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ActiveMLS #1412723

5308 Downs DR # 2, Austin TX 78721

Austin, TX 78721 · Truman Heights

Single Family Residence for sale in Truman Heights

3Bedrooms
2 full / 1 halfBathrooms
1,591Square Ft
0.07Acres
1Garage
2015Year Built
Open Sun 1–3pmNew
1 / 38
$415,000
3D tour

Overview

Property Description

OPEN HOUSE: Sun., Nov. 8 from 1-3 pm & Sat., Nov. 14 from 1-3 pm. Welcome to your contemporary home! It is a detached condo with a garage. It has no carpet and an open floor plan. The first floor features the living room and kitchen with granite counters, blonde wood flooring, stainless steel appliances including gas cooktop with vent hood, pendant & recessed lighting, and plenty of cabinetry. The kitchen island provides bar stool seating. Dining room and half bath are conveniently available for guests. Upstairs you’ll find three bedrooms with ample space and vaulted ceilings. The primary bathroom has two closets, separate and stylish shower & tub, and a double vanity sink. The other bedrooms have vinyl wood flooring installed in August 2025. SMART HOME: Wired with a security system and Nest thermostats. GOOGLE, AT&T AND SPECTRUM FIBER. ENERGY EFFICIENT: Home has Spray-Closed Cell Foam insulation with an R-Value of 33, double-pane Low-e windows, high efficiency toilets, tankless water heater, and more listed on our energy efficiency report. OUTSIDE SPACE: Enjoy the wooden patio for grilling or morning coffee. It has partial xeriscape for easier maintenance. Backyard is fully fenced in. POTENTIAL RENTAL INCOME: The home previously rented for $3,000. Make it a rental property or personal home! Well maintained. SURROUNDINGS: Two-unit HOA condo regime with NO dues and very few rules. Almost like having no HOA at all. The home is near Hwy. 183 for quick access to the city. Close by is the beautiful Little Walnut Creek greenbelt with 206-acres of protected woodland area, hiking trails, creeks & ravines. Grocery store H-E-B and shopping center is about 5 min. away. Downtown is 15 min. close by, Mueller 9 min., and Domain 20 min. drive! Zoned to Norman-Sims Elementary School, Kealing MS, and LBJ Early College High School. Down payment and closing cost assistance available. Visit the home website for a video and more info!

Financial Info
Price
$415,000
$ / Sqft
$261
HOA
Mandatory
HOA Name
5308 Downs Drive Condominium Association
HOA Includes
See Remarks
Tax Rate
2.0465%
Est. Taxes
$11,690
Tax Year
2026
Exemptions
None
Legal Info
Address
5308 Downs DR # 2
County
Travis
City
Austin
State
TX
Zip
78721
Subdivision
Truman Heights
Legal Description
UNT 2 5308 DOWNS CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Parcel
02112213030000
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Kitchen
Granite Counters, Kitchen Island
Appliances
Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Free-Standing Gas Oven, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater
Laundry
In Hall, Upper Level
Master Bed
Walk-In Closet(s)
Master Main
No
Fireplace Description
None
Interior Features
Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, High Speed Internet, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Home, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Security System, Security System Owned, Smoke Detector(s), Double Pane Windows, Window Treatments
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2015 / Resale
Square Feet
1,591 / See Remarks
Garages
1
Garage Desc
Attached, Door-Single, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Shingle
Construction
HardiPlank Type
Acres
0.07
Lot Description
Back Yard, City Lot, Curbs, Few Trees, Front Yard, Private, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft), Views, Xeriscape
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
No
View
City, Neighborhood
Water Access
No
Waterfront
No
Area
5
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
See Remarks, Back Yard, Wood
Exterior Features
Barbecue, Private Yard, Patio, Rear Porch
Pool On Property
No
Area Amenities
Curbs, Google Fiber, High Speed Internet, Nest Thermostat

Price history

Days on market
$415,000
List price
0
Price reductions
Active
Since Oct 30, 2026
Property history1 event
DateEventPriceChange
Nov 4, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 891005

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$571,231$590.65
AUSTIN ISD0.925200$571,231$5,285.03
CITY OF AUSTIN0.524017$571,231$2,993.35
TRAVIS COUNTY0.375845$571,231$2,146.94
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$571,231$674.18
Ordinary property tax estimate2.046485$11,690.15

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025—2.046485$9,501.78
2024—1.981814$9,984.98
2023—1.809247$8,319.81
2022—1.974923$8,761.19
2021—2.176679$8,874.48
2020—2.226665$9,037.39

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Schools

School Info
District
Austin ISD
Elementary
Norman-Sims
Middle
Kealing
High
Lyndon B Johnson (Austin ISD)

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $415,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,418 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,418

Principal & interest
$2,098
Property taxes
$974
Homeowners insurance
$346

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$332,000$3,711$21,471$328,289
2$328,289$3,959$21,222$324,330
3$324,330$4,225$20,957$320,105
4$320,105$4,507$20,674$315,598
5$315,598$4,809$20,372$310,788
6$310,788$5,131$20,050$305,657
7$305,657$5,475$19,707$300,182
8$300,182$5,842$19,340$294,340
9$294,340$6,233$18,949$288,107
10$288,107$6,650$18,531$281,457
  • Year 1$328,289
    Principal paid
    $3,711
    Interest paid
    $21,471
    Starting balance
    $332,000
  • Year 2$324,330
    Principal paid
    $3,959
    Interest paid
    $21,222
    Starting balance
    $328,289
  • Year 3$320,105
    Principal paid
    $4,225
    Interest paid
    $20,957
    Starting balance
    $324,330
  • Year 4$315,598
    Principal paid
    $4,507
    Interest paid
    $20,674
    Starting balance
    $320,105
  • Year 5$310,788
    Principal paid
    $4,809
    Interest paid
    $20,372
    Starting balance
    $315,598
  • Year 6$305,657
    Principal paid
    $5,131
    Interest paid
    $20,050
    Starting balance
    $310,788
  • Year 7$300,182
    Principal paid
    $5,475
    Interest paid
    $19,707
    Starting balance
    $305,657
  • Year 8$294,340
    Principal paid
    $5,842
    Interest paid
    $19,340
    Starting balance
    $300,182
  • Year 9$288,107
    Principal paid
    $6,233
    Interest paid
    $18,949
    Starting balance
    $294,340
  • Year 10$281,457
    Principal paid
    $6,650
    Interest paid
    $18,531
    Starting balance
    $288,107
First 10 of 30 years

Nearby

Courtesy of Horizon Realty · (512) 342-1800

Listings courtesy of ACTRIS as distributed by MLS GRID.