$440,000

Property Overview

This 2023-built residence at 5406 Downs Drive showcases the modern efficiency and thoughtful design that defines Austin's newest construction. Positioned in the heart of Austin, the home sits minutes from downtown, UT, and Lady Bird Lake, offering immediate access to the city's cultural and recreational pulse. The open-concept layout flows seamlessly across 1,021 square feet, anchored by warm wood flooring and abundant natural light that emphasizes the residence's contemporary appeal. A chef-inspired kitchen anchors the living space with quartz countering and a substantial island, while the private outdoor area extends the entertaining footprint with a direct connection from the main living room.

The primary suite delivers an elevated retreat with soaring vaulted ceilings and an expansive closet system, while a second bedroom and bath accommodate guests or flexible living needs. Distinctive details throughout—including a skylight shower and integrated smart home automation from Homebound—elevate the everyday experience. At $431 per square foot on a 2,874-square-foot lot, this property presents compelling value for Austin buyers seeking new construction in an accessible location, and its proven track record as a successful Airbnb venture underscores its rental appeal for investors seeking short-term income potential.

Agent Description

Perfectly positioned in the heart of Austin, this home offers easy access to the city's vibrant core, placing you just minutes from downtown, UT, and Lady Bird Lake. Step inside to discover a sleek, modern space defined by rich wood floors and an open-concept floorplan filled with natural light from abundant windows. The living room opens to a private outdoor living space, creating a seamless connection for indoor-outdoor entertaining. Unique touches, like a private skylight shower, serve to highlight the home's high-end finishes. At the center of it all is a chef-inspired kitchen featuring sleek quartz counters and a large island, perfect for culinary creation and entertaining. The primary suite is a true retreat, featuring soaring vaulted ceilings and an oversized closet with abundant storage. Built by Homebound, this residence also includes smart home automation for added convenience. Currently operating as a successful Airbnb, the property generated approximately $18,900 in rental income over the past 12 months (March 2025–February 2026) and is offered fully turnkey, including all furnishings, access to the current property manager, and the transfer of any future booked reservations. Your vibrant East Austin lifestyle extends just beyond your doorstep, where you can enjoy a picnic at Springdale Neighborhood Park, grab a coffee at Palomino Coffee, soak in the local music scene at the legendary Sahara Lounge, or enjoy a scenic walk or bike ride along the iconic Ann & Roy Butler Hike and Bike Trail. This stunning East Austin property is ready to be called home. Don't miss your chance.

Property Details

Listing data last updated: May 19, 2026

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