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$625,000

Beds
3
Baths
1.0
sq ft
1,025

507 Krebs Ln, Austin, TX 78704

507 Krebs Ln

Austin, TX 78704

  • 11 days on market
    • Price drop $100,000↓
Step inside this beautifully renovated 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.

Details

Property type

Single Family Residence

Est. home value

$789,756

Property condition

Updated/Remodeled

Lot size

7,797.24 sq ft

Price per sq ft

$610

Year built

1958

Annual property taxes

$16,080.33

HOA

No

Price History

02/17/2025
Austin

Austin #2241689

Price change
$625,000
-13.79%
02/11/2025
Austin

Austin #2241689

Listed
$725,000

Schools & Community

Neighborhood: 

Dawson

Elementary school: 

Galindo

Middle school: 

Lively

High school: 

Travis

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2020

Original loan amount

$420,010

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

New Conventional

Seller

Michael T Donoghue and Gina Donoghue

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 10:45 PM

Listing updated: 02/22/2025 at 4:29 PM

Listed by: Penny Rose, Horizon Realty Phone #: (512) 342-1800

MLS: Austin #2241689

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