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$2,250,000

502 Grace LN, Austin, TX 78746

3

sqft

3.75

acres

Estimated Mortgage: $11,130/moGet Prequalified
See Remarks

About This Home

NOT ZONED: Can be COMMERCIAL and/or RESIDENTIAL. INVESTMENT/BUILDER OPPORTUNITY IN TRAVIS COUNTY NOT IN THE ETJ: Seller Financing available. Whether you seek a sprawling estate, a community haven, or a source of income, the choice is yours. 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. 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 selfsufficiency. 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.

Listings checked every few minutes. MLS# 7018863 was Last Updated: 03-06-2026.

Listed by Beth Sher, Christie's Int'l Real Estate (512) 917-2929

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

How does this property compare to others in Rob Roy West?

502 Grace LN is listed at $2.3M vs. the $2.3M median in Rob Roy West. The neighborhood average is $444/sqft.

MetricRob Roy West
Median List Price$2.3M
Median Sold Price$1.1M
Average Price per Sqft$444
Active Listings1

Market data as of May 2026.

Frequently Asked Questions

How much is 502 Grace LN?

502 Grace LN is listed for $2,250,000. It features 3 square feet, 3.747 acres. Built in 1978.

What neighborhood is 502 Grace LN in?

502 Grace LN is located in the Rob Roy West neighborhood of Austin, Texas.

How does 502 Grace LN compare to other homes in Rob Roy West?

The asking price of $2,250,000 is 0.0% lower than the median home price of $2.3M in Rob Roy West. At $750,000/sqft, it compares to the neighborhood average of $444/sqft.

What are the details of 502 Grace LN?

502 Grace LN was built in 1978, and sits on 3.747 acres of land, and is a see remarks style home.