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Austin · Rob Roy West

$2,250,000 62 days on market

502 Grace Ln, Austin, TX 78746

  • 8bedrooms
  • 5.5bathrooms
  • 5,062sqft
  • 3.7acres
  • 1974year built

About this home

INVESTMENT/BUILDER OPPORTUNITY: 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

Property

Type
Single Family Residence
Levels
Two
Year built
1974
Lot size
3.75 acres
Subdivision
Rob Roy West
MLS #
ACT3915094

Inside

Bedrooms
8
Bathrooms
5.5
Living area
5,062 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Forest Trail
High school
Westlake
District
Eanes ISD

Costs

Est. annual taxes
$4,053 (2025)

Listing

First listed
Mar 7, 2026
Days listed
62
Status
Active

Listed by Beth Sher, Christie's Int'l Real Estate · [email protected] · MLS# ACT3915094 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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