502 Grace Ln, Austin, TX

$2,340,000

Previous Next

8

Beds

5.1

Baths

5,062

Square feet

3.75

Acres

About 502 Grace Ln

INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: 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

Features of 502 Grace Ln

MLS® # 7556083
Price $2,340,000
Bedrooms 8
Bathrooms 6.00
Full Baths 5
Half Baths 1
Square Footage 5,062
Acres 3.75
Year Built 1974
Type Residential
Sub-Type Single Family Residence
Status Active
Has Pool No

Water Feature/View

View Canyon,ParkGreenbelt,CreekStream,TreesWoods
Is Waterfront No

Community Information: Austin

Address 502 Grace Ln
Area 8W
Subdivision Rob Roy West
City Austin
County Travis
State TX
Zip Code 78746

Amenities of 502 Grace Ln

Utilities Above Ground Utilities, Electricity Available, Propane, Water Available
Features None
Parking Additional Parking, Circular Driveway, Carport, Garage, Garage Faces Side
# of Garages 2

Interior of 502 Grace Ln

Interior See Remarks
Appliances See Remarks
Heating Central
Fireplace No
# of Fireplaces 1
Fireplaces Great Room
# of Stories 2
Stories Two

Exterior of 502 Grace Ln

Exterior Features Balcony, Private Yard, See Remarks
Lot Description Back Yard, Backs to Greenbelt/Park, Gentle Sloping
Roof Shingle
Construction Brick, HardiPlank Type
Foundation Slab

School Information

District Eanes ISD
Elementary Forest Trail
Middle West Ridge
High Westlake

Additional Information On 502 Grace Ln

Days on Market 190
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

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: Christie's Int'l Real Estate(512) 368-8078. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 28th, 2025 at 7:09pm 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 Grace Ln, Austin

Request a Showing

Provide a valid email address.
When would you like to view this property?