502 Grace LN, Austin, TX 78746

$2,345,000 Asking Price

8 beds
6 baths
5,062  sqft
Built in 1974

Seller Financing Options. 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.

Features & Amenities

Interior

General:
See Remarks
Appliances:
See Remarks
Laundry:
See Remarks
Flooring:
See Remarks
A/C:
Central Air
Heating:
Central
Fireplace:
Great Room, Fireplaces: 1
Eco/Green Feature:
None, Other/See Remarks

Exterior

General:
Balcony, Private Yard, See Remarks, Guest House, Second Residence
Other Structures:
Terrace, Deck, Patio
Pool:
None
Parking:
Additional Parking, Carport, Circular Driveway, Garage, Garage Faces Side, Parking spaces: 10

Construction

Roofing:
Shingle
Windows:
See Remarks
General:
Two, Slab

Location

Originating MLS:
actris
School District:
Eanes ISD
County:
Travis

Lot

Zoning:
ABS 734 SUR 499 SERGEANT W ACR 3.752, 01213401210000
View:
Canyon, Creek/Stream, Park/Greenbelt, Trees/Woods
Fencing:
Barbed Wire

Utilities

Utilities:
Above Ground, Electricity Available, Propane, Water Available
Water:
MUD
Sewer:
Septic Tank

Financial

Source:
actris

This listing courtesy of:
@ properties Christie's International, Beth Sher

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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