Residential Land with Home for Sale in Austin, Texas

502 Grace Ln Austin, TX 78746

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$2,340,000
3.74 acres
Active sale agoEst $14,544/mo

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.

5,062
Sq feet
8
Beds
5
Full baths
2
1/2 baths
1974
Built

Directions

Bee Caves Road to Grace Lane turn North. Go down street to right of cul de sac.

Location

Street Address
502 Grace Ln
Elevation
794 feet
Coordinates
30.3126, -97.8598

Property details

MLS Number
HLAR 171444
Date Posted

Parcels

  • 000734

Legal description

This 3.74-acre property is located at 502 Grace Ln in Austin, TX 78746 with latitude 30.3126 and longitude -97.8598. The property is currently available for sale for $2,340,000. It has a 5,062 sq ft 8 bedroom, 5 bath house built in 1974. Listing data is sourced from Highland Lakes Association of Realtors MLS # 171444.

Verify sale details at the property source or contact @ Properties Christie's International at (512) 368-8078.

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Copyright (C) 2025 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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