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$1,040,000

503 Krebs Ln Austin, TX 78704

6 beds
4 full, 2 partial
3,158 sqft
0.2 acres
$329 / sqft
Condo

Property details

About 503 Krebs Ln

Discover the ultimate investment opportunity at 503 Krebs Lane in Austin, TX—a versatile duplex that offers the ideal setup for short-term or long-term rentals! This property features two distinct units, A and B, each boasting an open floor plan that seamlessly connects the living, dining, and kitchen areas, perfect for modern living or entertaining. Upstairs in each unit, you'll find three spacious bedrooms and two full bathrooms, ensuring comfort and privacy for all occupants. Both units feature an upstairs deck, providing a serene outdoor retreat for relaxation or quiet moments under the Texas sky. Unit A comes with a detached two-car garage, offering plenty of storage and parking space, while Unit B includes a one-car garage and a generously sized backyard, perfect for outdoor activities or potential enhancements. Whether you're looking to expand your investment portfolio or seeking a property that offers flexible living arrangements, this duplex is an investor's dream. With its prime location and superb features, 503 Krebs Lane is poised to deliver a lucrative return, catering to both short-term vacationers and long-term tenants alike. Don't miss out on this exceptional opportunity to own a piece of Austin's thriving real estate market!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size3,158 sqft
Lot size0.178 Acres
Year built2022
ParkingGarage
MLS #2407087
Garage3 spaces
ViewNeighborhood

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Flooring Type: Carpet Free, Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Double Vanity, Quartz Counters
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Private Pool: No
  • Parking: Garage
  • Waterfront: None
  • View: Neighborhood
  • Exterior: Balcony, Private Yard
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,040,000
  • Price/SqFt: $329
  • Annual Tax Amount: $8,887
  • Tax Year: 2024
  • Lot: Back Yard
  • Directions: From W Ben White Blvd, left onto S 1st Street, right onto Krebs. House is on the right.
  • Year Built: 2022
  • Stories: 2
  • Living Area: 3,158 SqFt
  • Lot Size: 0.178 Acres
  • MLS Number: 2407087
  • MLS Name: ACTRIS
  • Office Name: Compass RE Texas, LLC
  • Office Phone: (210) 789-0876
  • Listing Agent: Casey Marquez

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Last updated on: 7/16/2025, 5:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,517,095$8,887
2023$1,155,498$8,887
2022$681,089$8,887
2021$399,406$6,680
2019$334,005$7,050
2018$315,218$6,137
2017$277,213$6,328

History based on county public records data.

Nearby schools

5

Galindo Elementary School

Public District EE-5

0.3 mi

3800 S 2nd St

5

St. Elmo Elementary School

Public District PK-5

0.5 mi

600 W Saint Elmo Rd

1

Dawson Elementary School

Public District EE-5

0.5 mi

3001 S 1st St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,737. The most common annual income of people living in Austin, TX is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
50%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

73%
Single, No Kids
7%
Single, with Kids
9%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
46%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

About 503 Krebs Ln

The listing price of 503 Krebs Ln property is $1,040,000.

The property 503 Krebs Ln is a condo located in Austin, Texas, 78704.

Active Listing: 503 Krebs Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 Krebs Ln are: Galindo Elementary School (GreatSchools Rating 5/10), St. Elmo Elementary School (GreatSchools Rating 5/10), Dawson Elementary School (GreatSchools Rating 1/10), Lively Middle School (GreatSchools Rating 3/10), Kipp Paseo Preparatory School (GreatSchools Rating 4/10), Kipp Austin Beacon Preparatory (GreatSchools Rating 3/10), Premier High School of Austin (GreatSchools Rating 3/10), Leadership Academy (GreatSchools Rating 1/10), Phoenix Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $8,887 (source: MLS/based on county public records data).

The property at 503 Krebs Ln has 6 bedrooms and 4 full and 2 half bathrooms.

The property 503 Krebs Ln is 3,158 SqFt (source: MLS/tax record).

The year of construction for 503 Krebs Ln is 2022.

This home is located at 503 Krebs Ln in Austin, TX and zip code 78704 in the Dawson neighborhood. This 3,158 square foot home, which was built in 2022, sits on a 0.18 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $1,040,000.

In June 2025, from all listings sold in Austin, TX there were more than 108 sold above asking price, over 635 sold below and more than 149 were sold right at the asked price. In June 2025 in Austin, TX there were 7.4% more homes for sale than in May. Listings spent 51 days on the market in June 2025, and had a median list price of $575,928 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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