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  • Zillow Home logoZestimate®
    $478,000

    5501 Downs Dr, Austin, TX 78721

    4beds
    1,702sqft
    Single Family Residence
    Built in 1970
    -- sqft lot
    $478,000 Zestimate®
    $281/sqft
    $2,734 Estimated rent

    Home value

    $478,000

    $435,000 - $521,000

    $2,734/mo

    Zestimate® history
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    What's special

    Modern finishesCarpeted flooringBedrooms offer ceiling fansHardwood flooringStorage shedTerraced garden bedStainless steel appliances

    Welcome to this beautifully updated 4-bedroom, 2-bath home in East Austin's desirable 78721 area. Combining modern finishes with inviting indoor and outdoor living spaces, this home offers comfort, style, and convenience just minutes from downtown. The home features hardwood flooring, large windows that fill the space with natural light, and a thoughtfully designed layout. The living room includes a ceiling fan and wall-mounted TV bracket, while the dedicated dining area is highlighted by a stylish woven basket chandelier. The gourmet kitchen is designed for both everyday living and entertaining, featuring shaker-style cabinetry, floating shelves, quartz countertops, a subway tile backsplash, and a large center island with breakfast bar seating. Stainless steel appliances include a gas range, French-door refrigerator, microwave, dishwasher, and undermount sink with gooseneck faucet. All bedrooms offer ceiling fans, carpeted flooring, and spacious closets, including one bedroom with a large walk-in closet complete with built-in shelving and hanging storage. The primary bathroom features a dual-sink vanity and tub/shower combination, while the secondary bathroom includes a vanity and tiled shower with built-in niche. Step outside to enjoy an impressive multi-level wooden deck, complete with custom-built outdoor seating and a coffee table, creating the perfect setting for relaxing or entertaining. The fully fenced backyard offers mature shade trees, raised garden beds, a fire pit, storage shed, and exceptional privacy. Additional exterior features include a wide elevated front porch, expansive front lawn, terraced garden bed, and off-street parking via the side driveway. A dedicated laundry area with washer and dryer included adds everyday convenience. LOCATION HIGHLIGHTS -Downtown Austin approximately 10 minutes -AustinBergstrom International Airport (AUS) approximately 15 minutes -The University of Texas at Austin approximately 10 minutes -Oracle Corporate Campus nearby major employer -Tesla Gigafactory Texas convenient commuter access -Mueller Development shopping, dining, entertainment, and grocery options -East Austin Entertainment District restaurants, coffee shops, breweries, and nightlife -Lady Bird Lake & Trail System outdoor recreation, biking, and walking trails Your Perfect Austin Home Awaits. Schedule your tour now! All Bay Property Management Group Austin residents are automatically enrolled in the Resident Benefits Package (RBP) for $50.00/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days' written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application. Minimum monthly income 3 times the tenant's portion of the monthly rent is required. Further requirements include: acceptable rental history, acceptable credit history, acceptable criminal history, and complete and accurate information on the application. Pursuant to Texas law, the landlord is not required to and does not accept housing vouchers at this property. The landlord complies with the Texas Fair Housing Act and will not discriminate against an applicant based on any characteristic protected by law. Bay Management Group Austin, LLC represents the landlord in all transactions. Close To Restaurants

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Walk In Closet
    Interior area
    • Total interior livable area: 1,702 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Cats ok, Dogs ok, Walk In Closet
    Details
    • Parcel number: 201182

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1970

    Community & HOA

    Community
    • Deposit fee: $2,699
    Location
    • Region: Austin

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $413,868
    • Annual tax amount: $6,327
    • Date on market: 6/17/2026
    • Date available: 08/15/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/19/2026Listing removed$2,699$2/sqft
    Source: Zillow Rentals Report a problem
    7/31/2026Price change$2,699-1.9%$2/sqft
    Source: Zillow Rentals Report a problem
    6/18/2026Listed for rent$2,750$2/sqft
    Source: Zillow Rentals Report a problem
    7/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/27/2024Price change$2,750-5%$2/sqft
    Source: Zillow Rentals Report a problem
    6/20/2024Price change$2,895-3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    6/14/2024Listed for rent$2,995-10.6%$2/sqft
    Source: Zillow Rentals Report a problem
    3/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/16/2024Price change$3,350-4.3%$2/sqft
    Source: Zillow Rentals Report a problem
    3/9/2024Listed for rent$3,500+79.6%$2/sqft
    Source: Zillow Rentals Report a problem
    5/11/2021Sold--
    Source: Realty Austin solds #7950689_78721 Report a problem
    4/20/2021Pending sale$575,000$338/sqft
    Source: Realty Austin #7950689 Report a problem
    4/16/2021Listed for sale$575,000+35.3%$338/sqft
    Source: Realty Austin #7950689 Report a problem
    10/19/2020Listing removed$425,000$250/sqft
    Source: Realty Austin #8932633 Report a problem
    10/4/2020Listed for sale$425,000$250/sqft
    Source: Realty Austin #8932633 Report a problem
    9/27/2020Pending sale$425,000$250/sqft
    Source: Realty Austin #8932633 Report a problem
    9/18/2020Listed for sale$425,000+137.4%$250/sqft
    Source: Realty Austin #8932633 Report a problem
    5/13/2018Listing removed$1,949$1/sqft
    Source: Morris Green Properties Report a problem
    5/1/2018Listed for rent$1,949-7.1%$1/sqft
    Source: Morris Green Properties 844-736-8512 - Property # 527775 Report a problem
    1/5/2017Listing removed$2,099-4.4%$1/sqft
    Source: Morris Green Properties Report a problem
    2/4/2015Listing removed$2,195$1/sqft
    Source: Morris Green Properties Report a problem
    1/20/2015Price change$2,195-2.4%$1/sqft
    Source: Morris Green Properties Report a problem
    12/19/2014Listed for rent$2,250$1/sqft
    Source: Morris Green Properties Report a problem
    12/17/2014Sold--
    Source: Agent Provided Report a problem
    4/9/2014Sold--
    Source: Agent Provided Report a problem
    3/23/2014Listed for sale$179,000$105/sqft
    Source: Coldwell Banker United, Realtors #4834502 Report a problem
    12/14/2005Sold--
    Source: Public Record Report a problem
    6/15/2005Sold--
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,327 -21%$413,868 -17.1%
    2024$8,007 -0.4%$499,091 -8.2%
    2023$8,043 -22.4%$543,459 -9.2%
    2022$10,368 $598,795 +54.6%
    2021-- $387,334 +33.3%
    2020$6,472 +3.8%$290,667
    2019$6,234 +5.1%$290,667 -12.5%
    2018$5,931 $332,021 +23.9%
    2017$5,931 +33.3%$267,901 +8.7%
    2016$4,450 $246,441 +10%
    2015$4,450 $223,939 +19.8%
    2014$4,450 $187,003 +17.8%
    2013-- $158,774 +13.8%
    2012-- $139,532
    2011-- $139,532
    2010-- $139,532 -10.2%
    2009-- $155,338 +37.5%
    2008-- $112,977 -5.5%
    2007-- $119,495 +27.8%
    2006-- $93,496 +15.3%
    2005-- $81,102 +41%
    2002$1,155 $57,524
    Find assessor info on the county website

    Neighborhood: MLK 183

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $478,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $478,000