500 Grace Lane Austin, TX 78746
Listing Courtesy of: Austin Board of Realtors / Mclane Realty, LLC - Contact:  (512) 791-5921

  500 Grace Lane Austin, TX 78746

Active (29 Days)
$2,459,750
4
BED
6
BATH
3,000
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sun, Apr 27
    2:00 pm - 4:00 pm

Description

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.

MLS #:
6954617
Lot Size
2.91 acres
Type
Single-Family Home
Year Built
2010
Views
Hills
School District
Eanes Isd
County
Travis County
Community
Grace Hill

Listed By

Dar McLane, Mclane Realty, LLC, Contact: (512) 791-5921
Source
Austin Board of Realtors
Last checked Apr 26 2025 at 7:11 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathrooms: 2
Interior Features
  • Ceiling Fan(s)
  • High Ceilings
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Separate/Formal Dining Room
  • Laundry: Laundry Closet
  • Cooktop
  • Dishwasher
  • Disposal
  • Gas Cooktop
  • Gas Oven
  • Microwave
  • Windows: Window Treatments
Subdivision
  • Grace Hill
Lot Information
  • Private
Property Features
  • Fireplace: 1
  • Fireplace: Wood Burning
  • Foundation: Slab
Heating and Cooling
  • Central
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Above Ground
  • Fenced
  • See Remarks
Flooring
  • Carpet
  • Tile
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Water Source: Municipal Utility District
  • Sewer: Septic Tank
School Information
  • Elementary School: Forest Trail
  • Middle School: West Ridge
  • High School: Westlake
Parking
  • Detached Carport
Stories
  • 2
Living Area
  • 3,000 sqft
Additional Information: Mclane Realty, LLC | (512) 791-5921
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Disclaimer: Copyright 2025 Austin Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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 4/26/25 00:11