#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 20245 bed, 4 bath, 2,314 sqft on 0.14 acres in Austin. Austin, TX 78721. $599,900. Austin ISD.
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.
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
Verified property facts
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 $450,000 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
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.
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.
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.
#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
3 records on file
Every recorded listing, sale, and lease at 5408 Downs DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract with current price, original ask, and market time.
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($120K)
Adjustable assumption - not a lending recommendation.
$599,900
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List price
$599,900
Price per sqft
$259/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
192 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 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 15, 2026, 5408 Downs Dr is offered at $599,900. The current MLS snapshot shows 62 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.
Homes sold by Keenan Group.
4 events on record
Current Price
$599,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1708 Perez ST Unit #B | $530K |
| 1111 Estes Ave Unit #B | $350K |
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