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

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

Overview

  • Property ID
  • 2518817
  • 8 Bedrooms
  • 5.5 Bathrooms
  • 5,062 ft2
  • 4 ac

Description

INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: 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

Outdoor Details
balcony
Other Features
Electrical Utility Available
Has Garage
Private Yard
See Remarks
Property Id : 2518817
Price: $ 2,250,000
Property Size: 5,062 ft2
Property Lot Size: 4 ac
Bedrooms: 8
Bathrooms: 5.5
Syndication Remarks: INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: 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
Parking Features: Additional Parking, Carport, Circular Driveway, Garage, Garage Faces Side
Lot Size(acres): 3.747
Lot Size(sf): 163219.32
Country: US
Last Listing Change: 2025-11-20T20:29:24.547Z
Property Key: 48453|521480|1|75218093
Status Contractual Search Date: 2025-04-22
Listing Key Numeric: 195164768
Est. Taxes: 4053
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 37
Last Price Change: November 6, 2025 at 06:33pm
State: TX
Last Status Change: April 22, 2025 at 01:51pm
Street Name: Grace
Laundry Location: See Remarks
Street# Ext.: 502
Street#: 502
Street Suffix: LN
#Dining: 1
#Living: 2
#Other Level Beds: 5
Property Match: APN
$/SF: 444.49
Accessibility Features: None
Full Baths: 5
Half Baths: 1
Total Baths: 5.5
Community Features: None
Construction Materials: Brick, HardiPlank Type
Cooling: Central Air
Covered Spaces: 2
Faces: East
Directions: Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
Elem School: Forest Trail
Elem School District: Eanes ISD
Fencing: Barbed Wire
Fireplace Features: Great Room
#Fireplaces: 1
Flooring: See Remarks
Foundation Details: Slab
Garage Spaces: 2
Heating: Central
High School: Westlake
High School District: Eanes ISD
Levels: Two
Listing ID: 7556083
Listing Terms: Cash, Conventional, FHA, VA Loan
SF Source: Builder
Lot Features: Back to Park/Greenbelt, Back Yard, Gentle Sloping
MLS Area Major: 8W
Main Level Beds: 3
Middle School: West Ridge
Middle School District: Eanes ISD
Status: Active
Other Structures: Guest House, Second Residence
Parcel#: 01213401210000
Patio And Porch Features: Deck, Patio, Terrace
Pool Features: None
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Above Ground, Electricity Available, Propane, Water Available
View: Canyon, Creek/Stream, Park/Greenbelt, Trees/Woods
Water Source: Municipal Utility District (MUD)
Waterfront Features: Creek
Window Features: See Remarks
Year Built: 1974
$ 15,408.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,377.22
Sun 01 Mar
Mon 02 Mar
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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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