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500 Grace LN
Austin, TX, 78746
$2,559,750
8 Beds
5 Baths
3,000 SqFt
2.91 Acres
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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.

Property Details

Price:
$2,559,750
MLS #:
6954617
Status:
Active
Beds:
8
Baths:
5
Address:
500 Grace LN
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Grace Hill
City:
Austin
Listed Date:
Mar 28, 2025
State:
TX
Finished Sq Ft:
3,000
ZIP:
78746
Lot Size:
126,760 sqft / 2.91 acres (approx)
Year Built:
2010
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Schools

School District:
Eanes ISD
Elementary School:
Forest Trail
Middle School:
West Ridge
High School:
Westlake

Interior

Appliances
Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Gas Oven
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Cooling
Ceiling Fan(s), Central Air
Fireplaces Total
1
Flooring
Carpet, Tile
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony, Private Yard, See Remarks
Other Structures
Greenhouse, Outbuilding, Second Residence, Shed(s), See Remarks
Parking Features
Detached Carport
Roof
Composition

Financial

Map

Community

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