5306 Downs Dr #2, Austin, TX 78721
Property image
Property image
OFF MARKET

$199,000

Trulia Estimate
as of Oct 3, 2026
  • Studio
  • 1 Bath
  • 400 sqft

5306 Downs Dr #2, Austin, TX 78721

MLK 183

Home Highlights

Townhouse
400 sqft
$498/sqft

Local Information

  • Map ViewExplore the area around 5306 Downs Dr #2.
  • Schools1 Preschool School1 Elementary School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Oversized backyardShady picnic tableSofa bedBrand new kitchenetteFull private bathroomKing bed
Laid-Back East Austin Studio with Private Yard & Separate Entrance Pets OK, AWESOME PRIVATE FENCED LARGE BACKYARD, HUGE CLOSET
Best deal in town! Offered furnished or unfurnished | Open to medium-term or long-term lease | Start date flexible after July 20

This fully private studio apartment is the back unit of a duplex in the heart of East Austin a clean, well-equipped space with its own massive fenced backyard and totally separate entrance. It's a perfect spot for someone looking to live simply, work remotely, and enjoy outdoor space especially if you have a dog.

Interior Features:
Open studio layout with king bed and sofa bed
Full private bathroom with tub and shower
Brand new kitchenette with new cabinets, counter, sink, full-sized fridge, microwave, coffee maker, hot plate, pots, pans & utensils
ROKU TV and blazing fast Google Fiber internet
Clean and well-maintained
No carpet

Outdoor Space:
Fully private, oversized backyard with shady picnic table great for dogs, relaxing, or entertaining
No shared spaces your unit and yard are completely separate from the front house
Street parking only the front unit uses the driveway, but there's ample easy street parking

Laundry:
No on-site laundry
Excellent nearby laundromat (2-minute drive) with card payment + same-day wash-and-fold service

Neighborhood Highlights:
Located in Austin's East MLK neighborhood a quiet, residential area that's still just minutes from the best of the East Side:

Walk to Palomino Coffee, Sahara Lounge (live music), and Yellow Bike Project
Close to Givens Park & Pool, Birdie's, Sa-Ten, Medici Coffee, and LiftATX Gym
3 equidistant H-E-B grocery stores nearby
Dog-friendly community neighbors often gather at Norman-Sims Elementary

Quick Drives To:
East Austin restaurants & bars 6 min
UT Austin 8 min
Austin-Bergstrom Airport 9 min
Lady Bird Lake Trail 10 min
Downtown & Convention Center 10 min
Tesla, Samsung, Amazon 16 19 min
Zilker Park & COTA/F1 16 min
Target 7 min

Lease Details:
Open to medium-term or long-term lease
Offered furnished or unfurnished
Pets welcome
Street parking only
No onsite laundry (there is a nearby laundromat)
Electric hotplate
MInisplit heat and cool
Tenant Requirements:
Income must be 3x monthly rent
No history of evictions or felonies
No history of late rent payment

Directions:
From downtown Austin: Take 12th Street Left on Webberville Road Right on Downs Drive property is on the left. Your private entrance is clearly marked via the driveway.

6 mos minimum / normal lease is one year/ 18 mos ok
furnished or unfurnished
5306 Downs Dr #2, Austin, TX 78721 is a studio, 1 bathroom, 400 sqft townhouse in MLK 183. More recently, it was listed as a rental in June 2025 with an asking price of $1,200 per month. That rental listing was removed on July 25, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $199,000, with a rent estimate of $1,394/month.

Home Details for 5306 Downs Dr #2

Interior Features

Heating & Cooling
Heating: Wall FurnaceAir ConditioningCooling System: Wall UnitHeating Fuel: Wall Furnace
Appliances & Utilities
MicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Comparable Sales for 5306 Downs Dr #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Townhouse
-
12/19/25
3
2.5
1,488 sqft
0.16
Townhouse
-
09/03/26
3
3
1,578 sqft
1.26
Townhouse
-
08/07/26
3
3.5
2,196 sqft
1.27
Townhouse
-
06/18/26
4
3.5
2,282 sqft
1.51
Townhouse
-
05/14/26
3
3.5
2,145 sqft
1.50
Townhouse
-
04/23/26
3
4
2,372 sqft
1.75
Townhouse
-
06/22/26
3
2.5
1,562 sqft
1.78
Townhouse
-
05/04/26
4
3.5
2,300 sqft
1.78
Townhouse
-
01/21/26
4
3.5
2,658 sqft
1.89
Townhouse
-
08/05/26
3
2.5
2,278 sqft

Nearby homes

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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

Price and Tax history

DateEventPrice
Jul 25, 2025
Source: Zillow Rentals
ListingRemoved
$1,100
Jul 1, 2025
Source: Zillow Rentals
PriceChange
$1,100
Price decreased by 8%
Jun 20, 2025
Source: Zillow Rentals
Listed For Rent
$1,200

Frequently asked questions about 5306 Downs Dr #2

  • What is 5306 Downs Dr #2 estimated to be worth?
    Trulia's estimated value for 5306 Downs Dr #2 in Austin, TX is $199,000.
  • Is Austin a buyer's or seller's market?
    Austin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $587K. That is up $167 from the prior month.
  • What do residents say about the MLK 183 neighborhood?
    Residents describe the MLK 183 neighborhood in Austin, TX as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in MLK 183, Austin.
  • Does 5306 Downs Dr #2 have air conditioning?
    Yes, 5306 Downs Dr #2 in Austin, TX has air conditioning.

Homes for rent near 5306 Downs Dr #2

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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