$545,000
3 bd · 3 ba · 1,580 sqft
5308 Downs Dr #2, Austin, TX 78721
5308 Downs Dr #2, Austin, TX 78721 is a 3-bedroom, 3-bathroom single family residence listed at $545,000 ($345/sqft). 1,580 sqft. Built in 2016. MLS #3625658. Listed by Compass RE Texas, LLC.
Property Overview
This 2016-built home on Downs Drive in East Austin's Truman Heights offers the independence of fee-simple ownership with the modern appeal of a recently constructed residence. The detached three-bedroom, three-bath layout spans 1,580 square feet across two stories, delivering privacy without shared walls—a rare advantage in the neighborhood. Inside, wood and tile flooring complement an open floor plan bathed in natural light, while the kitchen showcases granite countertops, a tile backsplash, stainless steel appliances, and soft-close cabinetry that speaks to thoughtful design. Three full bathrooms, coordinated tile finishes, and a tankless water heater round out the home's practical upgrades.
The property sits on a generous 6,316-square-foot lot with mature trees and a sloped yard that creates distinct outdoor living zones, including a deck perfect for entertaining. Positioned just west-facing, the home enjoys afternoon light while remaining steps from East Austin's thriving restaurant scene, Mueller, and downtown access. At $345 per square foot, this represents solid value for the area's trajectory, offering both move-in readiness and long-term appreciation potential in one of Austin's most dynamic neighborhoods.
Vox Real Estate Insight
The fee-simple structure here is exceptional for East Austin—most properties in this price range carry HOA dues or shared-ownership complications, making this Truman Heights home a refreshing exception that appeals to buyers seeking true ownership and privacy. Vox Real Estate sees the 2016 construction year combined with the current condition as a sweet spot for buyers tired of renovation projects while avoiding the premium attached to brand-new construction.
Agent Description
Welcome to this charming detached single-family home in the heart of East Austin! Built in 2016, this well-maintained, fee-simple home offers the privacy of a standalone residence with no shared walls. The inviting interior features beautiful wood flooring, a spacious kitchen with granite countertops, gorgeous tile backsplash, stainless steel appliances, drawer microwave, soft-close cabinetry, and a Samsung refrigerator. The bathrooms feature coordinating tile and attractive finishes throughout. A stacked washer and dryer are also included. The open floor plan offers comfortable living spaces with plenty of natural light and an easy flow for everyday living and entertaining. Ideally located near East Austin’s popular restaurants, coffee shops, entertainment, Mueller, and Downtown Austin. A wonderful opportunity to own a low-maintenance home in one of Austin’s most vibrant and desirable areas.
Property Details
| Property Type | Single Family Residence |
| Year Built | 2016 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 1,580 sqft |
| Lot Size | 6,316 sqft |
| Price / Sqft | $345 |
| Stories | Two |
| Condition | Resale |
| Subdivision | Truman Heights |
| County | Travis |
| MLS Area | 5 |
| Listed | Aug 27, 2026 |
| MLS # | 3625658 |
| Listed By | Compass RE Texas, LLC |
| Contact | (512) 751-3022 |
Interior
| Flooring | Carpet, Tile, Wood |
| Appliances | Dishwasher, Disposal, Microwave, Free-Standing Range, Self Cleaning Oven, Tankless Water Heater |
| Interior Features | Breakfast Bar, Ceiling-High, Ceiling-Vaulted, Interior Steps, Recessed Lighting |
| Laundry | In Hall, Upper Level |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Available, Natural Gas Available |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | HardiPlank Type |
| Roof | Composition |
| Foundation | Slab |
| Exterior Features | Private Yard |
| Patio & Porch | Deck |
| Lot Features | Public Maintained Road, Sloped Down, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft) |
| Faces | West |
Parking
| Parking Spaces | 1 |
| Garage Spaces | 1 |
| Covered Spaces | 1 |
| Parking Features | Attached |
Community & HOA
| HOA | No |
| Security | Smoke Detector(s) |
Assigned Schools
| Elementary | Norman-Sims |
| Middle | Martin |
| High | Lyndon B Johnson (Austin ISD) |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Assessed Value | $586,200 |
| Parcel # | 5308 DOWNS DR 2, TX 78721 |
| Legal Description | Owner ID: % Ownership: Exemptions: 891005 0211221303 R UNT 2 5308 DOWNS CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 5308 Downs Dr #2, Austin, TX 78721?
This property is listed at $545,000, which is $345 per square foot.
How many bedrooms and bathrooms does 5308 Downs Dr #2, Austin, TX 78721 have?
This home has 3 bedrooms and 3 bathrooms, with 1,580 square feet of living space.
When was 5308 Downs Dr #2, Austin, TX 78721 built?
This property was built in 2016, making it 10 years old.
How long has 5308 Downs Dr #2, Austin, TX 78721 been on the market?
This listing has been on the market for 1 day. This is a recent listing.
What type of property is 5308 Downs Dr #2, Austin, TX 78721?
This is a Single Family Residence on a 6,316.2 sqft lot.