Home Highlights
Single-Family Home
1,574 sqft
$350/sqft
Attached Garage
Local Information
-- mins to
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.
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
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Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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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
Get a sense of prices in the area by checking nearby homes.Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 | -- |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $637,834 |
Home facts updated by county records
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
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.

