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$2,350,000
17 Days Online

502 Grace Lane
Austin, TX 78746

For Sale|Land|Active
Subdivision:
Rob Roy West
County:
Travis

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Call Now: 512-215-0565
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512-215-0565
502 Grace Lane502 Grace Lane502 Grace Lane502 Grace Lane
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MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS NO ZONING RESTRICTIONS. LEGAL TRACT EXEMPT FROM REQUIREMENT TO PLAT The property has several tiers, leading from a hilltop down to an amazing long-flowing creek, and is surrounded by an abundant number of trees, as the land surrounding the structures has never been developed. This is a prospective buyer's or developer's dream lot, depending on the path the new owner decides to take. The property is just under a four-acre wooded tract in Rob Roy West, situated near Bee Cave Road, which could be cleared and constructed into a vast single-family estate, serving as the first option. Secondly, it has the potential to be transformed into a condo or apartment development. Thirdly, it could be utilized as an income-generating property, as it already has a large rock house, two two-bedroom in duplex 1600 sq ft , and a one-bedroom cottage/guest house that is available for immediate occupancy. The property deed has no restrictions, as it has been grandfathered since the 1970s. The property is located in the Eanes Independent School District and the City of Austin ETJ. Additionally, there are multiple Austin Electric meters on the property, a 950-foot deep well that supplies water, and two MUD districts located in close proximity. Three structures total of 5062 sq ft. Please contact me for Land and Topo Survey.

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Listing Snapshot
Price 
$2,350,000
Days Online 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.747 Acres
Year Built 
N/A
MLS Number 
5084395
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoListing first seen online
General Features
Sewer 
Septic Tank
Acreage 
3.747
Property Sub Type 
Unimproved Land
Utilities 
Electricity AvailablePropaneWater Available
Zoning 
No Zoning Restricitons
Listing Conditions 
Standard
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Exterior Features
View 
CanyonPark GreenbeltCreek StreamTrees Woods
Waterfront Property 
No
Waterfront Features 
Creek
Lot 
Back YardBacks to Greenbelt/ ParkGentle Sloping
Other Structures 
Guest HouseSecond Residence
Community Features
Community Features 
None
MLS Area 
8W
Schools
School District
Eanes ISD
Elementary School
Valley View
Middle School
West Ridge
High School
Westlake
Listing courtesy of @ properties Christie's International (512) 368-8078

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Data last update - 2024-02-25 03:15 AM CST

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Neighborhood & Commute
Source: Walkscore
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