5408 Downs Drive #1 and #2

Incredible East Austin opportunity with two distinct homes on one lot, being sold together but separately condoed for future flexibility. <br />The front house (Unit 1) is a recently updated 3-bed, 2.5-bath home featuring fresh interior paint, updated flooring, and a private backyard ideal for relaxing or entertaining. <br />The rear home (Unit 2), built in 2025, offers 2 bedrooms and 2 full baths with a bright, open floor plan, vaulted ceilings, quartz countertops, stainless steel appliances, wood-look laminate flooring, and energy-efficient features throughout, including individual digital thermostats, modern HVAC, and high-performance insulation. <br />Each unit lives independently, making this an ideal setup for multigenerational living, a guest house, or an income-producing short- or long-term rental. Located in a vibrant and fast-growing East Austin neighborhood just minutes from Mueller, Norman-Sims Elementary, local parks, restaurants, and shopping—with easy access to downtown Austin in under 15 minutes. With no HOA fees and endless versatility, this property is a rare find for both investors and owner-occupants alike.