502 Grace LN, Austin TX 78746

Residential Active
  • $2,250,000
37
502 Grace LN, Austin TX 78746
32 More
Residential Active

502 Grace LN, Austin TX 78746

  • $2,250,000

Overview

  • Single Family Residence
  • Property Type
  • 8
  • Bedrooms
  • 5.5
  • Bathrooms
  • 5062
  • Sq Ft
  • 1974
  • Year Built
  • 3.747
  • Lot Sq Ft

Description

INVESTMENT/BUILDER OPPORTUNITY: 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

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Interior Features

Living Area
5062
Price per Sqft
444.49
Levels
Two
Living Room
2
Flooring
See Remarks
# Other Level Beds
5
Dining Rooms
1
Main Level Bedrooms
3
Bedrooms
8
Full Bathrooms
5
Half Bathrooms
1
Total Bathrooms
5.5
Fireplace
1
Fireplace Description
Great Room
Laundry Location
See Remarks
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
Deck, Patio, Terrace
Window Features
See Remarks
Interior Features
See Remarks
Appliances
See Remarks

Utilities

Utilities
Above Ground, Electricity Available, Propane, Water Available

Exterior Features

Roof
Shingle
Waterfront
No
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
Barbed Wire
Water Source
Municipal Utility District (MUD)
Other Structures
Guest House, Second Residence
Spa Features
Parking Features
Additional Parking, Carport, Circular Driveway, Garage, Garage Faces Side
Pool
No
Lot Size
3.75 Acres
Sewer
Septic Tank
Exterior Features
Balcony, Private Yard, See Remarks

School Information

Elementary School
Forest Trail
Middle School
West Ridge
High School
Westlake

Other Property Details

MLSⓇ ID
3915094
MLS Board
Unlock MLS
Direction Faces
East
Community Features
None
Accessibility Features
None
Lot Features
Back to Park/Greenbelt, Back Yard, Gentle Sloping
FEMA Flood Plain
See Remarks

TAX Details*

Estimated Taxes
$4,053.00

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
550613
List Agent Name
Beth Sher
Listing Broker
Christie's Int'l Real Estate
Contractual Search Date / Listed
2026-03-07

Other Details

Pets Allowed
[mls_disclaimer]

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Amit Shanghvi

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