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This 2 bedroom, 2.0 bath home in 78721 has recently sold. If you were eyeing this one, you're not alone. Good news: 3 similar properties are currently available in 78721. Take a look below. Market data shows 78721 prices fallen 6.5% over the last half year. With 3 similar homes available, 78721 is currently a buyer's market. If 78721 is your target area, I can send you new listings as soon as they hit the market. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
2 Baths 1 Full, 1 Half
1,021 Sq Ft
0.066 Acres
2023 Built
1 Garage

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

Schools

School District Austin ISD
Elementary Norman-Sims
Middle School Martin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 9762752
Garage 1 spaces

Tax Information

Appraised Value History (TCAD)
Year Market Value
2025 $407,261
2024 $456,341
Taxing Entities Coming soon

Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office

Listing History

MLS# 9762752 82 days
Jun 30, 2026 Off Market
Jun 18, 2026 Pending
Mar 10, 2026 Listed $440,000

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 sold on June 30, 2026. Contact us for sale price details.

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