$649,900
5 bd · 5 ba · 2,314 sqft
5408 Downs DR, Austin, TX 78721
5408 Downs DR, Austin, TX 78721 is a 5-bedroom, 5-bathroom single family residence listed at $649,900 ($281/sqft). 2,314 sqft. Built in 2006. MLS #3911675. Listed by Jorgenson Real Estate.
Property Overview
This dual-residence property on Downs Drive in Austin's Truman Heights presents a rare flexibility uncommon in the local market. The primary two-story home showcases three bedrooms, 2.5 bathrooms, and an open floor plan anchored by granite countertops and hard surface flooring throughout. Meanwhile, the detached secondary residence operates as a completely independent living space with two bedrooms, two bathrooms, its own kitchen, and private entrance, creating distinct opportunities for multi-generational living or income-generating rental arrangements. Together they offer five bedrooms and five bathrooms across 2,314 square feet on a spacious 6,229-square-foot lot, all priced at $281 per square foot.
The property's strategic design caters to modern living configurations that appeal to both owner-occupants and savvy investors. Whether structured as a personal compound, a live-in-and-rent scenario, or a dual investment opportunity, the layout maximizes flexibility and income potential. Move-in ready with no carpet throughout, the well-maintained finishes require minimal updates, allowing buyers to activate their vision immediately.
Vox Residential Insight
What makes 5408 Downs Drive particularly compelling is the split-sale option, which opens doors for buyers with different financial profiles and intentions—something the Truman Heights market rarely accommodates with this level of sophistication. Vox Residential sees this property as ideal for builders, developers, or families seeking long-term appreciation with built-in diversification on a single lot.
Agent Description
Two independent residences on a single lot in Truman Heights, can be purchased together or separately. The primary two-story home features 3 bedrooms, 2.5 bathrooms, an open floor plan with granite countertops, and hard surface flooring throughout. The detached secondary residence includes 2 bedrooms and 2 bathrooms, complete with its own kitchen, private entrance, and independent living space. Ideal for a multi-generational compound, a "live-in-and-rent" setup, or a dual-stream investment. Totaling 5 bedrooms and 4.5 bathrooms, this property is move-in ready with no carpet. Contact the listing agent for individual pricing and split-sale details.
Property Details
| Property Type | Single Family Residence |
| Year Built | 2006 |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Living Area | 2,314 sqft |
| Lot Size | 6,229.08 sqft |
| Price per Sqft | $281 |
| Listed | Apr 6, 2026 |
| MLS # | 3911675 |
| Listed By | Jorgenson Real Estate |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 5408 Downs DR, Austin, TX 78721?
This property is listed at $649,900, which is $281 per square foot.
How many bedrooms and bathrooms does 5408 Downs DR, Austin, TX 78721 have?
This home has 5 bedrooms and 5 bathrooms, with 2,314 square feet of living space.
When was 5408 Downs DR, Austin, TX 78721 built?
This property was built in 2006, making it 20 years old.
How long has 5408 Downs DR, Austin, TX 78721 been on the market?
This listing has been on the market for 78 days.
What type of property is 5408 Downs DR, Austin, TX 78721?
This is a Single Family Residence on a 6,229.08 sqft lot.