Overview

  • Single Family Residence
  • Property Type
  • 9
  • Bedrooms
  • 5
  • Bathrooms
  • 5000
  • Sq Ft
  • 1978
  • Year Built
  • 3.74
  • Lot Sq Ft

Description

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK
INVESTMENT/BUILDER OPPORTUNITY: No Zoning Restrictions 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.

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Interior Features

Living Area
5000
Price per Sqft
440
Levels
Two
Living Room
5
Flooring
See Remarks
# Other Level Beds
1
Dining Rooms
5
Main Level Bedrooms
8
Bedrooms
9
Full Bathrooms
5
Half Bathrooms
0
Total Bathrooms
5
Fireplace
1
Fireplace Description
See Remarks
Laundry Location
Laundry Closet
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
See Remarks
Window Features
See Remarks
Interior Features
See Remarks
Appliances
See Remarks

Utilities

Utilities
See Remarks, Electricity Connected, Natural Gas Available

Exterior Features

Roof
Shingle
Waterfront
No
Property Condition
See Remarks
Foundation Details
See Remarks
View
No
Fencing
Wood
Water Source
See Remarks, Well
Other Structures
Guest House, Residence, Second Residence
Spa Features
Parking Features
Detached Carport, Garage
Pool
No
Lot Size
3.74 Acres
Sewer
Septic Tank
Exterior Features
See Remarks

School Information

Elementary School
Forest Trail
Middle School
West Ridge
High School
Westlake

Other Property Details

MLSⓇ ID
5388435
MLS Board
Unlock MLS
Direction Faces
West
Community Features
None
Accessibility Features
None
Lot Features
Back to Park/Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views
FEMA Flood Plain
No

TAX Details*

Estimated Taxes
$5,484.00

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
550613
List Agent Name
Beth Sher
Listing Broker
Christies Intl Real Estate Lone Star
Contractual Search Date / Listed
2026-07-15

Other Details

Pets Allowed
[mls_disclaimer]

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Amit Shanghvi

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