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 4,200
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Property for Rent in Austin, TX

for $2,250,000. This 4,200 square foot property was built on a lot size of 3.75.

INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY-NOT IN THE CITY 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

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Rental Active

Price

$ 2,250,000

Taxes

$ 5,400

Style

Lot Size

3.75

Town/City

Austin

County/Region

Travis

MLS | Web ID

2688259

Features
General
Utilities See Remarks Electricity Connected
Construction Materials See Remarks
Property Subtype See Remarks
Tax Year 2025
Current Use Multi-Family 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 See Remarks
Status Active
Directions Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
City Austin
Disclosures See Remarks
MLS Area 8W
Lot Size Square Feet 163350
Property Condition See Remarks
Leasable Area 4500
Lease Type See Remarks
Standard Status Active
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Exterior
Parking Features See Remarks Additional Parking Attached Carport Circular Driveway Garage Gravel
Total Parking 20
Number of Buildings 3
Building Area Total 4200
Lot Size Acres 3.75
Road Surface Type See Remarks
Lot Size Source Survey
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
3/7/2026$2,250,000 Listed Price

Map


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502 Grace Ln, Austin, TX, 78746 is a Property for Rent at $2,250,000 with 4,200 sqft and a lot size of 3.75. The property's zip code is 78746 which is in Austin, TX