$389,000
OPEN SAT 1PM - 3PM NEW CONSTRUCTION $36K PRICE DROP

5408 Downs Dr Unit 2 Austin, TX 78721

East MLK Neighborhood

Estimated payment $2,584/month

Total Views 1,680
2 Beds
2 Baths
920 Sq Ft
$423 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

Coldwell Banker Realty

Open House Schedule

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: 3

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
  • ResoLivingAreaSource: Owner
  • 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

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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
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®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9632990

Unlock MLS (Austin Board of REALTORS®)

APN: 983507