502 Grace LN, Austin TX 78746

$ 2,250,000
502 Grace LN, Austin TX 78746,

Overview

  • Property ID
  • 2516649
  • 4 ac

Description

NOT ZONED: Can be COMMERCIAL and/or RESIDENTIAL. INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: Seller Financing available. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. 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. Unbound by restrictions, the possibilities are endless. The property itself is a wonderland. A comfortable 2600 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. Since the 1970s, the property has enjoyed freedom from restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and nearby MUD districts ensure convenience and selfsufficiency. Three structures totaling 5062 sq ft await your arrival. 2600 sq ft home, 2 bed 1 bath duplex and 500 sq ft guest house. MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS NO ZONING RESTRICTIONS. LEGAL TRACT EXEMPT FROM REQUIREMENT TO PLAT.

Outdoor Details
Garage Attached
Other Features
Electrical Utility Available
Has Garage
Property Id : 2516649
Price: $ 2,250,000
Property Lot Size: 4 ac
Syndication Remarks: NOT ZONED: Can be COMMERCIAL and/or RESIDENTIAL. INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: Seller Financing available. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. 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. Unbound by restrictions, the possibilities are endless. The property itself is a wonderland. A comfortable 2600 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. Since the 1970s, the property has enjoyed freedom from restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and nearby MUD districts ensure convenience and selfsufficiency. Three structures totaling 5062 sq ft await your arrival. 2600 sq ft home, 2 bed 1 bath duplex and 500 sq ft guest house. MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS NO ZONING RESTRICTIONS. LEGAL TRACT EXEMPT FROM REQUIREMENT TO PLAT.
Parking Features: Additional Parking, Attached, Carport, Circular Driveway, Garage
Lot Size(acres): 3.747
Lot Size(sf): 163219.32
Country: US
Last Listing Change: 2025-11-20T20:31:36.633Z
Property Key: 48453|534871|1|75187882
Status Contractual Search Date: 2025-06-05
Listing Key Numeric: 199100396
Est. Taxes: 4053
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 25
Last Price Change: November 6, 2025 at 06:32pm
State: TX
Last Status Change: June 5, 2025 at 01:51pm
Street Name: Grace
Street# Ext.: 502
Street#: 502
Street Suffix: LN
Property Match: APN
$/Building Area: 250
Building Area Total: 9000
Building Features: See Remarks
Construction Materials: See Remarks
Current Use: Commercial, Multi-Family, Residential, Single Family
Directions: Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
Listing ID: 7018863
Listing Terms: Cash, Conventional, FHA
MLS Area Major: 8W
Status: Active
#Buildings: 3
Other Structures: Guest House, Second Residence
Parcel#: 01213401210001
Possession: Funding
Property Condition: Resale
Sewer: Septic Tank
Special Listing Conditions: Standard
Topography: Topo Survey available
Utilities: Above Ground, Electricity Available, Propane, Water Available
View: Canyon, Creek/Stream, Fields, Park/Greenbelt, Trees/Woods
Water Source: Municipal Utility District (MUD)
Year Built: 1978
$ 15,408.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,377.22
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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