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Land for sale at 502 Grace Ln, Austin, TX 78746 | MLS# 7216138 | Listing updated on 2026-11-01
Photo 1 of Land for sale at 502 Grace Ln, Austin, TX 78746 | MLS# 7216138 | Listing updated on 2026-11-01
Photo 2 of Land for sale at 502 Grace Ln, Austin, TX 78746 | MLS# 7216138 | Listing updated on 2026-11-01
Photo 3 of Land for sale at 502 Grace Ln, Austin, TX 78746 | MLS# 7216138 | Listing updated on 2026-11-01
Photo 4 of Land for sale at 502 Grace Ln, Austin, TX 78746 | MLS# 7216138 | Listing updated on 2026-11-01
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$2,200,000

Monthly Est:$10,950

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon3.74acres lot

502 Grace Ln, Austin, TX 78746

$10,950/moEst:

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  • Unimproved Land

  • Built in -

  • $-- HOA

  • 3.74 acres lot

  • $588,235/acre

Description

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK NO ZONING RESTRICTIONS. INVESTMENT/BUILDER OPPORTUNITY: 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.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: November 1, 2026 at 12:46 pm
  • Listing Provided by: Beth Sher (512) 917-2929 , Mary Anne McMahon | Christies Intl Real Estate Lone Star (512) 270-8586
  • Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 7216138 Unlock MLS-TX as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Travis County

  • City

    Austin

  • Neighborhood

    Westlake

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    3.74 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Unlock MLS

  • MLS Number

    7216138

  • MLS Status

    Active

  • Days on Market

    109

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Septic Tank

  • Exterior Features

    See Remarks

Construction

  • Year Built

    -

  • Home type

    Unimproved Land

  • Property Condition

    See Remarks

Utilities & Energy

  • Water Source

    See Remarks, Well

  • Utilities

    See Remarks, Electricity Connected, Natural Gas Available

Other Features

  • Subdivision Name

    Rob Roy West

  • Disclosures

    Lead Base Paint Addendum, Seller Disclosure

  • Community Features

    None

  • Lot Features

    Greenbelt, Native Plants, Pie Shaped Lot, Trees Moderate, Views

Price History

DateEventPrice

07/22/2026

Source: mls_logoUnlock MLS-TX #ACT7216138

Listed for Sale

$2,200,000 -2.22%

$0/sqft

03/06/2026

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT7018863

Listing Removed

$2,250,000

$0/sqft

11/06/2025

Source: mls_logoUnlock MLS-TX #ACT7556083

Price Decreased

$2,250,000 -3.85%

$0/sqft

04/22/2025

Source: mls_logoUnlock MLS-TX #ACT7556083

Listed for Sale

$2,340,000

$0/sqft

02/08/2024

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT6317516

Off Market

$2,340,000 -0.43%

$0/sqft

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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 01:30PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.

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