5308 Downs Dr #2, Austin, TX 78721
OFF MARKET

5308 Downs Dr #2
Austin, TX 78721

MLK 183
  • 3 Beds
  • 2.5 Baths
  • 1,536 sqft

$494,600

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,212/mo*

$494,600

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,212/mo*
3 Beds
2.5 Baths
1,536 sqft

Local Information

  • Map ViewExplore the area around 5308 Downs Dr #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2015
Living Area
1,536 sqft
Price/Sqft
$322
Parking
Garage

About this House

This condo is located at 5308 Downs Dr #2, Austin, TX. 5308 Downs Dr #2 is in the MLK 183 neighborhood in Austin, TX and in ZIP code 78721. This property has 3 bedrooms, 3 bathrooms and approximately 1,536 sqft of floor space. This property has a lot size of 3123 sqft and was built in 2015.
5308 Downs Dr #2, Austin, TX 78721 is a 3 bedroom, 3 bathroom, 1,536 sqft condo in MLK 183, built in 2015. More recently, it was listed as a rental in August 2025 with an asking price of $3,000 per month. That rental listing was removed on September 18, 2025. It is currently off market. The Trulia Estimate is $494,600, with a rent estimate of $2,758/month.

Home Details for 5308 Downs Dr #2

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: CompositionFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: Condo

Lot Information

Lot Area: 3123 sqft

Price History for 5308 Downs Dr #2

DatePriceEventSource
09/18/2025$3,000ListingRemovedUnlock MLS #4321766
08/26/2025$3,000Listed For RentUnlock MLS #4321766

Market trends in Austin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$570K
$15.83K
MoM
Sale-to-List Price
97.9%
0.1%
MoM
Price per sq ft
$302
$7
MoM
Available listings
5662
60
MoM
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Property Tax and Assessment

Year2025
Tax$9,502
Assessment$586,200
Home facts updated by county records

Comparable Sales for 5308 Downs Dr #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Condo
-
11/10/25
2
2
861
0.71
Condo
-
03/20/26
3
3
1,686
0.74
Condo
-
03/16/26
3
2.5
1,729
0.97
Condo
-
03/23/26
3
3
1,627
0.61
Unknown
-
11/24/25
-
-
1.04
Condo
-
01/15/26
3
3
1,534
0.61
Unknown
-
11/11/25
-
-
0.79
Condo
-
04/23/26
3
-
1,505
0.84
Unknown
$340,000
09/26/25
-
-
0.96
Condo
-
04/08/26
3
3.5
2,009

Nearby homes

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Assigned Schools

These are the assigned schools for 5308 Downs Dr #2.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

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Homes for sale near 5308 Downs Dr #2

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Off Market Homes Near 5308 Downs Dr #2

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Frequently asked questions about 5308 Downs Dr #2

  • What is 5308 Downs Dr #2 estimated to be worth?
    Trulia's estimated value for 5308 Downs Dr #2 in Austin, TX is $494,600.
  • 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 $570K. That is up $15.83K 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.