5406 DOWNS DRIVE #2, AUSTIN, TX 78721
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Homes for sale in 78721.
5406 Downs Drive #2
Austin, TX 78721
List Price$440,000
Listing #9762752
About This Property
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 Features
Location Information
County
Travis
Subdivision
5406 Downs Drive Condos Bldg 1
County
Travis
Directions
IH 35, East on MLK, Right on Heflin, Right on Webberville, Left on Downs
Area
5
Interior Features
Interior
Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Home, Smart Thermostat
Floors
Tile, Wood
Full Baths
1
Laundry
Laundry Room, Washer Hookup, Electric Dryer Hookup
1/2 Baths
1
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Range, Disposal, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Heating
Central
Accessibility
None
Exterior Features
Style
HardiPlank Type
Parking Description
Attached, Door-Single, Garage Faces Front, Garage
Stories
2
Garage Spaces
1
Is New Construction
No
Fencing
Privacy, Wood
Construction/Exterior
HardiPlank Type
Lot Size in Acres
0.066
Exterior
Private Yard
Waterfront Description
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
School
Elementary School District
Austin ISD
Middle School
Martin
Elementary School
Norman-Sims
High School
Lyndon B Johnson (Austin ISD)
Additional Information
Roof/Attic
Composition
APN
02112203260000
Other Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Status
Active
Association Name
5406 Downs Condominiums
HOA Frequency
Monthly
Property Type
SFR
HOA Includes
See Remarks
Property SubType
Single Family Residence
Documents Available
None
Year Built
2023
Square Feet Source
Builder
Similar Listings
Mortgage Calculator
$2,053
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,585
Monthly Tax
$366
Monthly Insurance
$102
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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