5406 Downs DR # 2, Austin TX 78721
Austin, TX 78721 | 5406 Downs Drive Condos Bldg | Built by Homebound
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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.
Features
- Ceiling Fan(s)
- Double Vanity
- Electric Dryer Hookup
- Kitchen Island
- Open Floorplan
- Recessed Lighting
- Smart Home
- Smart Thermostat
- Washer Hookup
Location
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Listing History
| Mar 10, 2026 | Listed | Listing Courtesy of Keller Williams Realty - listings@papasanproperties.com | $440,000 |
| Aug 1, 2024 | Off Market | ||
| Dec 16, 2023 | Listed | $499,000 |
| Jun 27, 2024 | Off Market | ||
| Jan 9, 2024 | Listed | $740,000 |
| Nov 11, 2020 | Off Market | ||
| Jun 28, 2020 | Listed | $2,599 |
Frequently Asked Questions About 5406 Downs DR # 2, Austin TX 78721
When was 5406 Downs DR # 2, Austin TX 78721 built?
5406 Downs DR # 2, Austin TX 78721 was built in 2023.
How much does 5406 Downs DR # 2, Austin TX 78721 cost?
5406 Downs DR # 2, Austin TX 78721 is listed for sale at $440,000. That is $431 per square foot.
How many bedrooms and bathrooms does 5406 Downs DR # 2, Austin TX 78721 have?
5406 Downs DR # 2, Austin TX 78721 has 2 bedrooms and 2 bathrooms (1 full, 1 half) with 1,021 square feet of living space.
What school district is 5406 Downs DR # 2, Austin TX 78721 in?
5406 Downs DR # 2, Austin TX 78721 is in the Austin ISD school district. Assigned schools include Norman-Sims (elementary), Martin (middle), Lyndon B Johnson (Austin ISD) (high school).
How big is the lot at 5406 Downs DR # 2, Austin TX 78721?
The lot at 5406 Downs DR # 2, Austin TX 78721 is 0.066 acres, and the home has 1,021 square feet of living space.
What type of property is 5406 Downs DR # 2, Austin TX 78721?
5406 Downs DR # 2, Austin TX 78721 is a residential property.
Does 5406 Downs DR # 2, Austin TX 78721 have a garage?
Yes, 5406 Downs DR # 2, Austin TX 78721 has a 1-car garage.
What subdivision is 5406 Downs DR # 2, Austin TX 78721 in?
5406 Downs DR # 2, Austin TX 78721 is located in the 5406 Downs Drive Condos Bldg subdivision in Austin, TX.
How long was 5406 Downs DR # 2, Austin TX 78721 on the market?
5406 Downs DR # 2, Austin TX 78721 was on the market for 1 days, listed on March 10, 2026.
What heating and cooling does 5406 Downs DR # 2, Austin TX 78721 have?
5406 Downs DR # 2, Austin TX 78721 has central heating and central air cooling.
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