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502 Gracelane Ln, Austin, TX 78746

Austin
Local realty services provided by:CENTURY 21 North East
Listed by: beth sher, mary anne mcmahon
Office: christies intl real estate lone star
MLS#:5388435
Source:ACTRIS
502 Gracelane Ln,Austin, TX 78746
$2,200,000
  • 9 Beds
  • - Baths
  • 5,000 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$440

About this home

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...

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Home facts

  • Year built:1978
  • Subdivision & Development:Rob Roy West
  • Listing ID #:5388435
  • Updated:September 14, 2026 at 05:28 PM

Rooms and interior

  • Bedrooms:9
  • Full bathrooms:5
  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:5,000 sq. ft.
  • Lot area:3.74 Acres
  • Lot Features:Native Plants, Pie Shaped Lot, Trees-Moderate

Schools

  • High school:Westlake
  • Elementary school:Forest Trail

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$440

Features and amenities

  • Appliances:See Remarks

Parking

  • Total parking spaces:12
  • Parking description:Detached Carport, Garage
  • Garage:Yes
  • Garage spaces:2
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated September 14, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS. ACTRIS Member Broker: Lisa Shaw

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