502 GraceLane LN, Austin TX 78746
1 / 36
About This Property
MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK
INVESTMENT/BUILDER OPPORTUNITY: No Zoning Restrictions 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. The possibilities are endless. The property itself is a wonderland. A comfortable 2500 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 zoning restrictions, empowering you to shape its destiny. Multiple electric meters, a deep well, and potential for MUD districts ensure convenience and self-sufficiency. Three structures totaling 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 500 sq ft guest house.
Features
- See Remarks
Location
Map loading...
Schools
Property Details
Mortgage Calculator
Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
Tax Information
| Year | Market Value |
|---|---|
| 2026 | $1,118,469 |
| 2025 | $146,536 |
| 2024 | $205,646 |
| 2023 | $295,345 |
| 2022 | $1,271,427 |
| 2021 | $671,790 |
| 2020 | $589,346 |
| 2019 | $589,346 |
| 2018 | $468,316 |
| 2017 | $420,781 |
Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office
Listing History
| Jul 22, 2026 | Listed | Listing Courtesy of Christies Intl Real Estate Lone Star - bethposhproperties@gmail.com | $2,200,000 |
| Jul 22, 2026 | Price Change | $2,200,000 | |
| Jul 15, 2026 | Listed | $2,250,000 |
| Jul 22, 2026 | Price Change | $2,200,000 | |
| Jul 15, 2026 | Listed | $2,250,000 |
| Jun 25, 2026 | Pending | ||
| Jun 22, 2026 | Off Market | ||
| Mar 7, 2026 | Listed | $2,250,000 |
Frequently Asked Questions About 502 GraceLane LN, Austin TX 78746
When was 502 GraceLane LN, Austin TX 78746 built?
502 GraceLane LN, Austin TX 78746 was built in 1978.
How much does 502 GraceLane LN, Austin TX 78746 cost?
502 GraceLane LN, Austin TX 78746 is listed for sale at $2,200,000. That is $440 per square foot.
How many bedrooms and bathrooms does 502 GraceLane LN, Austin TX 78746 have?
502 GraceLane LN, Austin TX 78746 has 9 bedrooms and 5 bathrooms (5 full) with 5,000 square feet of living space.
What school district is 502 GraceLane LN, Austin TX 78746 in?
502 GraceLane LN, Austin TX 78746 is in the Eanes ISD school district. Assigned schools include Forest Trail (elementary), West Ridge (middle), Westlake (high school).
How big is the lot at 502 GraceLane LN, Austin TX 78746?
The lot at 502 GraceLane LN, Austin TX 78746 is 3.74 acres, and the home has 5,000 square feet of living space.
What type of property is 502 GraceLane LN, Austin TX 78746?
502 GraceLane LN, Austin TX 78746 is a residential property.
Does 502 GraceLane LN, Austin TX 78746 have a garage?
Yes, 502 GraceLane LN, Austin TX 78746 has a 2-car garage.
What subdivision is 502 GraceLane LN, Austin TX 78746 in?
502 GraceLane LN, Austin TX 78746 is located in the Rob Roy West subdivision in Austin, TX.
What heating and cooling does 502 GraceLane LN, Austin TX 78746 have?
502 GraceLane LN, Austin TX 78746 has central heating and central air cooling.
Similar Properties
Browse More Properties
Contact Agent
Interested in this property?
Get more information or schedule a tour