For Sale Lot / Land MLS# ACT7216138

502 Grace Ln

Austin, TX 78746

$2,200,000

Take the tour

About 502 Grace Ln

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY: Escape the ordinary and enter a realm of enchantment at 502 Grace Lane. Nestled in the Eanes Independent School District, this sprawling property boasts breathtaking canyon views and ancient forests. The possibilities are endless. The property itself is a wonderland. A comfortable 2500 sq ft main house offers a perfect sanctuary, while a charming duplex and a quaint guest house provide additional space or income potential. Cascading tiers lead down to a mesmerizing creek, all encompassed by pristine woodlands. This legal tract is a blank canvas for your vision. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. Since the 1970s, the property has enjoyed freedom from zoning restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and potential for MUD districts ensure convenience and self-sufficiency. Three structures totaling 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 500 sq ft guest house.

Property details

Property

Type
Unimproved Land
MLS type
Land
Status
Active
Lot
3.74 AC / 162,914 SF
Original price
$2,250,000
MLS #
7216138

Exterior & lot

Lot
Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views
Fence
Wood
View
Creek/Stream, Hill Country, Park/Greenbelt, Trees/Woods
Waterfront
Creek, Dry/Seasonal

Schools

District
Eanes ISD
Elementary
Forest Trail
Middle
West Ridge
High
Westlake

Utilities

Utilities
Electricity Connected, Natural Gas Available
Water
Well
Sewer
Septic Tank

Financial

Annual tax
$5,484
Tax year
2025
Parcel
534871
Legal
IMPS ONLY ABS 734 SUR 499 SERGEANT W ACR 3.752
Special conditions
Standard

Location

Subdivision
Rob Roy West
County
Travis
Directions
Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.

Location

Neighborhood
Rob Roy West

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Questions on 502 Grace Ln, or want to see it in person?

Listed by Beth Sher, Christies Intl Real Estate Lone Star

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.