For Sale Commercial MLS# ACT4212388

502 GraceLane Ln

Austin, TX 78746

$2,200,000

Take the tour

About 502 GraceLane Ln

NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK 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 to utilize the buildings for commercial, 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 propane tanks ensure convenience and self-sufficiency. Three structures totaling approx 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 589 sq ft guest house.

Property details

Property

MLS type
Commercial Sale
Status
Active
Year built
1978
Lot
3.74 AC / 162,914 SF
Original price
$2,200,000
MLS #
4212388

Interior

Heating
Central
Cooling
Central Air

Exterior & lot

View
Creek/Stream, Hill Country, Park/Greenbelt, Trees/Woods
Parking
Detached Carport, Garage

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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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.