Property Description

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.

Features
: Trees/woods, Creek/stream, Park/greenbelt, Canyon
: Gentle Sloping, Back Yard, Back To Park/greenbelt
: Septic Tank
: Electricity Available, Above Ground, Propane, Water Available
: Creek
Address Map
US
TX
Travis
Austin
78746
502 Grace LN, Austin TX 78746
0
W98° 8' 24.9''
N30° 18' 45.2''
Bee Caves Rd Turn on Grace Lane. Vier to the Right on the road.
Rob Roy West
MLS Addon
@ properties Christie's International
Beth Sher
Valley View
Westlake
550613
704437
West Ridge
1
: Guest House, Second Residence
: Standard
: Municipal Utility District (mud)
Eanes ISD
Eanes ISD
Eanes ISD

Land For Sale

502 Grace LN, Austin TX 78746, Austin, Texas 78746

163,219 Sqft
$2,350,000
Listing ID #5084395
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 5084395
Price : $2,350,000
Lot Area : 163,219 Sqft
Status : Active
Property SubType : Single Lot