502 Gracelane Lane, Austin, TX

$2,200,000

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3.74

Acres

About 502 Gracelane Lane

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.

Features of 502 Gracelane Lane

MLS® # 4212388
Price $2,200,000
Bathrooms 0.00
Acres 3.74
Year Built 1978
Type Commercial Sale
Sub-Type Other
Status Active

Community Information

Address 502 Gracelane Lane
Area 8W
Subdivision Rob Roy West
City Austin
County Travis
State TX
Zip Code 78746

Amenities

Utilities Electricity Connected, Natural Gas Available, See Remarks
Parking Detached Carport, Garage
View Park/Greenbelt, Hills, Creek/Stream, Trees/Woods
Is Waterfront No
Has Pool No

Interior

Interior See Remarks
Heating Central
Fireplace No

Exterior

Construction See Remarks
Foundation See Remarks

Additional Information

Date Listed July 22nd, 2026
Days on Market 45
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeChristies Intl Real Estate Lone Star
Contact Info(512) 270-8586
Office Contact(512) 270-8586

Listing Map

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