tomo logo

$2,559,750

Beds
8
Baths
5.0
sq ft
3,000

500 Grace Ln, Austin, TX 78746

500 Grace Ln

Austin, TX 78746

  • 5 days on market
This unique property offers an incredible opportunity to own both a beautiful Victorian inspired custom home and multiple business spaces on expansive acreage. With 2 parcels and 3 dwellings, the possibilities are endless. The main residence is warm and inviting, designed for both comfort and entertaining. If features spacious living areas, charming architectural detail a stunning wrap around porch and a large yard with a fenced pool. In addition to the main home there are 2 additional dwellings. Both are currently used as office space. Each features multiple rooms, a kitchenette, at least one full bath making them ideal for business use or conversion into guest casitas. Located in an ETJ with no restrictions this property offers unparalleled flexibility. Whether you are looking to run a business, create rental opportunities, or enjoy multi generational living, this estate is rare to find. Nestled in the stunning Hill Country yet conveniently close to the city, this prime location ensures both tranquility and accessibility. Zoned for top rated Eanes ISD. There is also an opportunity to separate the lots and just buy one or the other. Each have dwellings on them.

Details

Property type

Single Family Residence

Lot size

2.91 acres

Price per sq ft

$854

Year built

2010

Annual property taxes

$12,530

HOA

No

Price History

03/28/2025
Austin

Austin #6954617

Listed
$2,559,750

Schools & Community

Elementary school: 

Forest Trail

Middle school: 

West Ridge

High school: 

Westlake

Community features: 

None

High school district: 

Eanes ISD

Status: Active

Tomo last checked: 04/02/2025 at 11:50 PM

Listing updated: 04/01/2025 at 9:43 AM

Listed by: Dar McLane, MCLANE REALTY, LLC Phone #: (512) 809-5447

MLS: Austin #6954617

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