502 Grace LN, Austin TX 78746

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

Overview

  • Updated On:
  • May 31, 2026
  • 8 Bedrooms
  • 5.5 Bathrooms
  • 5,062 ft2

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

Address: 502 Grace LN, Austin TX 78746
City:
State/County:
Zip: 78746
Country: United States

Property Id: 8964215
Price: $2,250,000
Property Size: 5,062 ft2
Property Lot Size: 4 ft2
Bedrooms: 8
Bathrooms: 5.5
ACTRIS_LaundryLocation: See Remarks
ACTRIS_NumDining: 1
ACTRIS_NumLiving: 2
Other Level Bedrooms: 5
AccessibilityFeatures: None
BathroomsFull: 5
BathroomsHalf: 1
CommunityFeatures: None
Cooling: Central Air
DirectionFaces: East
ElementarySchool: Forest Trail
ElementarySchoolDistrict: Eanes ISD
FireplaceFeatures: Great Room
FireplacesTotal: 1
Flooring: See Remarks
FoundationDetails: Slab
GarageSpaces: 2
Heating: Central
HighSchool: Westlake
ListOfficeName: Christies Intl Real Estate Lone Star
LivingAreaSource: Builder
LotFeatures: Back to Park/Greenbelt, Back Yard, Gentle Sloping
MiddleOrJuniorSchool: West Ridge
MLSAreaMajor: 8W
MlsStatus: Active
OtherStructures: Guest House, Second Residence
ParkingFeatures: Additional Parking, Carport, Circular Driveway, Garage, Garage Faces Side
PatioAndPorchFeatures: Deck, Patio, Terrace
PoolFeatures: None
Roof: Shingle
Sewer: Septic Tank
StateOrProvince: TX
Utilities: Above Ground, Electricity Available, Propane, Water Available
View: Canyon, Creek/Stream, Park/Greenbelt, Trees/Woods
WaterfrontFeatures: Creek
WaterSource: Municipal Utility District (MUD)
YearBuilt: 1974
ListingId: 3915094
ACTRIS_NumOtherLevelBeds: 5
ACTRIS_PropertyKey: 48453|521480|1|75218093
ListOfficePhone: (512) 270-8586
MainLevelBedrooms: 3
SyndicationRemarks: 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
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
ModificationTimestamp: May 30, 2026 at 01:51pm
ACTRIS_EstimatedTaxes: 4053
CoveredSpaces: 2
Fencing: Barbed Wire
ACTRIS_Country: US
LotSizeArea: 3.747
PropertyCondition: Resale

Other Features
Balcony
Electrical Utility Available
Has Garage
Private Yard
See Remarks

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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