5314 Downs Dr #B
Austin, TX 78721
MLK 183- 3 Beds
- 2.5 Baths
- 1,574 sqft
3 Beds
2.5 Baths
1,574 sqft
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 29, 2026
Home Highlights
Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
124 days ago
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 |
Price History for 5314 Downs Dr #B
| Date | Price | Event | Source |
|---|---|---|---|
| 01/30/2026 | $2,995 | ListingRemoved | Zillow Rentals |
| 01/13/2026 | $2,995 | Listed For Rent | Zillow Rentals |
| 02/18/2020 | -- | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $637,834 |
Home facts updated by county records
Comparable Sales for 5314 Downs Dr #B
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | - | 08/20/25 | 3 | 2 | 1,422 | |
0.12 | Single-Family Home | - | 03/27/26 | 4 | 2 | 1,360 | |
0.25 | Single-Family Home | - | 10/17/25 | 3 | 2.5 | 1,874 | |
0.28 | Single-Family Home | - | 05/14/26 | 3 | 2 | 1,229 | |
0.35 | Single-Family Home | - | 11/13/25 | 3 | 2 | 1,417 | |
0.41 | Single-Family Home | - | 02/06/26 | 3 | 2 | 1,389 | |
0.43 | Single-Family Home | - | 10/31/25 | 3 | 2 | 1,152 | |
0.29 | Unknown | - | 05/19/25 | - | - | ||
0.44 | Single-Family Home | - | 09/11/25 | 4 | 3 | 1,702 | |
0.35 | Single-Family Home | - | 08/13/25 | 2 | 2 | 1,075 |
Assigned Schools
These are the assigned schools for 5314 Downs Dr #B.
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
Learn more about our methodology.
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Explore by feature
5314 Downs Dr #B, Austin, TX 78721 is a 3 bedroom, 3 bathroom, 1,574 sqft single-family home. 5314 Downs Dr #B is located in MLK 183, Austin. This property is not currently available for sale. 5314 Downs Dr #B was last sold on Feb 18, 2020 for $455,000 (15,092% higher than the asking price of $2,995). The current Trulia Estimate for 5314 Downs Dr #B is $561,000.

