502 GRACE LANE, AUSTIN, TX 78746
Homes for sale in Austin.
Homes for sale in 78746.
502 Grace Lane
Austin, TX 78746
List Price$2,250,000
Listing #7556083
About This Property
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
Property Features
Location Information
County
Travis
Subdivision
Rob Roy West
County
Travis
Directions
Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
Area
8W
Interior Features
Interior
See Remarks
Heating
Central
Full Baths
5
Floors
See Remarks
1/2 Baths
1
Laundry
See Remarks
Has Fireplace
Yes
Disabled Features
None
Number of Fireplaces
1
Appliances
See Remarks
Fireplace Description
Great Room
Accessibility
None
Exterior Features
Style
Brick, HardiPlank Type
Parking Description
Additional Parking, Circular Driveway, Carport, Garage, Garage Faces Side
Stories
2
Garage Spaces
2
Is New Construction
No
Fencing
Barbed Wire
Construction/Exterior
Brick, HardiPlank Type
Lot Size in Acres
3.747
Exterior
Balcony, Private Yard, See Remarks
Waterfront Description
Creek
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Close Of Escrow
Has View
Yes
Water / Sewer
Septic Tank
View
Canyon, Park/Greenbelt, Creek/Stream, Trees/Woods
Water
Municipal Utility District
School
Elementary School District
Eanes ISD
Middle School
West Ridge
Elementary School
Forest Trail
High School
Westlake
Additional Information
Roof/Attic
Shingle
APN
01213401210000
Other Utilities
Above Ground Utilities, Electricity Available, Propane, Water Available
Status
Active
Property Type
SFR
Documents Available
Survey, Topographical Survey
Property SubType
Single Family Residence
Square Feet Source
Builder
Year Built
1974
Similar Listings
Mortgage Calculator
$10,507
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,107
Monthly Tax
$1,875
Monthly Insurance
$525
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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