5208 Downs Dr #2, Austin, TX 78721
Property image
Property image
SOLD
FEB 28, 2026

5208 Downs Dr #2
Austin, TX 78721

MLK 183
  • 2 Beds
  • 2.5 Baths
  • 1,099 sqft (on 0.25 acres)
2 Beds
2.5 Baths
1,099 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$516K
Since last month
Increased$4K (+0.7%)
Since last year
Increased$19K (+3.9%)
Since last sale
Decreased$9K (-1.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -26% in the last 10 years
MonthEstimated value
2026
August 2026$516K
July 2026$513K
June 2026$502K
May 2026$505K
April 2026$503K
March 2026$498K
February 2026$508K
January 2026$508K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
-
05/14/26
3
2
1,229
0.19
Unknown
-
11/14/25
-
-
0.18
Single-Family Home
-
05/19/26
3
2
1,870
0.30
Single-Family Home
-
02/06/26
3
2
1,389
0.11
Single-Family Home
-
03/27/26
4
2
1,360
0.19
Single-Family Home
-
10/17/25
3
2.5
1,874
0.12
Single-Family Home
-
01/27/26
2
2
1,058
0.50
Single-Family Home
-
10/31/25
3
2
1,152
0.19
Single-Family Home
-
05/04/26
4
3
1,900

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$539,400
3
2.5
1,569
Off Market
0.09
$325,000
2
1
720
For Sale
0.08
$574,990
3
2.5
1,685
For Sale
0.06
$596,400
3
2.5
1,934
Off Market
0.11
$649,000
3
2.5
2,101
For Sale
0.10
$339,000
2
2
1,165
For Sale
0.10
$299,000
2
2
1,045
For Sale
0.12
$699,000
-
-
-
For Sale
0.12
$779,000
3
2.5
2,567
For Sale
0.15
$399,900
2
2
1,076
For Sale
0.18
$369,100
2
2
816
Off Market
0.16
$525,000
4
2.5
1,599
For Sale

Local Information

  • Map ViewExplore the area around 5208 Downs Dr #2.
  • Schools1 Preschool School1 Elementary School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2024
Lot Size
0.25 acres
Living Area
1,099 sqft
Price/Sqft
$478/sqft

About this House

Discover a home where modern elegance meets architectural brilliance at 5208 Downs Drive Unit 2. Designed by the acclaimed BrownStone Capital Investments and Studio BrownStone in partnership with Pavonetti Architecture, this home offers a unique opportunity to experience luxurious urban living in one of Austin's most rapidly developing neighborhoods. With no HOA dues and no restrictions on short-term rentals, this residence is as versatile as it is captivating.

From the moment you approach, the home's striking curb appeal immediately draws you in. Perfectly positioned at the front left side of the lot, it stands out with its modern façade and custom metal slat one-car carport. The sleek exterior design is just a prelude to what awaits inside—an oasis of modern luxury and comfort spread over 1,099 square feet.

As you step inside, you're greeted by a light-filled, open floor plan that blends seamlessly with the sleek, minimalist aesthetic. Every inch of this two-bedroom, 2.5-bathroom home is crafted with precision and attention to detail. The state-of-the-art kitchen is a chef's dream, with premium finishes including stainless steel appliances, a spacious island, and designer fixtures that combine beauty with function. The adjoining living and dining areas are designed for effortless entertaining, bathed in natural light from the oversized windows overlooking the private front and back yards.

Upstairs, the primary suite is a haven of tranquility, featuring a spa-inspired bathroom complete with dual vanities, frameless glass shower, and designer tile. The second bedroom, equally luxurious, offers versatility and style with its bathroom and large closet space.

Built with quality and durability in mind, this home comes with a third-party backed 1-2-6 warranty, ensuring you have years of peace of mind. In addition to its stunning design and superior construction, the location of this residence is truly unbeatable. Situated in a thriving pocket of East Austin, you're just minutes away from the lively downtown area and the Austin-Bergstrom International Airport, giving you the best of both worlds—urban convenience and a serene retreat.

Whether you're searching for a primary residence, a second home, or a high-return investment property, 5208 Downs Drive Unit 2 offers it all. With no HOA fees and the freedom of unrestricted short-term rentals, this is an opportunity not to be missed.
5208 Downs Dr #2, Austin, TX 78721 is a 2 bedroom, 3 bathroom, 1,099 sqft single-family home in MLK 183, built in 2024. It last sold for $525,000 on Feb 28, 2026 (8% below the $570,000 asking price). It is currently off market. The Trulia Estimate is $516,400, with a rent estimate of $2,238/month.
Contact this Building

Home Details for 5208 Downs Dr #2

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $478/sqft

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Feb 28, 2026
Source: N/A
Sold
--
Feb 28, 2025
Source: Kuper Sotheby's International Realty #5412097
ListingRemoved
$570,000
Jan 14, 2025
Source: Unlock MLS #5412097
Contingent
$570,000
Jan 13, 2025
Source: Kuper Sotheby's International Realty #5412097
Pending
$570,000
Jan 2, 2025
Source: Unlock MLS #5412097
PriceChange
$570,000
Price decreased by 1%

Market trends in Austin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3K
MoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4
MoM
Available listings
5514
156
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about MLK 183

At least 41 Trulia users voted on each feature.
  • 91 % Say parking is easy

  • 90 % Say car is needed

  • 81 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 59 % Say they plan to stay for at least 5 years

  • 57 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 56 % Say there are sidewalks

  • 52 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 47 % Say kids play outside

  • 34 % Say streets are well-lit

  • 28 % Say it's walkable to restaurants

  • 18 % Say it's walkable to grocery stores

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "No events just lost of parks with mostly friendly dogs and nice owners. People overall are cordial and respectful. "
  • Trulia User
    "there is many animal lovers in the area. lots of dogs walking and bike riding. it's a great place if you don't mind to drive to your destination. "
  • Trulia User
    "easy access to 183 and Airport blvd. connects to major plazas and workplace services. it's easy to get to work every morning. I have no trouble with traffic . very easy to remember your ways around the area. "
  • Amber P.
    "Hard to exit the neighborhood, only one entrance and exit way.. it’s always busy at the exit in the morning do to it being 969 and then there is a light so leaving early is a must. "
  • John D
    "A lot of stray and dogs not on leases and/or not contained. many of the dogs will chase you down the street."
  • Sabrina S.
    "It's relatively easy to get to any part of town in a short amount of time. the only thing that bothers me is all of the construction"
  • Chelsea M. n.
    "Nothing specific. We just stand in the yard and talk to each other. My neighbor and I both have goats and he helps me with mine sometimes. "
  • Perrysheree
    "They are all of different nationality. they are quite. Yhey have children. They weeken hard. They participate in events. They pay their rent on time. "

LGBTQ Local Legal Protections

Frequently asked questions about 5208 Downs Dr #2

  • What is 5208 Downs Dr #2 estimated to be worth?
    Trulia's estimated value for 5208 Downs Dr #2 in Austin, TX is $516,400.
  • What is the price history for 5208 Downs Dr #2?
    5208 Downs Dr #2 in Austin, TX last sold in February 2026.
  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $586K. That is up $14.3K from the prior month.
  • How big is the lot at 5208 Downs Dr #2?
    The lot at 5208 Downs Dr #2 in Austin, TX is about 0.25 acres (10,890 sq ft).
  • Is there a virtual tour of 5208 Downs Dr #2?
    Yes, a virtual tour of 5208 Downs Dr #2 in Austin, TX is available.

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5208 Downs Dr #2

Skip to last item
Skip to first item

Homes for sale near 5208 Downs Dr #2

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item