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Keenan Group#1 Austin Board of Realtors Team 2024
5408 Downs DR, photo 1 of 37, Austin, Austin, TX
Active Under Contract
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$599,900

5Beds
4.5Baths
2,314Sq Ft
0.14 acresLot
Active Under Contract

5408 Downs Dr, Austin, TX 78721

Reduced 17%$725,000
Austin·MLS# 3911675·Built 2006

5 bed, 4 bath, 2,314 sqft on 0.14 acres in Austin. Austin, TX 78721. $599,900. Austin ISD.

About This Home

Two independent residences on a single lot in Truman Heights, can be purchased together or separately. The primary two-story home features 3 bedrooms, 2.5 bathrooms, an open floor plan with granite countertops, and hard surface flooring throughout. The detached secondary residence includes 2 bedrooms and 2 bathrooms, complete with its own kitchen, private entrance, and independent living space. Ideal for a multi-generational compound, a "live-in-and-rent" setup, or a dual-stream investment. Totaling 5 bedrooms and 4.5 bathrooms, this property is move-in ready with no carpet. Contact the listing agent for individual pricing and split-sale details.

Property Type
Residential
Year Built
2006
Lot Size
0.14 acres
Price / Sq Ft
$259

Listing information last updated August 18, 2026.

Listed by Jorgenson Real Estate

MLS# 3911675 • Active Under Contract

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Two Primary Baths
Two Primary Suties
Breakfast Bar
Ceiling Fan(s)
Chandelier
Granite Counters

Facts & Features

Interior

Features

  • Two Primary Baths
  • Two Primary Suties
  • Breakfast Bar
  • Ceiling Fan(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Microwave
  • Oven

Flooring

  • No Carpet
  • Vinyl
Heating
Central
Cooling
Central Air
Exterior & Lot

Construction

  • Vinyl Siding

Lot Features

  • Back Yard
  • Curbs
  • Front Yard

Fencing

  • Privacy
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Composition,Shingle
Lot Size
0.14 Acres

Parking

  • Driveway
  • Open
  • Parking Pad
Financial
Original List Price
$725,000
Price per Sq Ft
$259
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

3 records on file

Every recorded listing, sale, and lease at 5408 Downs DR, whoever represented it.

  1. Active Under ContractListed 2026
    Current price: $599,900Original list: $725,000MLS 3911675
    1. Listed · April 6, 2026$725,000
    2. Price changed · June 23, 2026$649,900
    3. Price changed · August 5, 2026$599,900
  2. WithdrawnListed 2025
    Current price: $800,000Original list: $800,000MLS 8196416
  3. SoldSeptember 12, 2006
    Listed at: $30,000MLS 4720057

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Active Under Contract with current price, original ask, and market time.

View Timeline
Current list
$599,900
Original list
$725,000
Price movement
$125.1K reduction
Listed / DOM
Apr 6, 2026 · 133 days

Virtual Tour

Virtual tour of 5408 Downs Dr
Map showing 5408 Downs DR
5408 Downs DR
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Lyndon B Johnson

High SchoolGrades 9-12Zoned assignment

Martin

Middle SchoolGrades 6-8Zoned assignment

Norman-Sims

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$3,271

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($120K)

Adjustable assumption - not a lending recommendation.

Home price

$599,900

Loan: $480K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$599,900

Price per sqft

$259/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

133 days

Original to current

$125.1K reduction

$725K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is 5408 Downs Dr?

5408 Downs Dr is listed at $599,900 with 5 bedrooms, 4 full, 1 half bathrooms, 2,314 square feet, 0.14-acre lot. This places it above the ZIP 78721 single-family closed-sale median price of $465,000 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 3, 2026).

What school district is 5408 Downs Dr in?

5408 Downs Dr is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Martin (middle), Lyndon B Johnson (Austin ISD) (high). School assignments should be verified directly with the district.

What are the property details for 5408 Downs Dr?

5408 Downs Dr is a Residential built in 2006 featuring 5 bedrooms, 4 full, 1 half bathrooms, 2,314 square feet, 0.14-acre lot.

How should a buyer estimate the monthly payment for 5408 Downs Dr?

This page does not assume a mortgage rate or publish a monthly payment for 5408 Downs Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 5408 Downs Dr compare with other homes in Austin?

As of Oct 16, 2026, 5408 Downs Dr is offered at $599,900. The current MLS snapshot shows 53 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.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 3:07:28 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/16/2026, 3:07:28 AM

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