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Keenan Group#1 Austin Board of Realtors Team 2024

This property has sold on February 24, 2026. Looking for something similar? Contact us or browse available homes.

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Off Marketas of Jun 5, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$499,000

last listed

507 Krebs Ln, Austin, TX 78704

South Congress•MLS# 2241689
3beds
1bath
1,025sqft
Built1958

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

3 bed, 1 bath, 1,025 sqft on 0.18 acres in South Congress. Austin, TX 78704. Last listed at $499,000, sold February 24, 2026. Austin ISD.

About This Home

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.

Property Type
Residential
Year Built
1958
Lot Size
0.18 acres
Price / Sq Ft
$487

Listing information last updated March 21, 2026.

Listed by Horizon Realty

MLS# 2241689 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Bookcases
Breakfast Bar
Quartz Counters
No Interior Steps
Primary Bedroom on Main
Dishwasher

Facts & Features

Interior

Features

  • Bookcases
  • Breakfast Bar
  • Quartz Counters
  • No Interior Steps
  • Primary Bedroom on Main

Appliances

  • Dishwasher
  • Disposal
  • Exhaust Fan
  • Gas Cooktop
  • Microwave
  • Free-Standing Range
  • Self Cleaning Oven
  • Stainless Steel Appliance(s)
  • Water Heater

Flooring

  • Tile
  • Vinyl
Heating
Central,Natural Gas
Cooling
Central Air
Exterior & Lot

Features

  • Gutters Full
  • Private Yard

Lot Features

  • Back Yard
  • City Lot
  • Interior Lot
  • Landscaped
  • Level
  • Trees-Moderate

Fencing

  • Fenced
  • Privacy
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Composition
Lot Size
0.18 Acres

Parking

  • Carport
Financial
Original List Price
$725,000
Price per Sq Ft
$487
Utilities
  • Electricity Available
  • Natural Gas Available
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 507 Krebs LN, whoever represented it.

  1. SoldFebruary 24, 2026
    Listed at: $725,000MLS 2241689
  2. ExpiredListed 2025
    Asking rent: $3,800/moOriginal asking rent: $3,800/moMLS 7611367

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$499,000
Original list
$725,000
Price movement
$226K reduction
Listed / DOM
Feb 11, 2025

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$628,814
Assessment Year
2025
Year Built
1958
Parcel ID
000000310982
$911K
$531K
$530,813
2022
$743,352
+40.0% from prev
2023
$910,521
+22.5% from prev
2024
$628,814
-30.9% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-30.9%
—$628,814——
2024+22.5%
—$910,521$450,000$308,313
2023+40.0%
—$743,352$450,000$460,521
2022
—$530,813$360,000$383,352
5-Year Change18.5%

Virtual Tour

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Map showing 507 Krebs LN
507 Krebs LN
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Travis

High SchoolGrades 9-12Zoned assignment

Lively

Middle SchoolGrades 6-8Zoned assignment

Galindo

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$2,721

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($100K)

Adjustable assumption - not a lending recommendation.

Home price

$499,000

Loan: $399K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on South Congress pricing, timing, and property scale. No automated valuation claim.

List price

$499,000

Price per sqft

$487/sqft

Vs. Neighborhood guide reference price

-32.1%

$735K · South Congress neighborhood guide · reference price

Days on market

Not available

Original to current

$226K reduction

$725K original

Active inventory context

60 listings

Price Position in South Congress

Neighborhood guide reference price $735KThis home $499K

Listed 32% below the South Congress neighborhood guide reference price. South Congress neighborhood guide · reference price.

Seller's Market - 60 active listings

Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

What school district is 507 Krebs Ln in?

507 Krebs Ln is zoned for Austin ISD with assigned schools: Galindo (elementary), Lively (middle), Travis (high). School assignments should be verified directly with the district.

What are the property details for 507 Krebs Ln?

507 Krebs Ln is a Residential built in 1958 featuring 3 bedrooms, 1 full bathrooms, 1,025 square feet, 0.18-acre lot.

What is the price per square foot at 507 Krebs Ln?

507 Krebs Ln was last listed at $487 per square foot across 1,025 sqft. The South Congress neighborhood guide reference price is $735,000 (South Congress neighborhood guide · reference price).

What are the property taxes for 507 Krebs Ln?

The most recent annual property tax for 507 Krebs Ln is $16,080. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How does 507 Krebs Ln compare with other homes in South Congress?

507 Krebs Ln was last listed at $499,000 and sold on February 24, 2026. The current MLS snapshot shows 127 active listings in 78704. Keenan Group has completed 49 verified transactions in 78704 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's South Congress guide for current neighborhood analysis.

When was 507 Krebs Ln built?

507 Krebs Ln was built in 1958 (68 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about South Congress?

South Congress is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in South Congress real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • South Congress area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for South Congress

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 6/5/2026, 1:40:05 PM. 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.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 6/5/2026, 1:40:05 PM

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