503 Krebs Ln
Description
Upstairs in each unit, you'll find three spacious bedrooms and two full bathrooms, ensuring comfort and privacy for all occupants. Both units feature...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!
Listing Agents
![Casey Marquez]()
casey.marquez@compass.comP: (210)-789-0876
![Jana Birdwell]()
jana.birdwell@compass.comP: (512)-784-8600
Property Details for 503 Krebs Lane
Property Details for 503 Krebs Lane
| Status | Active |
|---|---|
| MLS # | 2407087 |
| Days on Market | 74 |
| Taxes | $30,066 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Residential / Condominium |
| Year Built | 2022 |
| County | Travis County |
Location
Virtual Tour
Building Information for 503 Krebs Lane
Payment Calculator
$7,954 per month
30 year fixed, 6.845% Interest
$5,449
$2,506
$0
Property Information for 503 Krebs Lane
- Garage Spaces: 3
- Parking Total: 4
- Parking Features: Garage
- Covered Spaces: 3
- Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Quartz Counters
- Flooring: Carpet Free, Tile, Wood
- Appliances: Dishwasher, FreeStandingGasRange, Refrigerator, StainlessSteelAppliances, TanklessWaterHeater
- Fireplace: No
- Fireplaces Total: 0
- Laundry Features: LaundryCloset, UpperLevel
- Restrictions: CityRestrictions
- Exterior Features: Balcony, Private Yard
- Construction Materials: Frame, Hardiplank Type
- Foundation Details: Slab
- Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Balcony
- Roof: Metal
- Fencing: Back Yard, Gate
- Direction Faces: Northeast
- Window Features: DoublePaneWindows
- Accessibility Features: None
- Community Features: None
- FEMA Flood Plain: No
- Lot Features: Back Yard
- Horse: No
- Horse Amenities: None
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Electricity Available, Water Connected
- Room Type: PrimaryBathroom
- Room Level: Second
- Room Features: DoubleVanity, QuartzCounters, WalkInShower
- Room Type: PrimaryBedroom
- Room Level: Second
- Room Features: CeilingFans, WalkInClosets
- Room Type: Kitchen
- Room Level: Main
- Room Features: BreakfastBar, DiningArea, KitchenFamilyRoomCombo, QuartzCounters
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Association: No
- Tax Assessed Value: $1,517,095
- Tax Year: 2024
- Tax Rate: 1.97%
- Security Features: None
- Directions: From W Ben White Blvd, left onto S 1st Street, right onto Krebs. House is on the right.
Property History for 503 Krebs Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 11, 2025 | Listed (Active) ACTRIS #2407087 | — | |
| Jun 26, 2025 | Active Under Contract ACTRIS #2407087 | — | |
| Jun 6, 2025 | Price Change ACTRIS #2407087 | $1,040,000 | — |
| May 8, 2025 | Price Change ACTRIS #2407087 | $1,090,000 | — |
| Apr 15, 2025 | Listed (Active) ACTRIS #2407087 | $1,250,000 | — |
| Mar 23, 2025 | Withdrawn ACTRIS #2027851 | — | |
| Mar 23, 2025 | Temporarily Off Market ACTRIS #2027851 | — | |
| Jan 27, 2025 | Price Change ACTRIS #2027851 | $1,250,000 | — |
| Dec 23, 2024 | Price Change ACTRIS #2027851 | $1,275,000 | — |
| Nov 21, 2024 | Listed (Active) ACTRIS #2027851 | $1,299,000 | — |
| May 14, 2024 | Withdrawn ACTRIS #1158030 | — | |
| Mar 31, 2024 | Listed (Active) ACTRIS #1158030 | $1,500,000 | — |
| Mar 30, 2024 | Expired ACTRIS #3200923 | — | |
| Aug 17, 2023 | Listed (Active) ACTRIS #3200923 | $1,745,000 | — |
| Aug 30, 2021 | Sold ACTRIS #4939278 | — | |
| Jul 23, 2021 | Pending ACTRIS #4939278 | $640,000 | — |
| Jul 20, 2021 | Listed (Active) ACTRIS #4939278 | $640,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/11/2025 | Listed (Active) ACTRIS #2407087 | — |
| 06/26/2025 | Active Under Contract ACTRIS #2407087 | — |
| 06/06/2025 | Price Change ACTRIS #2407087 | $1,040,000 |
| 05/08/2025 | Price Change ACTRIS #2407087 | $1,090,000 |
| 04/15/2025 | Listed (Active) ACTRIS #2407087 | $1,250,000 |
| 03/23/2025 | Withdrawn ACTRIS #2027851 | — |
| 03/23/2025 | Temporarily Off Market ACTRIS #2027851 | — |
| 01/27/2025 | Price Change ACTRIS #2027851 | $1,250,000 |
| 12/23/2024 | Price Change ACTRIS #2027851 | $1,275,000 |
| 11/21/2024 | Listed (Active) ACTRIS #2027851 | $1,299,000 |
| 05/14/2024 | Withdrawn ACTRIS #1158030 | — |
| 03/31/2024 | Listed (Active) ACTRIS #1158030 | $1,500,000 |
| 03/30/2024 | Expired ACTRIS #3200923 | — |
| 08/17/2023 | Listed (Active) ACTRIS #3200923 | $1,745,000 |
| 08/30/2021 | Sold ACTRIS #4939278 | — |
| 07/23/2021 | Pending ACTRIS #4939278 | $640,000 |
| 07/20/2021 | Listed (Active) ACTRIS #4939278 | $640,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 503 Krebs Lane
Schools near 503 Krebs Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Galindo Elementary School PublicPK to 5 | ||
Lively Middle School Public6 to 8 | ||
Travis High School Public9 to 12 | ||
Leadership Academy Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.