5408 DOWNS DRIVE, AUSTIN, TX 78721
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Homes for sale in 78721.
5408 Downs Drive
Austin, TX 78721
List Price$800,000
Listing #8196416
About This Property
A versatile East Austin gem with a 3-bed, 2.5 bath main house and 2-bed, 2-bath guest house, this property is perfect for multigenerational living, rental income, or a hybrid investment. The main house features an open-concept floor plan filled with natural light. Built in 2006 and recently refreshed with interior paint and updated flooring, the main home includes a spacious kitchen with bar seating, stainless steel appliances, and stylish backsplash and fixtures. Upstairs, the primary suite offers a walk-in closet and ensuite bath, while two generously sized secondary bedrooms share a full bath off the hallway. The private backyard is fully fenced and separate from the guest house, ideal for entertaining or relaxing. Completed in 2025, the detached 2-bed, 2-bath guest house/casita provides exceptional flexibility. The main level features an open living area, a modern kitchen with quartz countertops and stainless steel appliances, a full bath, and a bedroom perfect for guests or a home office. Upstairs, a private primary suite offers a walk-in closet and an ensuite bath with a double vanity. Each home lives completely independently, making this a standout opportunity for short- or long-term rental income or extended family living. Ideally located in a dynamic, fast-growing pocket of East Austin, just minutes from Mueller, Norman-Sims Elementary, local parks, shopping, and dining, and with quick access to downtown Austin in under 15 minutes. With no HOA and unmatched functionality, this is a rare find for investors and homeowners alike.
Property Features
Location Information
County
Travis
Subdivision
Truman Heights
County
Travis
Directions
From I-35 go east on MLK, turn right on Heflin, right on Webberville and left on Downs
Area
5
Interior Features
Interior
Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
Floors
Laminate
Primary Bedroom On Main
Yes
Laundry
Upper Level, Washer Hookup, Electric Dryer Hookup
Full Baths
4
Disabled Features
None
1/2 Baths
1
Appliances
Dishwasher, Free-Standing Gas Range, Gas Range, Microwave, Oven, Range, Range Hood, Stainless Steel Appliance(s)
Number of Fireplaces
0
Accessibility
None
Heating
Electric
Exterior Features
Style
Frame, Vinyl Siding
Water
Public
Stories
2
Parking Description
Driveway
Is New Construction
No
Garage Spaces
0
Construction/Exterior
Frame, Vinyl Siding
Fencing
Back Yard, Fenced, Wood
Exterior
Private Yard
Lot Size in Acres
0.078
Foundation
Slab
Waterfront Description
None
Possession
Closing & Funding
Has Waterfront
No
Water / Sewer
Public Sewer
View
Neighborhood
School
Elementary School District
Austin ISD
Middle School
Kealing
Elementary School
Norman-Sims
High School
Lyndon B Johnson (Austin ISD)
Additional Information
Roof/Attic
Composition
APN
02112238020000
Other Utilities
Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Water Connected
Status
Active
Property Type
SFR
Documents Available
Building Plans, Survey
Property SubType
Single Family Residence
Square Feet Source
See Remarks
Year Built
2006
Similar Listings
Mortgage Calculator
$3,734
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,882
Monthly Tax
$666
Monthly Insurance
$186
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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