5408 Downs DR, Austin, TX — photo 1
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Sale PendingUnder contract — not accepting offers

This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$599,900
5 beds4.5 baths2,314 sqft

5408 Downs DR, Austin TX 78721

MLS #240731624 · Jorgenson Real Estate · Mike Kelly

Residential
Built in 2006
0.14 Acres Lot
$259/sqft

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 details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2006
Full baths
4
Half baths
1
Lot size
0.143
Subdivision
Truman Heights
MLS area
5
MLS #
240731624

Features

Interior features

  • 2 Primary Baths
  • 2 Primary Suites
  • 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)
  • Washer Hookup

Exterior features

  • None

Additional details

Parking
Driveway, Open, Parking Pad
Garage spaces
0
Roof
Composition, Shingle
Foundation
Slab

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Norman-Sims
Middle
Martin
High
Lyndon B Johnson (Austin ISD)

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Market insights

Compared with 172 active homes in ZIP 78721 · HomeLocating listings

Area median price
$475,000
This home vs. median
26% above
Homes with a price cut
39%

At $599,900, this home is priced 26% above the $475,000 median across 172 active homes in ZIP 78721.

Estimated monthly payment

$4,183/mo
Principal & interest$3,033/mo
Property taxes (est.)
Home insurance (est.)

Home price

$599,900

Down payment

20% ($119,980)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Jorgenson Real Estate · Mike Kelly

Listing data last updated Aug 18, 2026, 11:46 AM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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