502 Gracelane Ln, Austin, TX 78746

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
4212388
Days on Market
7
Lot Size
162,914
Area
Austin - West/Westlake

Property Description

NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK 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 to utilize the buildings for commercial, 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 propane tanks ensure convenience and self-sufficiency. Three structures totaling approx 5000 sq ft await your arrival. 2500 sq ft home, 2 bed 1 bath duplex 1500 sq ft. and 589 sq ft guest house.

Additional Information

Tax Year
2025
Year Built
1978
Parking Spaces
12
Construction
See Remarks
Region
Austin - West/Westlake
View
Creek/Stream, Greenbelt
Sewer
Septic Tank
Street Name
Gracelane Ln
Street Number
502
Neighborhood
Rob Roy West
Water
See Remarks, Well
Acres
3.74
County
Travis
Floor
See Remarks
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Christies Intl Real Estate Lone Star. Contact: (512) 270-8586

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