502 GraceLane LN — photo 1
Price CutEstimated by HomeLocating
1 / 36
View virtual tour
$2,200,000

502 GraceLane LN, Austin TX 78746

9 bd·5 ba·5,000 sqft·$440/sqft

MLS #244849835 · Christies Intl Real Estate Lone Star · Beth Sher

Market insights

Compared with 156 active homes in ZIP 78746 · HomeLocating listings

Area median price
$2,500,000
This home vs. median
12% below
Homes with a price cut
12%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1978
Full baths
5
Lot size
3.74
Subdivision
Rob Roy West
MLS area
8W
MLS #
244849835

Features

Interior features

  • See Remarks

Exterior features

  • See Remarks

Additional details

Parking
Detached Carport, Garage
Garage spaces
2
Roof
Shingle
Foundation
See Remarks

Schools

Assigned schools per the MLS.

School district
Eanes ISD
Elementary
Forest Trail
Middle
West Ridge
High
Westlake

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 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.

Location

Loading map…

See this home in person

Request a tour

We confirm your time and reach out fast.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

Prefer to talk? Call or text (512) 877-8688

Interested in this home?

Request info or schedule a tour — Walter will follow up within 24 hours.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

By submitting, you agree to be contacted by HomeLocating. No spam, ever.

Listing courtesy of Christies Intl Real Estate Lone Star · Beth Sher

Listing data last updated Aug 1, 2026, 11:46 AM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

Call Now