502 GRACELANE LANE, AUSTIN, TX 78746

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Homes for sale in 78746.


Active

List Price$2,200,000

502 GraceLane Lane

Austin, TX 78746

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #4212388

5,000

Square Feet

Commercial

Type

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

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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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