$599,900
5 bd · 5 ba · 2,314 sqft
5408 Downs Dr, Austin, TX 78721
5408 Downs Dr, Austin, TX 78721 is a 5-bedroom, 5-bathroom single family residence listed at $599,900 ($259/sqft). 2,314 sqft. Built in 2006. MLS #3911675. Listed by Jorgenson Real Estate.
Property Overview
This Downs Drive property in Truman Heights presents a unique dual-residence setup that maximizes both lifestyle flexibility and income potential in Austin, TX. The primary two-story home anchors the 6,229-square-foot lot with three bedrooms, 2.5 bathrooms, and an open floor plan featuring granite countertops and hard surface flooring throughout. The detached secondary residence operates as a completely independent living space, offering two additional bedrooms, two bathrooms, its own kitchen, and a separate entrance—creating genuine separation ideal for extended family arrangements or rental income.
This 2,314-square-foot combined property totals five bedrooms and five bathrooms of move-in-ready living space with no carpet in sight. The flexibility to purchase both residences together or separately allows buyers to tailor the acquisition to their specific needs, whether building a multi-generational compound, establishing a live-and-rent scenario, or launching a dual-revenue investment strategy. Located in the established Truman Heights neighborhood, the property bridges residential comfort with pragmatic financial opportunity at $259 per square foot.
Vox Real Estate Insight
At 121 days on market, this property's pricing and unique dual-unit structure appeal specifically to investors and families seeking Austin real estate with built-in versatility. From our perspective at Vox Residential, the ability to split the sale while maintaining strong fundamentals across both structures makes this one of the more creative solutions in the current market.
Agent Description
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 | Single Family Residence |
| Year Built | 2006 |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Living Area | 2,314 sqft |
| Lot Size | 6,229 sqft |
| Price / Sqft | $259 |
| Stories | Two |
| Condition | Resale |
| Unit Style | Low Rise (1-3 Stories), Multi-level Floor Plan, No Adjoining Neighbor |
| Subdivision | Truman Heights |
| County | Travis |
| MLS Area | 5 |
| Listed | Apr 6, 2026 |
| MLS # | 3911675 |
| Listed By | Jorgenson Real Estate |
Interior
| Flooring | No Carpet, Vinyl |
| Appliances | Dishwasher, Microwave, Oven |
| 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) |
| Laundry | In Unit, Laundry Room, Multiple Locations |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Vinyl Siding |
| Roof | Composition, Shingle |
| Foundation | Slab |
| Patio & Porch | Covered, Patio |
| Fencing | Privacy, Wood |
| Lot Features | Back Yard, Curbs, Front Yard |
| View | Neighborhood |
| Faces | Southwest |
Parking
| Parking Spaces | 4 |
| Parking Features | Driveway, Open, Parking Pad |
Community & HOA
| HOA | No |
Assigned Schools
| Elementary | Norman-Sims |
| Middle | Martin |
| High | Lyndon B Johnson (Austin ISD) |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2025 |
| Assessed Value | $409,494 |
| Parcel # | 02112203250000 |
| Legal Description | Lot 45 Blk B Truman Heights |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Real Estate Owned |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 5408 Downs Dr, Austin, TX 78721?
This property is listed at $599,900, which is $259 per square foot.
How many bedrooms and bathrooms does 5408 Downs Dr, Austin, TX 78721 have?
This home has 5 bedrooms and 5 bathrooms, with 2,314 square feet of living space.
When was 5408 Downs Dr, Austin, TX 78721 built?
This property was built in 2006, making it 20 years old.
How long has 5408 Downs Dr, Austin, TX 78721 been on the market?
This listing has been on the market for 128 days.
What type of property is 5408 Downs Dr, Austin, TX 78721?
This is a Single Family Residence on a 6,229.08 sqft lot.