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502 Grace Ln

Austin, TX 78746
  • $3,000,000
  • STATUS: Active
  • ID#: 5720548
UPDATED: 17 min ago
$3,000,000
  • 0
    BEDS
  • 3.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Beth Sher of Re/Max Posh Properties: (512) 947-9684.

Description

MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS NO ZONING RESTRICTIONS 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 duplexes, and a one-bedroom cottage 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. Please contact me for Survey.

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© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-10T21:02:42.893.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2023-06-10T21:02:42.893 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
www.buyandsellaustintx.com/homes/139051054
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502 Grace Ln Austin, TX 78746

  • Price: $3,000,000
  • Status: Active
  • On Site: Days
  • Updated: 17 min ago
  • ID#: 5720548
0
Beds
0
Baths
0
½ Baths
3.75
Acres
Neighborhood:
Rob Roy West
County:
Travis
Area:
Austin
Elementary School:
Valley View
Middle School:
West Ridge
High School:
Westlake
School District:
Eanes ISD
Property Description
MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS NO ZONING RESTRICTIONS 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 duplexes, and a one-bedroom cottage 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. Please contact me for Survey.
Exterior Features

Lot Features Back To Park/GreenbeltBack YardGentle Sloping Lot Size Dimensions 3.747 Acres Other Structures Guest HouseSecond Residence View CanyonCreek/StreamPark/GreenbeltTrees/Woods Waterfront Features Creek Waterfront YN No

Property Features

Additional Parcels YN No Community Features None Estimated Taxes 4053 Fema Flood Plain No Horse YN No Listing Terms CashConventionalFha New Construction YN No Property Sub Type Single Lot Sewer Septic Tank Special Listing Conditions Standard Utilities Above GroundElectricity AvailablePropaneWater Available Water Source Municipal Utility District (Mud)



© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-10T21:02:42.893.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2023-06-10T21:02:42.893 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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Lauren McCoy | David Brodsky Properties
2312 Western Trails Blvd. D-404
Austin TX, 78745
Property listed by Beth Sher of Re/Max Posh Properties: (512) 947-9684.