502 Grace Ln, Austin, TX 78746

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
7216138
Price Change
▼ $50,000 1784756639
Lot Size
162,914
Area
Austin - West/Westlake

Property Description

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY: 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.

Additional Information

Exterior Features
See Remarks
Region
Austin - West/Westlake
View
Creek/Stream, Greenbelt
School District
Eanes ISD
Elementary School
Forest Trail
High School
Westlake
Middle School
West Ridge
Sewer
Septic Tank
Street Name
Grace Ln
Street Number
502
Neighborhood
Rob Roy West
Water
See Remarks, Well
Acres
3.74
County
Travis
Lot Description
Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views

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Calculator source: Real Geeks

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