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Active under contract
  • Price cut: $25.9K (1/9)
    $499,000

    507 Krebs Ln, Austin, TX 78704

    3beds
    1,025sqft
    : 
    Single Family Residence
    Built in 1958
    7,797.24 Square Feet Lot
    $-- Zestimate®
    $487/sqft
    $-- HOA

    What's special

    Updated bathroomWood-look flooringSpacious bedroomsSleek stainless steel appliancesQuartz countertopsChic penny tile floorsFarmhouse sink
    Step inside this beautifully renovated, FULLY FURNISHED, midcentury modern ranch, where classic charm meets contemporary design. This home features an open, bright, and efficient floor plan that seamlessly connects the kitchen, dining, living areas, and a stunning outdoor oasis. The fully updated kitchen boasts a large butcher block peninsula, perfect for entertaining and overlooking the sunny dining area. Highlights include a farmhouse sink, quartz countertops, shaker-style cabinets, a stylish tile backsplash, soft-close cabinets and drawers, and sleek stainless steel appliances, including a Samsung smart oven. The inviting living room offers a wall of shelving, ideal for displaying your favorite decor or books, and is complemented by durable wood-look flooring and neutral tones throughout, creating a warm and welcoming atmosphere. The spacious bedrooms are flexible, with one offering the potential for a dedicated home office space. The updated bathroom is a serene retreat, featuring a luxurious soaking tub and chic penny tile floors. Outside, you'll fall in love with the private backyard shaded by a majestic pecan tree. Relax on the covered back patio with its tongue-and-groove ceiling, perfect for enjoying Austin’s pleasant weather. Located just minutes from downtown and the airport, with walking distance to Cosmic Coffee, Summer Moon, and Crux Climbing, this home offers the best of modern living in one of Austin’s most sought-after neighborhoods.
    398 days
    |
    66
    |
    0
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: January 21, 2026 at 11:42am

    Listed by:

    Penny Rose (512) 342-1800,

    Horizon Realty (512) 342-1800

    Source: Unlock MLS,MLS#: 2241689MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Features: None
    • Level: Main
    Bedroom
    • Features: None
    • Level: Main
    Primary bathroom
    • Features: Full Bath
    • Level: Main
    Family room
    • Features: See Remarks
    • Level: Main
    Kitchen
    • Features: Breakfast Bar, Open to Family Room, Plumbed for Icemaker
    • Level: Main
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Free-Standing Range, Self Cleaning Oven, Stainless Steel Appliance(s), Gas Water Heater
    Features
    • Bookcases, Breakfast Bar, Quartz Counters, French Doors, No Interior Steps, Primary Bedroom on Main, Washer Hookup
    • Flooring: Tile, Vinyl
    • Windows: Window Treatments
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,025 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Carport, See Remarks
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Gutters Full, Private Yard, See Remarks
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced, Privacy, Wood
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: None
    Lot
    • Size: 7,797.24 Square Feet
    • Features: Back Yard, City Lot, Interior Lot, Landscaped, Level, Trees-Moderate
    Details
    • Additional structures: Storage
    • Parcel number: 04080404150000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Williamson Sec 03
    HOA
    • Has HOA: No
    Location
    • Region: Austin

    Financial & listing details

    • Price per square foot: $487/sqft
    • Tax assessed value: $628,814
    • Annual tax amount: $16,080
    • Date on market: 2/11/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/21/2026Contingent$499,000$487/sqft
    Source: Unlock MLS #2241689 Report a problem
    1/9/2026Price change$499,000-4.9%$487/sqft
    Source: Unlock MLS #2241689 Report a problem
    11/19/2025Price change$524,900-4.4%$512/sqft
    Source: Unlock MLS #2241689 Report a problem
    11/1/2025Listing removed$3,800$4/sqft
    Source: Unlock MLS #7611367 Report a problem
    10/11/2025Price change$549,000-4.4%$536/sqft
    Source: Unlock MLS #2241689 Report a problem
    8/18/2025Price change$574,000-4.2%$560/sqft
    Source: Unlock MLS #2241689 Report a problem
    5/31/2025Listed for rent$3,800$4/sqft
    Source: Unlock MLS #7611367 Report a problem
    5/21/2025Price change$599,000-4.2%$584/sqft
    Source: Unlock MLS #2241689 Report a problem
    2/17/2025Price change$625,000-13.8%$610/sqft
    Source: Unlock MLS #2241689 Report a problem
    2/11/2025Listed for sale$725,000+45%$707/sqft
    Source: Unlock MLS #2241689 Report a problem
    8/6/2020Sold--
    Source: Realty Austin solds #7974621_78704 Report a problem
    7/13/2020Pending sale$499,900$488/sqft
    Source: Realty Austin #7974621 Report a problem
    7/10/2020Listed for sale$499,900$488/sqft
    Source: Realty Austin #7974621 Report a problem
    5/17/2016Sold--
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $628,814 -17.1%
    2024$15,028 -8.8%$758,313 -16.7%
    2023$16,474 +12.2%$910,521 +22.5%
    2022$14,681 $743,352 +40%
    2021-- $530,813 +58%
    2020$6,696 +3.8%$336,000
    2019$6,453 -2.6%$336,000 -3.9%
    2018$6,623 $349,786 +5.2%
    2017$6,623 +28.9%$332,500 +15.5%
    2016$5,137 $287,771 +16.8%
    2015$5,137 $246,286 +14.1%
    2014$5,137 $215,870 +5.8%
    2013-- $204,059 +10%
    2012-- $185,508 +10%
    2011-- $168,644
    2010-- $168,644
    2009-- $168,644
    2008-- $168,644 +3.3%
    2007-- $163,188
    2006-- $163,188 +6%
    2005-- $153,917 +0.3%
    2002$3,843 $153,436

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,036/mo
    Principal & interest
    $2429
    Property taxes
    $607
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      Climate risks

      Neighborhood: Dawson

      Getting around

      73 / 100
      Very Walkable
      49 / 100
      Some Transit
      70 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Galindo
      • Middle: Lively
      • High: Travis
      • District: Austin ISD

      Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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