502 Grace Ln
Austin, TX 78746
- 8 beds
- 6 baths
- 5,062 sqft
- ~4 acre lot
- $462 per sqft
- 1974 build
- – on site
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
Last checked:
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Last updated Apr 29, 2025
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MLS# 7556083 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1974
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New Construction:false
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Roof:Shingle
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Foundation:Slab
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Exterior Features:Balcony
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Accessibility Features:None
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Patio And Porch Features:Deck
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Window Features:See Remarks
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Levels:Two
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Direction Faces:East
Interior
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Interior Features:See Remarks
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Living:2
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Dining:1
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Flooring:See Remarks
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Fireplace:Great Room
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Fireplaces Total:1
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Laundry Location:See Remarks
Room Dimensions
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Living Area:5062
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Living Area Source:Builder
Financial & Terms
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Possession:Close Of Escrow
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Restrictions:None
Location
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Latitude:30.312257
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Longitude:-97.859345
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Directions:Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Parcel Number:01213401210000
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Property Condition:Resale
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Other Structures:Guest House
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Lot Features:Back to Park/Greenbelt
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Lot Size Acres:3.747
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Lot Size Area:3 Sqft
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Lot Size SqFt:163,219 Sqft
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View:Canyon
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Waterfront:false
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Waterfront Features:Creek
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Horse:false
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Additional Parcels:false
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Fencing:Barbed Wire
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 917-2929
- Office phone:
- (512) 368-8078
Beds
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Beds:5
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Bedrooms Total:8
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Main Level Bedrooms:3
Baths
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Total Baths:5.5
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Total Baths:6
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Full Baths:5
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Vacant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Above Ground
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Sewer:Septic Tank
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Water Source:Municipal Utility District (MUD)
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Electric On Property:true
Appliances
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Appliances:See Remarks
Schools
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Elementary School:Valley View
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Elementary School District:Eanes ISD
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Middle School:West Ridge
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Middle School District:Eanes ISD
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High School:Westlake
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High School District:Eanes ISD
The Community
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Subdivision Name:Rob Roy West
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Community Features:None
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Pool Private:false
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Pool Features:None
Parking
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Parking Features:Additional Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2
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Covered Spaces:2
Monthly cost estimate

Asking price
$2,340,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,529
|
Taxes | N/A |
Insurance | $643 |
Utilities | $263 See report |
Total | $13,435/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.