502 GRACELANE LANE, AUSTIN, TX 78746
Homes for sale in Austin.
Homes for sale in 78746.
List Price$2,250,000
502 GraceLane Lane
Austin, TX 78746
Listing #5388435
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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