502 GRACELANE LANE, AUSTIN, TX 78746
Homes for sale in Austin.
Homes for sale in 78746.
List Price$2,200,000
502 GraceLane Lane
Austin, TX 78746
Listing #4212388
About This Property
NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK 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. The possibilities are endless. The property itself is a wonderland. A comfortable 2500 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 to utilize the buildings for commercial, a sprawling estate, a community haven, or a source of income, the choice is yours. Since the 1970s, the property has enjoyed freedom from zoning restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and propane tanks ensure convenience and self-sufficiency. Three structures totaling approx 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 589 sq ft guest house.
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
Heating
Central
Disabled Features
None
Floors
See Remarks
Accessibility
None
Exterior Features
Style
See Remarks
Parking Description
Detached Carport, Garage
Is New Construction
No
Lot Size in Acres
3.74
Construction/Exterior
See Remarks
Buildings
3
Foundation
See Remarks
Has Waterfront
No
Possession
Closing & Funding
Has View
Yes
Water / Sewer
Septic Tank
View
Park/Greenbelt, Hills, Creek/Stream, Trees/Woods
Water
See Remarks, Well
Additional Information
Other Utilities
Electricity Connected, Natural Gas Available, See Remarks
APN
534871
Property Type
COM
Status
Active
Property SubType
Other
Documents Available
Survey, Topographical Survey
Year Built
1978
Similar Listings
Mortgage Calculator
$10,273
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,927
Monthly Tax
$1,833
Monthly Insurance
$513
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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