502 Grace LN, Austin TX 78746,Austin,Travis,Land

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

Overview

  • Property ID
  • 2819019
  • 4 ac

Description

INVESTMENT/BUILDER OPPORTUNITY: Seller Financing Option: 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. 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 restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and nearby MUD districts ensure convenience and self-sufficiency. 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

Other Features
Electrical Utility Available
Property Id : 2819019
Price: $ 2,250,000
Property Lot Size: 4 ac
Syndication Remarks: INVESTMENT/BUILDER OPPORTUNITY: Seller Financing Option: 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. 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 restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and nearby MUD districts ensure convenience and self-sufficiency. 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
Lot Size(acres): 3.74
Lot Size(sf): 162914.4
Country: US
Last Listing Change: 2026-05-30T13:50:40.430Z
Out of State County: TX
Property Key: 48453|534871|1|75187882
Status Contractual Search Date: 2026-03-07
Listing Key Numeric: 221769630
Est. Taxes: 5484
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: See Remarks
#Photos: 39
State: TX
Last Status Change: March 7, 2026 at 04:53pm
Street Name: Grace
Street# Ext.: 502
Street#: 502
Street Suffix: LN
Out of State City: Austin
Property Match: APN
Community Features: None
Directions: Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
Elem School: Forest Trail
Elem School District: Eanes ISD
High School: Westlake
High School District: Eanes ISD
Listing ID: 8425705
Listing Terms: See Remarks, Cash, Conventional, FHA
Lot Features: Back to Park/Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views
MLS Area Major: 8W
Middle School: West Ridge
Middle School District: Eanes ISD
Status: Active
Other Structures: Guest House, Residence, Second Residence
Parcel#: 534871
Sewer: Septic Tank
Special Listing Conditions: Standard, See Remarks
Utilities: See Remarks, Electricity Connected, Natural Gas Available
View: Creek/Stream, Hill Country, Park/Greenbelt, Trees/Woods
Water Source: See Remarks, Well
Waterfront Features: Creek, Dry/Seasonal
$ 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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