502 Grace Ln Austin, TX $ 2,250,000
502 Grace Ln
$ 2,250,000
Share Save

502 Grace Ln

Austin, TX, 78746
$ 2,250,000
Bedrooms8 Baths5.1 Sq 5,062

Monthly Estimate*

$ 14,037

502 Grace Ln, Austin, TX 78746 - Image 1
502 Grace Ln, Austin, TX 78746 - Image 2
502 Grace Ln, Austin, TX 78746 - Image 3
502 Grace Ln, Austin, TX 78746 - Image 4
502 Grace Ln, Austin, TX 78746 - Image 5
502 Grace Ln, Austin, TX 78746 - Image 6
502 Grace Ln, Austin, TX 78746 - Image 7
502 Grace Ln, Austin, TX 78746 - Image 8
502 Grace Ln, Austin, TX 78746 - Image 9
502 Grace Ln, Austin, TX 78746 - Image 10
502 Grace Ln, Austin, TX 78746 - Image 11
502 Grace Ln, Austin, TX 78746 - Image 12
502 Grace Ln, Austin, TX 78746 - Image 13
502 Grace Ln, Austin, TX 78746 - Image 14
502 Grace Ln, Austin, TX 78746 - Image 15
502 Grace Ln, Austin, TX 78746 - Image 16
502 Grace Ln, Austin, TX 78746 - Image 17
502 Grace Ln, Austin, TX 78746 - Image 18
502 Grace Ln, Austin, TX 78746 - Image 19
502 Grace Ln, Austin, TX 78746 - Image 20
502 Grace Ln, Austin, TX 78746 - Image 21
502 Grace Ln, Austin, TX 78746 - Image 22
502 Grace Ln, Austin, TX 78746 - Image 23
502 Grace Ln, Austin, TX 78746 - Image 24
502 Grace Ln, Austin, TX 78746 - Image 25
502 Grace Ln, Austin, TX 78746 - Image 26
502 Grace Ln, Austin, TX 78746 - Image 27
502 Grace Ln, Austin, TX 78746 - Image 28
502 Grace Ln, Austin, TX 78746 - Image 29
502 Grace Ln, Austin, TX 78746 - Image 30
502 Grace Ln, Austin, TX 78746 - Image 31
502 Grace Ln, Austin, TX 78746 - Image 32
502 Grace Ln, Austin, TX 78746 - Image 33
502 Grace Ln, Austin, TX 78746 - Image 34
502 Grace Ln, Austin, TX 78746 - Image 35
502 Grace Ln, Austin, TX 78746 - Image 36
502 Grace Ln, Austin, TX 78746 - Image 37
View a Virtual Tour

Single Family Home for sale in Austin, TX

for $2,250,000 with 8 bedrooms and 5 full baths, 1 half bath. This 5,062 square foot home was built in 1974 on a lot size of 3.747.

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

See more

Single Family Active

Price

$ 2,250,000

Bedrooms

8

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 4,053

Style

Single Family Residence

Lot Size

3.747

Year Built

1974

Town/City

Austin

County/Region

Travis

MLS | Web ID

7556083

Features
General
Living Area 5062
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Above Ground Electricity Available Propane Water Available
Roof Shingle
Appliances See Remarks
Garage Spaces 2
Patio/Porch Features Deck Patio Terrace
Pool Features None
Construction Materials Brick HardiPlank Type
Year Built 1974
View Canyon Creek/Stream Park/Greenbelt Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2022
Waterfront Features Creek
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential
HOA N
Energy Efficient Other/See Remarks
Subdivision Name Rob Roy West
Facing Direction East
Green Sustainability None
Other Structures Guest House Second Residence
Full Baths 5
Status Active
Directions Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
High School Westlake
City Austin
Disclosures Seller Disclosure
MLS Area 8W
Lot Size Square Feet 163219.32
Elementary School Forest Trail
Middle/Junior High School West Ridge
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/aus/7556083
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1271427
See more
Interior
Interior Amenities See Remarks
Flooring See Remarks
Total Fireplaces 1
Fireplace Features Great Room
Window Features See Remarks
Half Baths 1
Total Bedrooms 8
Main Level Bedrooms 3
Total Baths 6
See more
Exterior
Exterior Amenities Balcony Private Yard See Remarks
Fencing Barbed Wire
Parking Features Additional Parking Carport Circular Driveway Garage Garage Faces Side
Lot Features Greenbelt Back Yard Gentle Sloping
Water Source MUD
Total Parking 10
Foundation Details Slab
Lot Size Acres 3.747
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
See more
Internal Only
Street Number 1 502
See more
* Excluded Features
List By
Beth Sher

Listing Agent

Christie's Int'l Real Estate

Broker

bethposhproperties@gmail.com

Email

Affordability Calculator

$14,375
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4360519 Elementary School
4360129 Middle School
Westlake High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$2,250,000 -3.85% Price Down
4/22/2025$2,340,000 Listed Price

Map


See all

502 Grace Ln, Austin, TX, 78746 is a Single Family Home for sale at $2,250,000 with 5,062 sqft and a lot size of 3.747. 502 Grace Ln has 8 bedrooms, 5.1 baths, and was built in 1974. The property's zip code is 78746 which is in Austin, TX