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412 Krebs Lane

Austin, TX 78704
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Bed 3

Bed

Bath 1

Bath

SqFt1,061

Sqft

Acres0.18

Acre(Lot)

Rare redevelopment opportunity in the heart of South Austin w new homes on the same street selling ~1.6M creating a huge equity potential! Located close to ST Edwards University & the coveted 78704 zip, the property is being marketed primarily for lot value & redevelopment potential. This lot is exceptional in both size & shape w 0.177 acres (7,706 sq. ft.) & 57 x 145 dimensions, it has room for a pool & does not back to commercial! Many others are only 100 ft deep so the deep lot creates extra opportunity for high end building or maximizing density! 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. This an ideal candidate for a new build or potential multi-unit development (buyer to verify zoning, development options,& restrictions). The spacious backyard is largely open & unobstructed, offering excellent flexibility for future construction. Mature trees along portions of the property lines provide privacy w/out impacting the building envelope. Enjoy an unbeatable location just minutes from DT 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 & bike trails. The property is also conveniently located near Austin's major employment centers, including Downtown, the State Capitol Complex, healthcare facilities & many technology employers throughout the city. Austin-Bergstrom International Airport is approximately 15 minutes away. Good redevelopment opportunities in 78704 are becoming increasingly difficult to find. Bring your vision & take advantage of this exceptional S Austin location w endless possibilities. Buyers are encouraged to walk the lot. Interior showings available if needed.

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Detail Ic Property Details

Property Type : Residential

Price : $538,000

AD Id : 83800264

MLS Id : 1160519

Beds : 3

Lot Size : 0.18 Acre

Living Area Size : 1,061

Year Built : 1958

Garage : 1

County : Travis

Subdivision: Williamson Sec 02

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Shingle

    Flooring Information

    SeeRemarks
  • Interior Features

    CeilingFans, MainLevelPrimary, SeeRemarks
    Roof: Shingle
    Appliances: FreeStandingGasRange, Microwave, SeeRemarks
    Laundry Features: MainLevel
  • Heating & Cooling

    Heating: Central Has Cooling: Yes

  • Building Information

    Year Built: 1958
    Construction Materials: SeeRemarks
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: None
  • Exterior Features

    Exterior Features: NoExteriorSteps, SeeRemarks

  • Lot Information

    Main Square Feet: 0.1769 Lot Size Acres: 0.1769 Lot Description: BackYard,Level,FewTrees

    Property Information

    Subdivision: Williamson Sec 02 Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 68

  • Listing Price Information

    Listing Price: $538000
    Cash, Conventional

  • Tax Information

    Parcel Number: 04080402240000 Tax Lot: 24 Tax Block: B Tax Year: 2026 Annual Tax: $11160.26 Tax Legal Desc: LOT 24 BLK B WILLIAMSON SUBD SEC 2

  • School Information

    Elementary School: Galindo Junior High School: Lively Senior High School: Travis
  • Utility Information

    NaturalGasConnected
  • Location Information

    Direction: 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1407 Parkinson Drive #1, Austin, TX, 78704 $1,850,000 3 3 2,232 2,232 SqFt
1319 Bonham Terrace, Austin, TX, 78704 $3,950,000 5 6 4,933 4,933 SqFt
1201 Kenwood Avenue, Austin, TX, 78704 $3,360,000 4 5 3,488 3,488 SqFt
1018 Harwood Place, Austin, TX, 78704 $1,665,000 4 4 3,344 3,344 SqFt
1318 Bonham Terrace, Austin, TX, 78704 $835,000 2 2 1,187 1,187 SqFt
1511 Chelsea Lane, Austin, TX, 78704 $1,799,900 4 3 2,486 2,486 SqFt
1006 Avondale Road, Austin, TX, 78704 $1,650,000 5 3 2,503 2,503 SqFt
1109 Travis Height Boul.., Austin, TX, 78704 $995,000 4 2 2,800 2,800 SqFt
1117 Reagan Terrace, Austin, TX, 78704 $3,090,000 4 4 3,350 3,350 SqFt
1605 Chelsea Lane #1, Austin, TX, 78704 $2,500,000 5 4 3,300 3,300 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/26/2026 @ 15:18

MLS: 1160519 LISTED BY: Chrissy Caputo, Austin Summit Group 512-250-0253 SOURCE: ACTRIS

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