502 Grace LN Austin TX 78746 MLS #3915094

MLS #3915094 image #0
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
Current real estate data for Single Family in Austin as of Apr 22, 2026
3,832
Single Family Listed
82
Avg DOM
400
Avg $ / SqFt
$1,076,407
Avg List Price
Listing Provided Courtesy of Christie’s Int’l Real Estate

Property Details

Price:
$2,250,000
MLS #:
3915094
Status:
Active
Beds:
8
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Rob Roy West
Listed Date:
Mar 7, 2026
Finished Sq Ft:
5,062
Lot Size:
163,219 sqft / 3.75 acres (approx)
Year Built:
1974
Rob Roy WestEanes IsdForest TrailWest RidgeWestlake

Schools

School District:
Eanes ISD
Elementary School:
Forest Trail
Middle School:
West Ridge
High School:
Westlake

Interior

Appliances
See Remarks
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
See Remarks
Heating
Central
Interior Features
See Remarks
Levels
Two
Main Level Bedrooms
3

Exterior

Accessibility Features
None
Community Features
None
Covered Spaces
2
Direction Faces
East
Exterior Features
Balcony, Private Yard, See Remarks
Fencing
Barbed Wire
Garage Spaces
2
Lot Features
Back to Park/Greenbelt, Back Yard, Gentle Sloping
Other Structures
Guest House, Second Residence
Parking Features
Additional Parking, Carport, Circular Driveway, Garage, Garage Faces Side
Patio And Porch Features
Deck, Patio, Terrace
Roof
Shingle
View
Canyon, Creek/Stream, Park/Greenbelt, Trees/Woods
Waterfront Features
Creek
Window Features
See Remarks

Financial

Map

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Property Summary

    Located in the Rob Roy West subdivision, 502 Grace LN Austin TX is a Single Family for sale in Austin, TX, 78746. It is listed for $2,250,000 and features 8 beds, 6 baths, and has approximately 5,062 square feet of living space, and was originally constructed in 1974. The current price per square foot is $444. The average price per square foot for Single Family listings in Austin is $400. The average listing price for Single Family in Austin is $1,076,407. To schedule a showing of MLS#3915094 at 502 Grace LN in Austin, TX, contact your Compass RE Texas, LLC agent at 5126982822.

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