$375,000
NEW CONSTRUCTION $50K PRICE DROP

5408 Downs Dr Unit 2 Austin, TX 78721

East MLK Neighborhood

Estimated payment $2,508/month

Total Views 2,295
2 Beds
2 Baths
920 Sq Ft
$408 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Granite Countertops
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Private Yard

About This Home

Major market position improvement! Experience modern living in this brand-new 2025 construction—a stylish 2-bedroom, 2-bathroom home designed for comfort and efficiency. The open floor plan, vaulted ceilings, and abundant natural light create a bright and spacious feel. The kitchen boasts granite countertops, stainless steel appliances, and ample storage, while wood laminate flooring adds a sleek touch. Washer/dryer hookups provide everyday convenience. Built with energy efficiency in mind, this home features a modern A/C ventilation system, digital thermostats in each room, and high-quality insulation for year-round comfort. There is no HOA involved. Step outside to a private backyard, perfect for relaxation. Ideally located just minutes from Norman-Sims Elementary School and the airport, with downtown Austin only 15 minutes away. Motivated seller—bring your offers!

Listing Agent

Carter Lepisto

Coldwell Banker Realty Brokerage Phone: (360) 798-0069 License #0815903 Listed on: 03/06/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Southwest Facing Home
  • Wood Fence
  • Private Yard

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Storage Room
  • Laminate Flooring
  • Neighborhood Views
  • Smart Thermostat

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 1 Parking Space
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Schools

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

Utilities

  • Heating Available
  • Natural Gas Connected
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by Small House Solutions
  • Truman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02112238030000
  • Tax Block Block B

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,951

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2025
  • Additional Parcels: No
  • Direction Faces: Southwest
  • Directions: From I-35 go east on MLK, turn right on Heflin, right on Webberville and left on Downs
  • Disclosures: Seller Provided Survey Available, See Remarks
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 920
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (360) 798-0069
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 2475.71
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Two Primary Baths, Breakfast Bar, Vaulted Ceiling(s), Granite Counters, High Speed Internet, Open Floorplan, Storage, Walk-In Closet(s)
  • View: Neighborhood
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 1
  • Property Condition: New Construction
  • Window Features: Insulated Windows
  • Laundry Location: Upper Level
  • Num Dining: 0
  • Num Living: 1
  • Num Other Level Beds: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Builder Name: Small House Solutions
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Water Source: Public
  • Cooling: ENERGY STAR Qualified Equipment

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02112238030000
  • Lot Size Acres: 0.0778
  • Lot Size Sq Ft: 3388.97
  • Subdivision Name: Truman Heights

Building Info

  • Construction Materials: Frame, Cement Siding
  • New Construction: Yes

Tax Info

  • Tax Block: Block B
  • Tax Year: 2024
  • Tax Annual Amount: 4951.42
  • Tax Map Number: Lot 45
  • Tax Filled Sqft Total: 920
  • Tax Rate: 1.98180000000000

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 -- $249,843 $121,500 $128,343
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $375,000 -3.6% $408 / Sq Ft
04/03/2025 04/03/25 Price Changed $389,000 -2.5% $423 / Sq Ft
03/24/2025 03/24/25 Price Changed $399,000 -3.9% $434 / Sq Ft
03/14/2025 03/14/25 Price Changed $415,000 -2.4% $451 / Sq Ft
03/06/2025 03/06/25 For Sale $425,000 -- $462 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Similar Homes in Austin, TX

  • 2124 E 6th St Unit 417, Austin, TX 78702

    $399,000

    • 1 Bed
    • 1 Bath
    • 876 Sq Ft
    • 2124 E 6th St
    • Unit 417
    • Austin, TX

    Looking for a top floor retreat with stunning skyline views? This 876 sq ft condo at 2124 E 6th St #417 delivers East Austin living at its finest. Being on the top floor means no upstairs neighbors and maximum privacy, while your private patio offers breathtaking views of the Austin skyline—perfect for morning coffee or evening drinks under the twinkling city lights.Inside, floor-to-ceiling

    James Williams The Stiles Agency

    Section Image
  • 2220 Webberville Rd Unit 402, Austin, TX 78702

    $359,000

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • 2220 Webberville Rd
    • Unit 402
    • Austin, TX

    Special Financing Options Available - Please Inquire! Discover urban living at its finest in this stylish top-floor 1-bedroom, 1-bathroom condo at Axiom Condos, located on vibrant Webberville Rd in the heart of Austin’s coveted 78702. Just steps from local favorites like Kitty Cohen’s, Latch Key, and the dynamic scene of East 6th Street, you'll be perfectly positioned to enjoy the city’s best

