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

Austin, TX, 78746
$ 2,250,000
Bedrooms-- Baths-- Sq 9,000
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Property for Rent in Austin, TX

for $2,250,000. This 9,000 square foot property was built in 1978 on a lot size of 3.747.

NOT ZONED: Can be COMMERCIAL and/or RESIDENTIAL. INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: Seller Financing available. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. 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. 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 selfsufficiency. 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.

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Rental Active

Price

$ 2,250,000

Taxes

$ 4,053

Style

Lot Size

3.747

Year Built

1978

Town/City

Austin

County/Region

Travis

MLS | Web ID

7018863

Features
General
Sewer Septic Tank
Utilities Above Ground Electricity Available Propane Water Available
Zoning No Zoning Restricitons
Construction Materials See Remarks
Year Built 1978
View Canyon Creek/Stream Fields Park/Greenbelt Trees/Woods
Topography Topo Survey available
Property Subtype See Remarks
Tax Year 2022
Current Use Commercial Multi-Family Residential Single Family
County Travis
Operating Expense 0
New Construction N
Property Type Commercial Sale
Subdivision Name Rob Roy West
Building Features See Remarks
Other Structures Guest House Second Residence
Status Active
Directions Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
City Austin
Disclosures Seller Provided Survey Available
MLS Area 8W
Lot Size Square Feet 163219.32
Property Condition Resale
Additional Parcels Y/N N
Leasable Area 3
Lease Type See Remarks
Standard Status Active
Tax Assessed Value 1271427
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Exterior
Parking Features Additional Parking Attached Carport Circular Driveway Garage
Water Source MUD
Total Parking 15
Number of Buildings 3
Building Area Total 9000
Lot Size Acres 3.747
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
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Interior
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Beth Sher

Listing Agent

Christie's Int'l Real Estate

Broker

bethposhproperties@gmail.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$2,250,000 -3.85% Price Down
6/5/2025$2,340,000 Listed Price

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502 Grace Ln, Austin, TX, 78746 is a Property for Rent at $2,250,000 with 9,000 sqft and a lot size of 3.747. 502 Grace Ln was built in 1978. The property's zip code is 78746 which is in Austin, TX