1 month on rocket

503 Krebs Ln, Austin, TX, 78704

$1,500,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
3,172 SqFt
$473/SqFt
Condo
Schools Nearby

Location

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503 Krebs Ln, Austin$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Off Street, Private
Garage3 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewNeighborhood
MLS #1158030
Lot Size0.18 Acres
StatusActive

About 503 Krebs Ln

Buyer incentive with builders preferred lender. Investor's dream! This new construction duplex is perfect for STR or LTR. It's located in a highly desirable area of 78704, close to S. Congress and S. First shops and restaurants, minutes from Lady Bird Lake and St. Edwards University. Includes 1-2-10 Builder's warranty. House is considered a site built condo, there is an HOA but just for the two units not for the neighborhood. The buyers can elect to terminate HOA after close.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 3,172 SqFt

Listing Office:

  • Office Name: 1836 Realty & Property Mgmt
  • Office Phone: (512) 994-4323
  • Listing Agent: Kali Sanchez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Gas Cooktop, Disposal, Microwave
  • Flooring Type: Tile, Vinyl
  • Interior: Separate/Formal Dining Room, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: Balcony, Private Entrance, Private Yard

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage, Off Street, Private

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Private, Sprinklers
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Travis High School, Public District Grades 9-12
  • Fulmore Middle School, Public District Grades 6-8
  • Galindo Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Ben White go North on S. First, turn right on Krebs lane and house is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $473/SqFt

HOA Fees:

  • Amount: $80
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,680
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

503 Krebs Ln vs Austin

33 DAYS ON ROCKET

-13 Days

$1,500,000

+$931.6K More

$473/SqFt

+$162 More

KEY TAKEAWAY

This property is $931.6K more than the Median Sold Price and $162/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #1158030

Listing Office:

  • Office Name: 1836 Realty & Property Mgmt
  • Office Phone: (512) 994-4323
  • Listing Agent: Kali Sanchez

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 2024 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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/4/2024, 12:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,680$328,700
2019$7,050$334,005
2018$6,137$315,218
2017$6,329$277,213

History based on county public records data.

Payment Calculator

$7,634

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5940991
2
/10
  • Galindo Elementary School

  • 3800 S 2nd St

  • 0.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5940992
4
/10
  • Fulmore Middle School

  • 201 E Mary St

  • 1.54 miles

  • Public District Grades 6-8

High School

school-card-donut-5940993
3
/10
  • Travis High School

  • 1211 E Oltorf St

  • 1.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Krebs Ln

What is the listing price of this property?

The listing price of 503 Krebs Ln property is $1,500,000.

What type of property is this?

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

Is this property for sale now?

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

What are the assigned schools for this property?

The assigned schools for 503 Krebs Ln are:
Galindo Elementary School: GreatSchools Rating 2/10
Fulmore Middle School: GreatSchools Rating 4/10
Travis High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,680 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

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

What is the square footage of this property?

The property 503 Krebs Ln is 3,172 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Krebs Ln is 2023.

Rocket HomesTexasTravis CountyAustin78704503 Krebs Ln

This home is located at 503 Krebs Ln in Austin, TX and zip code 78704 in the Dawson neighborhood. This 3,172 square foot home, which was built in 2023, sits on a 0.18 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,500,000.

In April 2024 more than 195 listings in Austin, TX were sold above the asking price. During the same period more than 158 listings were sold at asking price, while more than 571 were sold below. The inventory of homes for sale in Austin, TX between March 2024 and April 2024 increased by 18.7%. In April 2024 median list price was $568,336 and the average listing age was 46 days.

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

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