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Off market
  • $552,500

    5314 Downs Dr Unit B, Austin, TX 78721

    3beds
    1,574sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $552,500 Zestimate®
    $351/sqft
    $3,424 Estimated rent

    Home value

    $552,500

    $519,000 - $586,000

    $3,424/mo

    Zestimate® history
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    $3,424/mo

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    $3,662/mo

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    What's special

    Modern functional layoutClean contemporary finishes throughoutPrivate yardAbundant natural lightLarge fully fenced yardPrivate entranceWell-proportioned bedrooms

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Individual Climate Control, Walk-In Closet(s)
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,574 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Electricity not included in rent, Garbage not included in rent, Gas not included in rent, High ceilings, Internet not included in rent, Outdoor entertaining area, Recently built, Sewage not included in rent, String lighting/ outdoor lighting, Water not included in rent
    • Fencing: Fenced Yard
    Details
    • Parcel number: 928858

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Austin

    HOA & financial

    Other fees
    • Deposit fee: $2,995

    Other

    Other facts
    • Available date: 03/06/2026

    Price history

    DateEventPrice
    1/30/2026Listing removed$2,995$2/sqft
    Source: Zillow Rentals Report a problem
    1/13/2026Listed for rent$2,995$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2020Sold--
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $637,834 -4.1%
    2024$10,749 +21.8%$665,104 +10%
    2023$8,828 -4.5%$604,640 +10%
    2022$9,248 $549,673 +10%
    2021-- $499,703 +2.3%
    2020$10,878 $488,515

    Find assessor info on the county website

    Neighborhood: MLK 183

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $552,500
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    Estimated market value
    $552,500