Austin, TX 78746 502 Grace Ln

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Presented By: Christie's Int'l Real Estate;
  • MLS# 7018863
  • 06/05/2025
  • Request Tour
  • Request Info
  • SQFT • 9,000
  • Garage • 1

Home Details

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.
Presented By: Christie's Int'l Real Estate;

Interior Features for 502 Grace Ln

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

General for 502 Grace Ln

Additional Parcels Y/NNo
Building FeaturesSee Remarks
CityAustin
Construction MaterialsSee Remarks
CountyTravis
Current UseCommercial, Multi-Family, Residential, Single Family
DirectionsBee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
DisclosuresSeller Provided Survey Available
Leasable Area3
Lease TypeSee Remarks
Lot Size Square Feet163219.32
MLS Area8W
New ConstructionNo
Operating Expense
Other StructuresGuest House, Second Residence
Property ConditionResale
Property SubtypeSee Remarks
Property TypeCommercial Sale
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameRob Roy West
Tax Assessed Value1271427
Tax Year2022
TopographyTopo Survey available
UtilitiesAbove Ground, Electricity Available, Propane, Water Available
ViewCanyon, Creek/Stream, Fields, Park/Greenbelt, Trees/Woods
Year Built1978
ZoningNo Zoning Restricitons

Exterior for 502 Grace Ln

Building Area Total9000
Horse Y/NNo
Lot Size Acres3.747
Number of Buildings3
Other EquipmentSee Remarks
Parking FeaturesAdditional Parking, Attached, Carport, Circular Driveway, Garage
Total Parking15
Water SourceMUD
Waterfront Y/NNo

Additional Details

Price History

Monika Jacobs

Realtor
Price $2,340,000
MLS#7018863
List Date 06/05/2025
Property Type Commercial
Phone 254.661.1955
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