Active

502 Grace LN

Austin TX, 78746

$2,340,000


$14.34 per sqft

Active

3.75 Acres

Land

INVESTMENT OPPORTUNITY: Seller Financing. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. 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. 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.

5084395

MLS ID

February 7, 2024

Listed

October 26, 2024

Updated

Map

502 Grace LN
Austin TX, 78746

Exterior/Building Features

Lot Size

3.75 Acres


Lot Features

Back to Park/Greenbelt, Back Yard, Gentle Sloping


Sewer

Septic Tank

School Information

School District

Eanes ISD


High School

Westlake


Elementary School

Valley View

Other Property Details

Area Name

8W


Garage

No


View

Yes


View Description

Canyon, Creek/Stream, Park/Greenbelt, Trees/Woods


County

Travis


Water Source

Municipal Utility District (MUD)


Pool

No

Listing History

Date

Event

Price

10/25/2024

Price change

$2,340,000

-1%

8/8/2024

Price change

$2,345,000

-1%

7/5/2024

Price change

$2,349,999

-1%

Courtesy of @ properties Christie's International

Listing Contact: (512) 368-8078

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Oscar Draguicevich shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 10:39 AM UTC, 10/26/2024

 

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