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502 Grace Lane, Austin, TX 78746

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For Sale

$2,340,000

8 beds5 baths2 half baths5,062 sqft

Estimated Payment

$ 12,018 /mo.

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $462.27
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Seller Financing Options. 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.
MLS# 171444

Courtesy Of @ properties Christie's International

(512) 368-8078

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    3.74 Acres

Map and Directions

Directions to 502 Grace Lane, Austin, TX 78746
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Home seller CENTURY 21 Integra

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $12,018
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $12,018

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Forest Trail Elementary School

Grades KG-5 Public School


West Lake Hills, TX 78746 3.2 miles
1203 s capital of texas hwy

550 total students
13:1 Student teacher ratio

West Ridge Middle School

Grades 6-8 Public School


Austin, TX 78733 1.6 miles
9201 scenic bluff dr

909 total students
13:1 Student teacher ratio

Westlake High School

Grades 9-12 Public School


Austin, TX 78746 3.7 miles
4100 westbank dr

2827 total students
14:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Barton Creek Elementary School 1.3 miles Public KG-5 A+
St Gabriel's Catholic School 1.7 miles Private PK-8
St Michael's Catholic Academy 1.9 miles Private 9-12
St Stephens Episcopal School 2.7 miles Private 6-12
Valley View Elementary School 3.1 miles Public KG-5 A-
Fusion Academy Aus: Austin 3.1 miles Private 6-12
Eanes Elementary School 3.5 miles Public KG-5 A+
Lake Pointe Elementary School 3.6 miles Public PK-5 A+
Westlake Alternative 3.7 miles Public 9-12
Bridge Point Elementary School 3.7 miles Public KG-5 A+
Trinity Episcopal School Of Austin 3.7 miles Private PK-8
Ypw Spanish Immersion School 3.9 miles Private PK-KG
Wonderwell 4 miles Private KG
River Ridge Elementary School 4.1 miles Public KG-5 A+
Regents School Of Austin 4.1 miles Private KG-12
Laura Welch Bush Elementary School 4.4 miles Public PK-5 A+
School In The Hills 4.4 miles Private PK-KG

Barton Creek Elementary School

Distance: 1.3 miles

Type Public

Grades: KG-5

A+

St Gabriel's Catholic School

Distance: 1.7 miles

Type Private

Grades: PK-8

St Michael's Catholic Academy

Distance: 1.9 miles

Type Private

Grades: 9-12

St Stephens Episcopal School

Distance: 2.7 miles

Type Private

Grades: 6-12

Valley View Elementary School

Distance: 3.1 miles

Type Public

Grades: KG-5

A-

Fusion Academy Aus: Austin

Distance: 3.1 miles

Type Private

Grades: 6-12

Eanes Elementary School

Distance: 3.5 miles

Type Public

Grades: KG-5

A+

Lake Pointe Elementary School

Distance: 3.6 miles

Type Public

Grades: PK-5

A+

Westlake Alternative

Distance: 3.7 miles

Type Public

Grades: 9-12

Bridge Point Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-5

A+

Trinity Episcopal School Of Austin

Distance: 3.7 miles

Type Private

Grades: PK-8

Ypw Spanish Immersion School

Distance: 3.9 miles

Type Private

Grades: PK-KG

Wonderwell

Distance: 4 miles

Type Private

Grades: KG

River Ridge Elementary School

Distance: 4.1 miles

Type Public

Grades: KG-5

A+

Regents School Of Austin

Distance: 4.1 miles

Type Private

Grades: KG-12

Laura Welch Bush Elementary School

Distance: 4.4 miles

Type Public

Grades: PK-5

A+

School In The Hills

Distance: 4.4 miles

Type Private

Grades: PK-KG

Local area information for Austin, TX 78746

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Austin, TX 78746

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month

38° January
Coldest Average Month
10,988 Total Households in Area
38.1%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Austin, TX 78746

Austin, TX 78746 has a population of 29,063 people in 10,988 households with a median age of 42.1 years old.

Up 1.4%
Increase in population
since the year 2010

Population is Trending up
10,865
Total households as of 2010
Up
6.6%

Community Population By Age

Community Population By Ethnicity

White 76%
Hispanic 10%
Asian 10%
Other 2%
Black <1%
Native American <1%

Economics
for Austin, TX 78746

1,251 /sq mi
Population Density
$179,517 /yr
Median Household Income
$1,670,000
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 69%
  • Work from Home 30%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 7,732 65%
Rented 3,256 27%
Vacant 854 7%

White vs Blue Collar Jobs







White Collar 96%
Blue Collar 4%

Family & Education Facts
for Austin, TX 78746

42.1 Median Age

Average Household Size

2.6
persons per
household

62%

Married Households

Community Population By Education

Bachelors Degree 45%
Graduate Degree 40%
Some College 7%
High School Graduate 4%
Associates Degree 3%
Some High School 1%

Household Family Expenses vs National Average

38.2% of households have children

Weather
for Austin, TX 78746

The weather for this area ranges from a high of 96° F in August to a low of 38° F in January

96° August
Hottest Average Month
38° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
38°
61°
Feb
42°
65°
Mar
48°
72°
Apr
57°
79°
May
64°
86°
Jun
70°
92°
Jul
73°
95°
Aug
72°
96°
Sep
67°
90°
Oct
58°
82°
Nov
47°
71°
Dec
40°
63°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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