502 Grace Lane
502 Grace Lane
$2,350,000
8
5
1
5,062
5,062
$464
Description
Livable 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 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....Livable 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 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 Survey.
- Listed by Beth Sher • TREC #0550613 • @ properties Christie's International • (512) 368-8078
- Listed by Mary Anne McMahon • TREC #0499106 • @ properties Christie's International
Property Details for 502 Grace Lane
Subdivision Name
Rob Roy West
WaterfrontNo
Waterfront DescriptionCreek
Water Access DescriptionCreek
ViewCanyon, Park/Greenbelt, Creek/Stream, Trees/Woods
View YNYes
Parcel Number01213401210000
Tax LotABS 734
Location
LISTING UPDATED: 02/07/2024 02:36 PM
Property Details for 502 Grace Lane
Status | Active |
---|---|
MLS # | 6317516 |
Days on Market | 82 |
Taxes | $4,053 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1974 |
Lot Size | 3.75 AC / 163,219 SF |
County | Travis County |
Location
Building Information for 502 Grace Lane
Stories2Year Built1974Building Size-Lot Size3.75 AC / 163,219 SF
Payment Calculator
$13,163 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 502 Grace Lane
Property History for 502 Grace Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 502 Grace Lane
Taxable ValueLand$240,000Additions$431,790Total$671,790
Home Facts
Beds0Total Finished SqFt2,493 SqFtAbove Grade Finished SqFt2,493 SqFtStories2Lot Size163,437 SqFtStyleSingle Family ResidenceYear Built1974CountyTRAVISAPN521480Fireplace TypeHas Fireplace
Schools near 502 Grace Lane
This home is within Eanes Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Barton Creek Elementary School PublicK to 5 | ||
West Ridge Middle School Public6 to 8 | ||
Westlake High School Public9 to 12 | ||
Westlake Alternative School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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