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502 Grace Ln, Austin, TX 78746

$2,250,000
  • 502 Grace Ln, Austin, TX 78746 Main Photo

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New to the Market Active
LOT SIZE 3.740 acres MLS#7216138
STATUSActive PROPERTY TYPELand SUBDIVISIONRob Roy West SCHOOLEanes ISD

Property Description

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY: 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.

502 Grace Ln | MLS# 7216138

This land located at 502 Grace Ln, Austin, TX 78746 is currently listed for sale with an asking price of $2,250,000. The property has approximately 3.74 Acres. Grace Ln is located within the Eanes ISD school district. Search Austin real estate on lgraves.rmcapitalcity.com today.

Property Features

Property Type: Land
Lot Size: 3.74 Acres
Taxes: $5,484

Amenities

See Remarks

Feature Descriptions

Area #: 8W
Days on Site: 1
Fencimg: Wood
Flood Plain: No
Lot: Back to Park/Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views
Mineral Rights: None
Parcel#: 534871
Sewer: Septic Tank
Special View Info: Creek/Stream, Hill Country, Park/Greenbelt, Trees/Woo
Utilities: See Remarks, Electricity Connected, Natural Gas Available
Water: See Remarks, Well
Water Features: Creek, Dry/Seasonal

Local Schools

High School: Westlake
Middle School: West Ridge
Elementary School: Forest Trail
School District: Eanes ISD

Listed By / Shown By

Listed By

Agency Name: Christies Intl Real Estate Lone Star
Agency Contact: (512) 270-8586

Shown By

Agent Name: Linda Graves
Agent Phone: (512) 784-3942
Agency Title: Realty Capital City

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Estimated Payment

$ 6,120.77 per month $5,007.52 Principal & Interest $457.00 Property Tax $656.25 Homeowner's Insurance

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