502 GRACELANE LANE, AUSTIN, TX 78746

Homes for sale in Austin.

Homes for sale in 78746.


Active

List Price$2,250,000

502 GraceLane Lane

Austin, TX 78746

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

Listing #5388435

4

Bedrooms

2 full

Bathrooms

5,000

Square Feet

House

Type

About This Property

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY: 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 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 potential for MUD districts ensure convenience and self-sufficiency. Three structures totaling 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 500 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

Interior

See Remarks

Floors

See Remarks

Full Baths

2

Laundry

Laundry Closet

Has Fireplace

Yes

Disabled Features

None

Number of Fireplaces

1

Appliances

See Remarks

Fireplace Description

See Remarks

Accessibility

None

Heating

Central

Exterior Features

Style

See Remarks

Parking Description

Detached Carport, Garage

Stories

2

Garage Spaces

2

Is New Construction

No

Fencing

Wood

Construction/Exterior

See Remarks

Is a Horse Property

Yes

Exterior

See Remarks

Lot Size in Acres

3.74

Foundation

See Remarks

Waterfront Description

Creek, Seasonal

Possession

Closing & Funding

Has Waterfront

No

Water / Sewer

Septic Tank

Has View

Yes

Water

See Remarks, Well

View

Park/Greenbelt, Hills, Creek/Stream, Trees/Woods

School

Elementary School District

Eanes ISD

Middle School

West Ridge

Elementary School

Forest Trail

High School

Westlake

Additional Information

Roof/Attic

Shingle

APN

534871

Other Utilities

Electricity Connected, Natural Gas Available, See Remarks

Status

Active

Property Type

SFR

Documents Available

Survey, Topographical Survey, Water/Well Report

Property SubType

Single Family Residence

Square Feet Source

Public Records

Year Built

1978

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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