502 GraceLane LN, Austin TX 78746
Austin, TX 78746 · Rob Roy West
Single Family Residence for sale in Rob Roy West
Overview
Property Description
MAGICAL PROPERTY WITH BREATHTAKING CANYON VIEWS AND STUNNING WET WEATHER CREEK INVESTMENT/BUILDER OPPORTUNITY: No Zoning Restrictions 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.
Financial Info
- Price
- $2,200,000
- $ / Sqft
- $440
- HOA
- None
- Tax Rate
- 1.9%
- Est. Taxes
- $5,484
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 502 GraceLane LN
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78746
- Subdivision
- Rob Roy West
- Legal Description
- IMPS ONLY ABS 734 SUR 499 SERGEANT W ACR 3.752
- Parcel
- 534871
Interior Features
- Floor
- See Remarks
- Num Living
- 5
- Dining
- 5
- Appliances
- See Remarks
- Laundry
- Laundry Closet
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- See Remarks
- Interior Features
- See Remarks, None
General Info
- Beds
- 9 Total / 8 Main Level / 1 Other Level
- Full / Half Baths
- 5 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 1978 / See Remarks
- Square Feet
- 5,000 / Public Records
- Garages
- 2
- Garage Desc
- Detached Carport, Garage
- Foundation
- See Remarks
- Roof
- Shingle
- Construction
- See Remarks
- Acres
- 3.74
- Lot Description
- Back to Park/Greenbelt, Native Plants, Pie Shaped Lot, Trees-Moderate, Views
- Restrictions
- None
- Flood Plain
- No
- View
- Creek/Stream, Hill Country, Park/Greenbelt, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- 8W
Utility Info
- Water
- See Remarks, Well
- Sewer
- Septic Tank
- Utilities
- See Remarks, Electricity Connected, Natural Gas Available
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Wood
- Exterior Features
- See Remarks
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 22, 2026 | Price Decrease | $2,200,000−$50,000 (−2.2%) | −$50,000 (−2.2%) |
| Jul 15, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Eanes ISD
- Elementary
- Forest Trail
- Middle
- West Ridge
- High
- Westlake
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$13,414 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $13,414
- Principal & interest
- $11,124
- Property taxes
- $457
- Homeowners insurance
- $1,833
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $1,760,000 | $19,672 | $113,821 | $1,740,328 | |
| 2 | $1,740,328 | $20,989 | $112,503 | $1,719,339 | |
| 3 | $1,719,339 | $22,395 | $111,098 | $1,696,943 | |
| 4 | $1,696,943 | $23,895 | $109,598 | $1,673,048 | |
| 5 | $1,673,048 | $25,495 | $107,997 | $1,647,553 | |
| 6 | $1,647,553 | $27,203 | $106,290 | $1,620,350 | |
| 7 | $1,620,350 | $29,025 | $104,468 | $1,591,326 | |
| 8 | $1,591,326 | $30,968 | $102,524 | $1,560,358 | |
| 9 | $1,560,358 | $33,042 | $100,450 | $1,527,315 | |
| 10 | $1,527,315 | $35,255 | $98,237 | $1,492,060 |
- Year 1$1,740,328
- Principal paid
- $19,672
- Interest paid
- $113,821
- Starting balance
- $1,760,000
- Year 2$1,719,339
- Principal paid
- $20,989
- Interest paid
- $112,503
- Starting balance
- $1,740,328
- Year 3$1,696,943
- Principal paid
- $22,395
- Interest paid
- $111,098
- Starting balance
- $1,719,339
- Year 4$1,673,048
- Principal paid
- $23,895
- Interest paid
- $109,598
- Starting balance
- $1,696,943
- Year 5$1,647,553
- Principal paid
- $25,495
- Interest paid
- $107,997
- Starting balance
- $1,673,048
- Year 6$1,620,350
- Principal paid
- $27,203
- Interest paid
- $106,290
- Starting balance
- $1,647,553
- Year 7$1,591,326
- Principal paid
- $29,025
- Interest paid
- $104,468
- Starting balance
- $1,620,350
- Year 8$1,560,358
- Principal paid
- $30,968
- Interest paid
- $102,524
- Starting balance
- $1,591,326
- Year 9$1,527,315
- Principal paid
- $33,042
- Interest paid
- $100,450
- Starting balance
- $1,560,358
- Year 10$1,492,060
- Principal paid
- $35,255
- Interest paid
- $98,237
- Starting balance
- $1,527,315
Nearby
Courtesy of Christies Intl Real Estate Lone Star · (512) 270-8586
Listings courtesy of ACTRIS as distributed by MLS GRID.