Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$493,000

NAL Estimated Property Value

5315 Downs Dr, Austin, TX, 78721

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,349 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$381.76 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesWasher Dryer Stacked, Dishwasher, Free Standing Gas Range, Disposal, Gas Range, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesDock, Exterior Steps
Lot Size7,401 sqft

Building Information

Year Built1969
Stories1
Roof Type105

Land Information

APN02112205130000
Lot Number15
SubdivisionTruman Heights
Land UseResidential
Legal DescriptionLOT 15 BLK A TRUMAN HEIGHTS
Census Tract002110
Assessed Land Value$225,000
Assessed Improvement Value$235,778
Assessment Year2024

About this property

Welcome to 5315 Downs, located in the vibrant East MLK area of Austin, a neighborhood that perfectly captures the essence of the city. This fully remodeled bungalow offers 4 beds and 2.5 bath and a light-filled open floorplan. The owners suite is separate from the secondary bedrooms and features double closets, a designer bath & private entry door. 2 bedrooms & a bedroom/office with custom wall of built ins share a gorgeous updated bath with custom vanity & dual sinks. Don’t miss the pocket bath between the back bedrooms. The laundry room offers generous storage and a sink. Outside, you’ll find a stunning Heritage oak in the xeriscaped front yard. The large deck and fire pit in the back are perfect for entertaining. This home is ideally positioned just moments away from a diverse array of dining options, local shops, and cultural attractions. Experience the rich tapestry of the community with nearby parks such as Rosewood Park, where you can enjoy outdoor activities and family-friendly events. Downtown Austin is a short drive away. Embrace the eclectic lifestyle of East MLK, where you can enjoy the best of Austin's urban conveniences while being part of a tight-knit neighborhood.

Investor Tools

Property Icon
$493,000
Estimated Property Value
$373,309Estimated Mortgage Balance
$120,833Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$460,778
2024
$225,000
$235,778
$460,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$460,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$380,000
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,309
$119,691
24%
76%
$2,279/mo

City: Austin

5315 Downs Dr | Property Details | No Agent List