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5208 Downs DR Unit #2
Austin, TX, 78721
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$570,000
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2 bed, 2 bath, 1,099 sqft on 0.25 acres in Truman Heights. Austin, TX 78721. $570,000. Austin ISD.
Discover a home where modern elegance meets architectural brilliance at 5208 Downs Drive Unit 2. Designed by the acclaimed BrownStone Capital Investments and Studio BrownStone in partnership with Pavonetti Architecture, this home offers a unique opportunity to experience luxurious urban living in one of Austin's most rapidly developing neighborhoods. With no HOA dues and no restrictions on short-term rentals, this residence is as versatile as it is captivating. From the moment you approach, the home’s striking curb appeal immediately draws you in. Perfectly positioned at the front left side of the lot, it stands out with its modern façade and custom metal slat one-car carport. The sleek exterior design is just a prelude to what awaits inside—an oasis of modern luxury and comfort spread over 1,099 square feet. As you step inside, you’re greeted by a light-filled, open floor plan that blends seamlessly with the sleek, minimalist aesthetic. Every inch of this two-bedroom, 2.5-bathroom home is crafted with precision and attention to detail. The state-of-the-art kitchen is a chef’s dream, with premium finishes including stainless steel appliances, a spacious island, and designer fixtures that combine beauty with function. The adjoining living and dining areas are designed for effortless entertaining, bathed in natural light from the oversized windows overlooking the private front and back yards. Upstairs, the primary suite is a haven of tranquility, featuring a spa-inspired bathroom complete with dual vanities, frameless glass shower, and designer tile. The second bedroom, equally luxurious, offers versatility and style with its bathroom and large closet space. Whether you're searching for a primary residence, a second home, or a high-return investment property, 5208 Downs Drive Unit 2 offers it all. With no HOA fees and the freedom of unrestricted short-term rentals, this is an opportunity not to be missed.
Verified property facts
5208 Downs DR Unit #2 is listed at $570,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,099 square feet, 0.25-acre lot. This places it above the ZIP 78721 single-family closed-sale median price of $437,500 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
5208 Downs DR Unit #2 is zoned for Austin ISD with assigned schools: Norman-Sims (4/10) (elementary), Garcia (10/10) (middle), Lyndon B Johnson (Austin ISD) (high). School assignments should be verified directly with the district.
5208 Downs DR Unit #2 is a Residential built in 2024 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,099 square feet, 0.25-acre lot.
5208 Downs DR Unit #2 is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 5208 Downs DR Unit #2, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $479,091 | $103,500 | — |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($114K)
Adjustable assumption - not a lending recommendation.
$570,000
Luxury property intelligence
A sourced read on Truman Heights pricing, timing, and property scale. No automated valuation claim.
List price
$570,000
Price per sqft
$519/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$129K reduction
$699K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 5208 Downs DR Unit #2 is $19,189. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 5208 Downs DR Unit #2. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5208 Downs DR Unit #2 is offered at $570,000. The current MLS snapshot shows 61 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$570,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $479,091 | $103,500 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 1708 Perez ST Unit #B | $515K |
| 1111 Estes Ave Unit #B | $350K |
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