502 Grace Lane

Austin, TX 78746
$2,250,000
4,200 sqft

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

Property Type: Commercial - Other
MLS Status: Active
MLS: 2688259
Year Built:
County: Travis
Tract or Division: Rob Roy West
List Date: 03/09/2026
Area: 8W
Square Feet: 4,200
Total Beds:
Full Baths:
Half Baths:
Acres: 3.75
Lot Size (sqft): 163,350

800.451.8055

Share the Listing:

Exterior Features

 
Parking:
  • AttachedCarport
  • AdditionalParking
  • CircularDriveway
  • Garage
  • Gravel
  • SeeRemarks
Siding:
  • SeeRemarks

Utilities

 
Utilities:
  • ElectricityConnected
  • SeeRemarks

Additional Property Details

 
Listing Agent: Beth Sher
Co-Listing Agent: Mary Anne McMahon
Broker: Christie's Int'l Real Estate
Listed by: Beth Sher, Christie's Int'l Real Estate
Phone: 512.270.8586

Location

Schools

School Name Grades Admission
West Ridge Middle School 6 - 8 Regular
Westlake High School 9 - 12 Regular
Forest Trail Elementary School KG - 5 Regular
3 Schools

*All school information should be verified by local Independent School District.

Nearby Properties

$2,350,000
$2,350,000
$2,321,550
$2,300,000
$2,300,000
$2,300,000
$2,299,000
$2,290,000

* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

Skip to content