502 GraceLane LN
  • $2,200,000

Overview

Property ID: 5388435
  • Single Family Home
  • Property Type
  • 9
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Garages
  • 5000 Sq Ft
  • Area Size
  • 1978
  • Year Built

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.

Listing courtesy of Christies Intl Real Estate Lone Star.

  • Address: 502 GraceLane LN
  • City: Austin
  • State/county: TX
  • Zip/Postal Code: 78746
  • Area: Rob Roy West
  • Country: United States

Details

Updated on October 31, 2026 at 6:01 pm
  • Property ID 5388435
  • Price $2,200,000
  • Property Size 5000 Sq Ft
  • Bedrooms 9
  • Bathrooms 5
  • Garages 2
  • Year Built 1978
  • Property Type Single Family Home
  • Property Status For Sale

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IDX listings courtesy of Unlock MLS as distributed by MLS Grid. Data last updated: September 17, 2026, 7:53 pm

All information deemed reliable but not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied Open House information is subject to change without notice. Content is provided exclusively 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.

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