5501 Downs Dr

1,702 Sq. Ft.
$338 / Sq. Ft.
1,702
Sq. Ft.
$338
per Sq. Ft.

Description

Darling East Austin bungalow with 4 bedrooms and 2 baths is ready for immediate enjoyment. Prime development opportunity - large lot with beautiful trees and no back neighbors. This spacious living room provides all the elements for a relaxing, comfortable and modern lifestyle. The shiny floors are solid wood - a mix of the original floors merged with new, solid red oak. The private backyard has endless possibilities: pool, studio, work space or maybe an ADU. This home has been a rental for the past...Darling East Austin bungalow with 4 bedrooms and 2 baths is ready for immediate enjoyment. Prime development opportunity - large lot with beautiful trees and no back neighbors. This spacious living room provides all the elements for a relaxing, comfortable and modern lifestyle. The shiny floors are solid wood - a mix of the original floors merged with new, solid red oak. The private backyard has endless possibilities: pool, studio, work space or maybe an ADU. This home has been a rental for the past 6 years with lease prices ranging from $1949-2250, although current rental value is much higher. Bathrooms were updated by previous owner in 2014. Foundation was professionally leveled by Bruecher Foundation. Actual age of property is unknown. Pre-inspection report available, please ask agent. Owner selling as-is.

Listing Agent

  1. Carson Hiner

    Carson Hiner

    Listing Agent

    Realty Austin

    TREC #0633332

    P: (512)-560-6563

Property Details for 5501 Downs Drive

Subdivision Name
Truman Heights
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
None
View YN
No
Parcel Number
02102102120000
Tax Lot
2
LISTING CLOSED: 05/11/2021 12:00 AM

Property Details for 5501 Downs Drive

StatusClosed
MLS #7950689
Days on Market3
Taxes$6,234 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1970
Lot Size0.20 AC / 8,668 SF
CountyTravis County

Location

Sold By Keller Williams Realty, Jennifer Glasscock, TREC #0596509

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Building Information for 5501 Downs Drive

Stories1Year Built1970Building Size-Lot Size0.20 AC / 8,668 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$3,385 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,865

Property Taxes

$520

HOA Dues

$0

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Property Information for 5501 Downs Drive

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 3
  • Parking Features: Driveway
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Main Level Master, Open Floorplan, Recessed Lighting, Walk In Closets
  • Flooring: Carpet, Tile, Wood
Exterior
  • Exterior Features: Private Yard
  • New Construction: No
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Front Porch
  • Roof: Composition
  • Fencing: Back Yard, Wood
  • Direction Faces: Northeast
  • Window Features: Blinds
  • Accessibility Features: None
  • Community Features: Curbs
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Trees Large Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastArea, GraniteCounters, KitchenFamilyRoomCombo, RecessedLighting
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: WalkInShower
Room 3
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, HisAndHersClosets, WalkInClosets
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $290,667
  • Additional Parcels: No
  • Tax Year: 2020
  • Tax Rate: 2.14%
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: From 183 South, exit MLK and turn Right; Left @ first stop light (Tannehill which turns in Webberville); continue on and turn Left @ Downs Drive.

Property History for 5501 Downs Drive

DateEvent & SourcePriceAppreciationLink
May 11, 2021

Sold

ACTRIS #7950689

Apr 19, 2021

Pending

ACTRIS #7950689

Apr 16, 2021

Listed (Active)

ACTRIS #7950689

$575,000
DateEvent & SourcePrice
05/11/2021

Sold

ACTRIS #7950689

04/19/2021

Pending

ACTRIS #7950689

04/16/2021

Listed (Active)

ACTRIS #7950689

$575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 Downs Drive

Taxable ValueLand$249,303Additions$164,565Total$413,868
Tax Record2024$8,007 ($667 / month)
Home Facts
Beds0Total Finished SqFt1,702 SqFtAbove Grade Finished SqFt1,702 SqFtStories1Lot Size8,655 SqFtStyleSingle Family ResidenceYear Built1970CountyTRAVISAPN02102102120000

Schools near 5501 Downs Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Norman Elementary School
PublicPK to 5

Martin Middle School
Public7 to 8

LBJ Early College High School
Public9 to 12

Liberal Arts and Science Academy (LASA)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.