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502 Gracelane Lane

Austin, TX 78746
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Bed 9

Bed

Bath 5

Bath

SqFt5,000

Sqft

Acres3.74

Acres(Lot)

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 you rs. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,250,000

AD Id : 88074118

MLS Id : 5388435

Beds : 9

Lot Size : 3.74 Acres

Living Area Size : 5,000

Year Built : 1978

Garage : 2

County : Travis

Subdivision: Tequesta Towers Condominium Apt

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Roofing Information

    Shingle

    Flooring Information

    SeeRemarks
  • Interior Features

    SeeRemarks
    Roof: Shingle
    Appliances: SeeRemarks
    Laundry Features: LaundryCloset
  • Heating & Cooling

    Heating: Central Has Cooling: Yes

  • Building Information

    Year Built: 1978
    Construction Materials: SeeRemarks
    Stories: 2
    Pool Features: None
    Private Pool: No
    Water front Features: Creek,Seasonal
    View: ParkGreenbelt, Hills, CreekStream, TreesWoods
  • Exterior Features

    Exterior Features: SeeRemarks

  • Lot Information

    Main Square Feet: 3.74 Lot Size Acres: 3.74 Lot Description: BacksToGreenbeltPark,ModerateTrees,NativePlants,PieShapedLot,Views

    Property Information

    Subdivision: Rob Roy West Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: West Levels: Two Property Age: 48

  • Listing Price Information

    Listing Price: $2250000
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 534871 Tax Lot: IMPS ONLY ABS 734 SUR 499 Tax Year: 2025 Tax Legal Desc: IMPS ONLY ABS 734 SUR 499 SERGEANT W ACR 3.752

  • School Information

    Elementary School: Forest Trail Junior High School: West Ridge Senior High School: Westlake
  • Utility Information

    ElectricityConnected, NaturalGasAvailable, SeeRemarks
  • Location Information

    Direction: Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road. WaterSource: SeeRemarks, Well
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 03:42

MLS: 5388435 LISTED BY: Beth Sher, Christies Intl Real Estate Lone Star 512-270-8586 SOURCE: ACTRIS

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