About 502 Gracelane Ln
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.
Water Feature/View
| View |
ParkGreenbelt,Hills,CreekStream,TreesWoods
|
| Is Waterfront |
No
|
Amenities of 502 Gracelane Ln
| Utilities |
Electricity Connected, Natural Gas Available, See Remarks
|
| Parking |
Detached Carport, Garage
|
Interior of 502 Gracelane Ln
| Interior |
See Remarks
|
| Heating |
Central
|
| Fireplace |
No
|
Exterior of 502 Gracelane Ln
| Construction |
See Remarks
|
| Foundation |
See Remarks
|
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Christies Intl Real Estate Lone Star(512) 270-8586. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 12:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Map to 502 Gracelane Ln, Austin
