink, and walk-in closet. Additional amenities include an expansive third story (second) living area and bedroom suite and smart home technology throughout, complete with a builder's warranty. Just a stone's throw from a picnic at Springdale Neighborhood Park, Kinda Tropical, Sahara Lounge, Palomino Coffee, BLK Vinyl, Eastside Paddle Club, metgal art + advisory, and all of the cool spots at Springdale General. With easy access to downtown Austin, the University of Texas, and Highway 183, this home offers the epitome of modern Austin living!!!

Last Agent to Sell the Property

Ben Caballero

HomesUSA.com Brokerage Phone: (888) 872-6006 License #0096651 Listed on: 01/09/2024

Last Buyer's Agent

Devin Dang

eXp Realty, LLC License #0776380

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Rain Sensor Irrigation System
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard
  • Property is in excellent condition

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,210 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Washer and Electric Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Home Security System
  • Smart Home
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • SIMS Elementary School
  • Bertha Sadler Means Middle School
  • Lyndon B Johnson High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5406 Downs Condominiums Association
  • Built by Homebound
  • Truman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02112203260000

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Additional Parcels: No
  • Direction Faces: Southwest
  • Directions: IH 35, East on MLK, Rt @ Heflin, Rt @ Webberville, Lft @ Downs
  • Disclosures: None
  • Fencing: Privacy, Wood
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Three Or More
  • Living Area: 2210
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (888) 872-6006
  • Attribution Contact: (888) 872-6006
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 0.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 216.45
  • Current Price By Living Ar: 298.64
  • "Current Price By Original ": 0.89
  • List Price Lot Size Square: 228.58
  • List Price By Living Area: 315.38
  • List Price By Original Lis: 0.94
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Ceiling Fan(s), Double Vanity, Electric Dryer Hookup, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Home, Smart Thermostat, Walk-In Closet(s), Washer Hookup
  • View: None
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Gas Oven, Gas Oven, Free-Standing Range, Free-Standing Gas Range, RNGHD, Vented Exhaust Fan, Tankless Water Heater
  • Property Condition: New Construction, Excellent
  • Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: Builder
  • Laundry Location: Laundry Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Builder Name: Homebound
  • Foundation: Slab
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached, Door-Single, Garage, Garage Faces Front
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

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

Association/Amenities

  • Association Name: 5406 Downs Condominiums
  • Association: No
  • Community Features: None

Schools

  • Elementary School: Sims
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Bertha Sadler Means
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinkler - In Rear, Sprinkler - In Front, Sprinkler - Rain Sensor
  • Parcel Number: 02112203260000
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Subdivision Name: Truman Heights

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: Yes

Tax Info

  • Tax Year: 2022
  • Tax Rate: 2.22000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Zarate Ann C and Pittman Ann
Bought by
Zarate Ann C
Current Estimated Value
$668,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,948
Interest Rate
3.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 27, 2006
Sold by
Lohr Gil and Gilboa Michelle
Bought by
Pittman Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,437
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2006
Sold by
Wells Fargo Bank Na
Bought by
Lohr Gil and Gilboa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,480
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Wells Fargo Bank Na and Merrill Lynch Mortgage Investors Trust M

Purchase Details

Closed on
Feb 17, 2004
Sold by
Montgomery Charles
Bought by
Mckinley Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zarate Ann C -- None Available
Pittman Ann -- Fidelity National Title
Lohr Gil -- Alamo Title Company
Wells Fargo Bank Na -- --
Mortgage Electronic Registration Systems $62,444 --
Mckinley Monica -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarate Ann C $200,000
Closed Pittman Ann $101,437
Previous Owner Lohr Gil $39,480
Previous Owner Mckinley Monica $58,000
Closed Mckinley Monica $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold -- -- --
06/06/2024 06/06/24 Price Changed $697,000 -1.0% $315 / Sq Ft
05/24/2024 05/24/24 Price Changed $704,000 -1.0% $319 / Sq Ft
05/09/2024 05/09/24 Price Changed $711,000 -1.0% $322 / Sq Ft
04/18/2024 04/18/24 Price Changed $718,000 -1.0% $325 / Sq Ft
03/21/2024 03/21/24 Price Changed $725,000 -1.1% $328 / Sq Ft
02/14/2024 02/14/24 Price Changed $733,000 -0.9% $332 / Sq Ft
01/09/2024 01/09/24 For Sale $740,000 -- $335 / Sq Ft
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
2023 $10,852 $599,812 $300,000 $299,812
2022 $9,814 $496,925 $300,000 $196,925
2021 $7,622 $350,152 $175,000 $175,152
2020 $5,258 $245,148 $175,000 $70,148
2018 $4,812 $217,368 $175,000 $102,676
2017 $4,407 $197,607 $140,000 $113,585
2016 $4,006 $179,643 $75,000 $125,011
2015 $3,172 $163,312 $75,000 $106,637
2014 $3,172 $148,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8575258

Unlock MLS (Austin Board of REALTORS®)

APN: 202937