502 GraceLane

Austin, TX 78746 · Travis County

$2,200,000Price
5,000Sq. Ft.
$440/ Sq. Ft.
502 GraceLane
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▶ Virtual Tour

Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT240804919
TypeCommercial Sale
Year Built1978
Living Area5,000 Sq. Ft.
Lot Size3.74 AC / 162,914 SF
CountyTravis
SubdivisionRob Roy West

Property Information

Parking

Detached CarportGarage

Utilities & Construction

Heat: CentralAC: Central AirSee RemarksFoundation: See Remarks

Directions: Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.

Location

Property History

DateEventPrice
Aug 13, 2026 Listed (Active) · MLS# ACT240804919 $2,200,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Total Sq. Ft.5,000
Year Built1978
Total Sq. Ft.5,000
Lot Size162,914 Sq. Ft.
StyleCommercial Sale
CountyTRAVIS
MLS #ACT240804919
$2,200,000
502 GraceLane, Austin, TX

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Payment Estimate

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Estimated monthly payment
Principal & Interest—

For illustrative purposes only. Contact a lender for accurate figures.