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.
Listed by Chrissy Caputo
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License #472689
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Austin Summit Group
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(512) 250-0253
Listed by Mike Caputo
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License #473528
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Austin Summit Group
Last updated June 12, 2026
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Source: ACTRIS #1160519
Listing Facts
TypeSingle-family
NeighborhoodDawson
Bedrooms3
Bathrooms1
Days on Prevu4
Taxes$11,160.26/year
Size1,061 sqft
Price per sqft$507
Amenities
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
06/11/2026
Listed by Austin Summit Group
$538,000
Property Details for 412 Krebs LN
Association
Amenities
Community Features: See Remarks
Exterior
Construction
Property Condition: Resale
Roof: Shingle
Window Features: See Remarks
Year Built: 1958
Construction Materials: See Remarks
Exterior Features: No Exterior Steps, See Remarks
Features
Direction Faces: South
Fencing: See Remarks
Patio And Porch Features: See Remarks
Measurements
Lot Features: Back Yard, Few Trees, Level
Lot Size Acres: 0.17
Lot Size Area: 0
Lot Size Square Feet: 7,705
Financial
Taxes
Parcel Number: 04080402240000
Tax Annual Amount: $11,160.26
Tax Assessed Value: $545,338.00
Tax Year: 2026
Interior
Features
Appliances: Microwave, Free-Standing Gas Range, See Remarks
Flooring: See Remarks
Interior Features: Ceiling Fan(s), Primary Bedroom On Main, See Remarks
Measurements
Living Area: 1,061
Living Area Source: Public Records
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 3
Main Level Bedrooms: 3
Other
Features
Accessibility Features: See Remarks
Location
Subdivision Name: Williamson Sec 02
Tax Block: B
Tax Lot: 24
Parking
Parking
Attached Garage: Yes
Covered Spaces: 1
Garage Spaces: 1
Parking Features: Attached Carport, Driveway
Parking Total: 2
Schools
Elementary School
Elementary School: Galindo
Elementary School District: Austin ISD
High School
High School: Travis
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: Lively
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Natural Gas Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 1 bathroom in this single-family home at 412 Krebs LN.
What schools are nearby to 412 Krebs LN?
Nearby schools include the Galindo Elementary School, Lively Middle School, and Travis High School.
Does this single-family home have parking?
Yes, there is 1 parking space available for 412 Krebs LN.
What are the annual taxes for 412 Krebs LN?
Annual taxes for this single-family home are estimated at $11,160.
How does 412 Krebs LN compare to other single-family homes in Dawson?
This single-family home is listed 53% below the average price for single-family homes in Dawson and has been on the market for 48 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,061 sqft.
412 Krebs LN is a 3-bedroom, 1-bath single-family home for sale in Austin TX 78704. On Prevu for 4 days at $538,000. This property features 1,061 square feet of living space, located in Dawson. The median listing price for single-family homes in this area is $895,000. Nearby schools include Galindo Elementary School, Lively Middle School, and Travis High School. Property amenities include private outdoor space, air conditioning, parking, and swimming pool. Browse more single-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.