5314 Downs Dr #B, Austin, TX 78721
Property image
Double-vanity primary bathroom with contemporary design
OFF MARKET

$550,700

Trulia Estimate
as of Oct 25, 2026
  • 3 Beds
  • 2.5 Baths
  • 1,574 sqft

5314 Downs Dr #B, Austin, TX 78721

MLK 183

Home Highlights

Single-Family Home
1,574 sqft
$350/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 5314 Downs Dr #B.
  • Schools1 Preschool School1 Elementary School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Modern functional layoutClean contemporary finishes throughoutPrivate yardAbundant natural lightLarge fully fenced yardPrivate entrance
Stand-alone detached home with no shared walls and a large fully fenced yard rare for the area and well suited for families, young professionals, or pet owners seeking outdoor space. Built approximately five years ago and maintained in excellent condition, this home will be only the second tenant to ever live here, offering the feel of a nearly new residence.

The home features a modern, functional layout with abundant natural light, well-proportioned bedrooms, and clean contemporary finishes throughout. Designer mirror frames will be installed in all bathrooms in mid-January, adding a polished, finished touch. Designed for comfortable everyday living, the home provides a true single-family feel with the ease, efficiency, and lower maintenance of newer construction.

Located in East Austin, the property sits in a vibrant, evolving neighborhood known for its local businesses, creative energy, and community feel an area many renters specifically seek out for its proximity to the city. The home is less than two miles from Mueller and approximately a 10-minute drive to downtown Austin, with convenient access to major roads, parks, shopping, and dining.

Although legally designated as a condominium, the home lives like a single-family residence with no shared walls, a private yard, and independent access. Pets are welcome (subject to policy). This is a rare opportunity to rent a newer, stand-alone home with outdoor space in one of Austin's most desirable and dynamic areas.

Owner does not live on-site.

Lease Terms:
12-month lease. Rent due on the 1st of each month. Security deposit equal to one month's rent due at signing. First month's rent due prior to move-in. No smoking permitted inside the home.

Utilities:
Tenant is responsible for electricity, gas, water, wastewater, trash, and internet.

Pets:
Pets allowed. Dog and cats welcome with approval. Max two pets. Pet deposit and monthly pet rent apply. Breed restrictions only as required by insurance. Service animals are not considered pets.

Property Type:
Stand-alone detached residence with no shared walls, private entrance, and large fenced yard. Property is legally a condominium but lives like a single-family home.

Screening Criteria (Texas Disclosure):
All applicants 18 and older must submit an application. Screening includes income verification, credit history, rental history, and background check. Minimum income requirement is 3x monthly rent. No prior evictions. Screening standards are applied consistently to all applicants.
5314 Downs Dr #B, Austin, TX 78721 is a 3 bedroom, 3 bathroom, 1,574 sqft single-family home in MLK 183. It was last sold on Feb 18, 2020. More recently, it was listed as a rental in January 2026 with an asking price of $2,995 per month. That rental listing was removed on January 30, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $550,700, with a rent estimate of $3,233/month.

Home Details for 5314 Downs Dr #B

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
GarageParking: Attached Garage, On Site

Comparable Sales for 5314 Downs Dr #B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
-
03/27/26
4
2
1,360 sqft
0.18
Unknown
-
11/14/25
-
-
0.11
Single-Family Home
-
02/28/26
2
2.5
1,099 sqft
0.28
Single-Family Home
-
05/19/26
3
2
1,870 sqft
0.24
Single-Family Home
-
04/13/26
3
2
1,107 sqft
0.28
Single-Family Home
-
05/14/26
3
2
1,229 sqft
0.35
Single-Family Home
-
11/13/25
3
2
1,417 sqft
0.28
Single-Family Home
-
05/04/26
4
3
1,900 sqft
0.41
Single-Family Home
-
02/06/26
3
2
1,389 sqft
0.22
Single-Family Home
-
01/27/26
2
2
1,058 sqft

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about MLK 183

This October

Trick-or-Treat Score

Built from what locals say about MLK 183.
  • 57% say there's holiday spirit
  • 56% say there are sidewalks
  • 48% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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
Jan 30, 2026
Source: Zillow Rentals
ListingRemoved
$2,995
Jan 13, 2026
Source: Zillow Rentals
Listed For Rent
$2,995
Feb 18, 2020
Source: N/A
Sold
--

Frequently asked questions about 5314 Downs Dr #B

  • What is 5314 Downs Dr #B estimated to be worth?
    Trulia's estimated value for 5314 Downs Dr #B in Austin, TX is $550,700.
  • What is the price history for 5314 Downs Dr #B?
    5314 Downs Dr #B in Austin, TX last sold in February 2020.
  • 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 $576K. That is down $9.45K from the prior month.
  • Does 5314 Downs Dr #B have air conditioning?
    Yes, 5314 Downs Dr #B in Austin, TX has air conditioning.
  • Does 5314 Downs Dr #B have laundry facilities?
    Yes, 5314 Downs Dr #B in Austin, TX has in-unit laundry.

Homes for rent near 5314 Downs Dr #B

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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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