412 KREBS LANE, AUSTIN, TX 78704
Homes for sale in Austin.
Homes for sale in 78704.
List Price$538,000
412 Krebs Lane
Austin, TX 78704
Listing #1160519
About This Property
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.
Property Features
Location Information
County
Travis
Subdivision
Williamson Sec 02
County
Travis
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.
Area
6
Interior Features
Interior
Ceiling Fan(s), Main Level Primary, See Remarks
Floors
See Remarks
Primary Bedroom On Main
Yes
Laundry
Main Level
Full Baths
1
Disabled Features
See Remarks
Number of Fireplaces
0
Appliances
Free-Standing Gas Range, Microwave, See Remarks
Heating
Central
Accessibility
See Remarks
Exterior Features
Style
See Remarks
Parking Description
Attached Carport, Driveway
Stories
1
Garage Spaces
1
Is New Construction
No
Fencing
See Remarks
Construction/Exterior
See Remarks
Lot Size in Acres
0.177
Exterior
No Exterior Steps, See Remarks
Waterfront Description
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Close Of Escrow
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
School
Elementary School District
Austin ISD
Middle School
Lively
Elementary School
Galindo
High School
Travis
Additional Information
Roof/Attic
Shingle
APN
04080402240000
Other Utilities
Natural Gas Connected
Status
Active
Property Type
SFR
Documents Available
None
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1958
Similar Listings
Mortgage Calculator
$2,511
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,938
Monthly Tax
$448
Monthly Insurance
$125
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of: Austin Summit Group (512) 250-0253
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is 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. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at June 11, 2026, 7:40 PM CT
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