Date
Details
Price
Change
Source
6/11/2026
Listed
$538,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare redevelopment opportunity in the heart of South Austin! Located in the desirable Williams subdivision and coveted 78704 zip code, the property is being marketed primarily for lot value and redevelopment potential. Situated on approximately 0.177 acres (7,706 sq. ft.), this level homesite presents an outstanding opportunity for builders, investors, or buyers looking to create a custom residence in one of Austin's most sought-after neighborhoods. The existing structure is believed to have reached the end of its economic life, making this an ideal candidate for a new build or potential multi-unit development (buyer to verify zoning, development options,& restrictions). A beautiful Heritage Oak tree enhances the front curb appeal, while the spacious backyard is largely open and unobstructed, offering excellent flexibility for future construction. Mature trees along portions of the property lines provide privacy without significantly impacting the building envelope. Enjoy an unbeatable location just minutes from Downtown Austin,(SoCo), South 1st, & the St. Elmo District. Residents love the easy access to Austin's renowned restaurants, coffee shops, breweries, food trailers, boutique shopping,& live music venues. Outdoor enthusiasts will appreciate being near Lady Bird Lake, Zilker Park, Auditorium Shores, & miles of hike-and-bike trails. The property is also conveniently located near Austin's major employment centers, including Downtown, the State Capitol Complex, healthcare facilities, and many technology employers throughout the city. Austin-Bergstrom International Airport is approximately 15 minutes away. Redevelopment opportunities in 78704 are becoming increasingly difficult to find. Bring your vision and take advantage of this exceptional South Austin location with endless possibilities. Buyers are encouraged to walk the lot. Interior showings available only if necessary. Buyer to independently verify zoning, development potential,& building requirements.
Full Property Details
Full Property Details for 412 Krebs Ln
General
- Price: $538,000
- Taxes: $11,160 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1160519
- Updated: 6/11/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, See Remarks
- Appliances: Free-Standing Gas Range, Microwave, See Remarks
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Main Level
Additional Information
- Shared Amenities: See Remarks
- Security/Safety: See Remarks
Exterior
- Exterior Features: No Exterior Steps, See Remarks
- Porch/Patio/Deck: See Remarks
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Covered Spaces: 1
- Total Spaces: 2
- Parking Features: Attached Carport, Driveway
Location
- Area: 6
- County: Travis
- Subdivision: Williamson Sec 02
- Driving Directions: From 71/290/Ben White exit S First Ave heading North towards downtown, turn right onto Krebs Ln, 412 Krebs Ln on left side. No sign in yard.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Galindo
- Middle School: Lively
- High School: Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Shingle
- Windows: See Remarks
- Stories/Levels: 1
- Square Feet: 1,061
- Sq. Ft. Source: Public Records
- Living Area: 1,061 Sq. Ft.
- Year Built: 1958
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1769
- Lot Size (Sq. Ft.): 7,705.76
- Fence: Yes
- Lot Features: Back Yard, Level, Few Trees
- Fencing (Description): See Remarks
Financial Considerations
- Assessment Amount: $545,338
- Tax Amount: $11,160.26
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 24 BLK B WILLIAMSON SUBD SEC 2
- Disclosures/Reports: None
- Property ID: 4080402240000
- Block: B
- Lot Number: 24
Listed by Austin Summit Group
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Listing agents
— 412 Krebs Ln —
Austin Summit Group
Austin Summit Group
(512) 250-0253
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 412 Krebs Ln
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Galindo Elementary School 3800 South 2nd Street, Austin, TX 78704 | K-5 | 0.4 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 1.5 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 412 Krebs Ln
Tax History
Tax History for 412 Krebs Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$792
—
$589,990
3%
2024
$792
-81%
$575,538
-28%
2022
$4,170
—
$799,512
—
2022
$4,170
-1%
$803,270
86%
2021
$4,218
-52%
$432,410
10%
2020
$8,753
3%
$393,100
10%
2020
$8,463
18%
$358,683
10%
2018
$7,162
19%
$326,075
10%
2016
$6,010
-9%
$296,432
10%
2017
$6,611
18%
$269,484
10%
2015
$5,625
13%
$244,985
10%
2013
$4,987
—
$222,714
10%
2013
$4,987
—
$202,467
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 412 Krebs Ln
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
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- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 3Total Baths
412 Krebs Lane, Austin, TX 78704 (MLS# 1160519) is a Single Family property with 3 bedrooms and 1 full bathroom. 412 Krebs Lane is currently listed for $538,000 and was received on June 11, 2026. Want to learn more about 412 Krebs Lane? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.