    Adelina Rotar Keller Williams Realty

    Section Image
  • 1200 E 52nd St Unit 108A, Austin, TX 78723

    $284,700

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • 1200 E 52nd St
    • Unit 108A
    • Austin, TX

    ~*Welcome to Unit #108 @ 52 Mueller*~ - A boutique 40-unit development in the heart of the Mueller action and culinary scene. Thewhole development is centered around awesome communal amphitheater. Great for neighborhood potlucks or morningyoga! This lovely unit is a 2-bedroom, 1 full bath, 725 SQFT with a large, attached private courtyard! Wood-like tile floors throughout the unit living spaces

    Adelina Rotar Keller Williams Realty

    Section Image
  • 913 Duncan Ln Unit 103, Austin, TX 78705

    $365,000

    • 1 Bed
    • 1 Bath
    • 701 Sq Ft
    • 913 Duncan Ln
    • Unit 103
    • Austin, TX

    Currently leased at $2,500/month through August. An excellent opportunity for investors or future owner-occupants alike! This unit comes fully furnished! Located in the heart of central Austin, this modern 3-story condo is move-in ready in a fantastic location. Minutes to Downtown Austin & UT, plus tons of shopping, dining & entertainment in the highly desirable Hancock neighborhood. Built in

    Vincent Wright Vincent Wright Real Estate

    Section Image
  • 909 Vargas Rd Unit B, Austin, TX 78741

    $424,000

    • 3 Beds
    • 2.5 Baths
    • 1,875 Sq Ft
    • 909 Vargas Rd
    • Unit B
    • Austin, TX

    Discover this stunning, modern three-story home in East Austin, offering 3 bedrooms and 2.5 baths within 1,875 sq. ft. The main level features an open-concept living area with plenty of natural light, a sleek kitchen complete with stainless steel appliances, quartz countertops, and shaker-style cabinetry, plus a convenient half bath and carport equipped with an EV charger. A spacious primary

    Cody Julian Compass RE Texas, LLC

    Section Image
  • 611 E 45th St Unit 13, Austin, TX 78751

    $315,000

    • 1 Bed
    • 1.5 Baths
    • 820 Sq Ft
    • 611 E 45th St
    • Unit 13
    • Austin, TX

    This bright and stylish 1-bedroom, 1.5-bath condo offers the perfect blend of comfort and convenience in the heart of Austin. The open-concept living space is filled with natural light, featuring high ceilings, a cozy fireplace, and a loft-style bedroom with an ensuite bath. The kitchen offers ample counter space, sleek cabinetry, and a seamless flow into the dining and living areas.Enjoy the

    Adam Baker Compass RE Texas, LLC

    Section Image
  • 800 Embassy Dr Unit 421, Austin, TX 78702

    $389,000

    • 1 Bed
    • 1 Bath
    • 755 Sq Ft
    • 800 Embassy Dr
    • Unit 421
    • Austin, TX

    Experience downtown living at its finest in this stunning 1BR, 1BA condo at The Tyndall! Offering 755 sq. ft. of well designed space, this unit boasts beautiful finish-outs including Silestone countertops, stainless steel appliances, a custom tile backsplash, sleek modern cabinetry, and natural oak engineered wood floors. The expansive floor-to-ceiling windows flood the space with natural light,

    Jonny Wells eXp Realty, LLC

    Section Image
  • 1214 Vargas Rd Unit B, Austin, TX 78741

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,243 Sq Ft
    • 1214 Vargas Rd
    • Unit B
    • Austin, TX

    Incredible Investment Opportunity in East Austin! Welcome to 1214 Vargas Rd—a lightly updated duplex offering two spacious 3-bedroom, 2-bath units, each with a private entrance, one-car garage, and oversized fenced backyard. Both sides feature vaulted ceilings, vinyl plank floors, granite counters, modern tilework in the bathrooms, stainless steel appliances, fresh paint, and open-concept living

    Connor James LoKation Real Estate, LLC

    Section Image
  • 1214 Vargas Rd Unit A, Austin, TX 78741

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1214 Vargas Rd
    • Unit A
    • Austin, TX

    Incredible Investment Opportunity in East Austin! Welcome to 1214 Vargas Rd—a lightly updated duplex offering two spacious 3-bedroom, 2-bath units, each with a private entrance, one-car garage, and oversized fenced backyard. Both sides feature vaulted ceilings, vinyl plank floors, granite counters, modern tilework in the bathrooms, stainless steel appliances, fresh paint, and open-concept living

    Connor James LoKation Real Estate, LLC

    Section Image

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9632990

Unlock MLS (Austin Board of REALTORS®)

APN: 983507