See Home Value
$430,000
● House - Off Market

5318 Downs DR

Austin, TX 78721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$2,617
Est. Monthly
6.95%
Cap Rate

About This Property

This adorable and charming home is welcoming from the minute you set eyes on it!  Enjoy the old school charm on the covered front patio with swing, surrounded by mature oak trees on this quiet street in the heart of East Austin.  The generously-sized, private backyard offers endless possibilities in this booming area.  An entertainers dream with the abundant patio space,  complete with seating area and fire pit, perfect for outdoor gatherings.  An ideal space for gardening, grilling, outdoor dining or playing with a pet.    

A bright and airy layout, beautiful hardwood floors and an abundance of natural light. The open-concept living area is ideal for both everyday living and hosting loved ones. The well-appointed kitchen features fresh paint, solid surface countertops, subway tile backsplash, stainless steel appliances and ample storage.  All appliances convey.

This prime location offers quick access to 183 for an easy commute.  Within minutes to downtown Austin,  Austin Bergstrom Airport and UT.  Walking distance to Norman Sims Elementary School and beloved local hotspots, Palomino Coffee, Sahara Lounge and Southern Heights Brewing.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$404
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

Last updated: 3 years ago (Unlock MLS #ACT9756852)

Price History

Date / Event Date Event Price
Apr 9, 2024 In contract -
In contract
Mar 27, 2024 Price Decreased $430,000
↓ $15K (3.4%)
Price Decreased
Mar 1, 2024 Price Decreased $445,000
↓ $10K (2.2%)
Price Decreased
Feb 9, 2024 Listed by Sky Realty $455,000
Listed by Sky Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,354
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRUMAN HEIGHTS
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 39 BLK B TRUMAN HEIGHTS

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002110

Geography

  • Assessors Map Reference: 0211220331
  • Account Number: 202942
  • Parcel: 202942
  • Block: B
  • Lot: 39
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2791
  • Longitude: -97.678

    Address

  • Full Address: 5318 Downs Dr
  • Address - House Number: 5318
  • Address - Street Name: Downs
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C031
  • 4-Digit Zip Code: 2206
  • Zip Code: 78721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $507,120
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 459,516
  • High Value: 546,863
  • Low Value: 372,168

    Market Valuation

  • Market Total Value: $524,337
  • Market Land Value: $300,000
  • Market Improvement Value: $224,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,756

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2007
  • Current Sale Recording Date: Feb 15, 2007
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2007027856
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East MLK


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Frequently Asked Questions

When was property at 5318 Downs Drive built and last sold?
The property at 5318 Downs Drive was built in 1952 and last sold on Feb 13, 2007 for $150,000.
How much is this home worth?
The estimated value of the home located at 5318 Downs Drive is $0.
What are some comparable homes to 5318 Downs Drive?
There are currently no comparable homes to 5318 Downs Drive.