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502 Grace Ln, 
Austin, TX 78746

$2,340,000


8

Beds


Bath


5,062

Sq Ft


Single Family

Active

Listed by

Beth Sher

Mary Anne Mcmahon

Christie'S Int'L Real Estate

512-368-8078

Last updated:

July 29, 2025, 02:50 PM

MLS#

7556083

Source:

ACTRIS

About This Home

502 Grace Ln

INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: Seller Financing Option: 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. 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 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

Home Facts

Single Family

8 Bedrooms

Built in 1974

Price Summary

2,340,000

$462 per Sq. Ft.

MLS #:

7556083

Last Updated:

July 29, 2025, 02:50 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Full Bathrooms:

5

Interior

Living Area:

5,062 Sq. Ft.


Structure

Structure

Building Area:

5,062 Sq. Ft.

Year Built:

1974


Finances & Disclosures

Finances

Price:

$2,340,000

Price per Sq. Ft:

$462 per Sq. Ft.

Source:ACTRIS
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.