4016 McGregor LN, Dripping Springs, TX 78620
Sponsellers · Hays County
Key Facts
Description
A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 3 additional 5 acre tracts making this—perfectly suited for builders, developers, or for those seeking a private 19.83 acre estate of pristine land, offering a compelling opportunity to build multiple custom/spec homes or create a thoughtfully designed private compound. Perimeter fenced and pond/stock tank to boot. With one fully renovated residence already in place, the groundwork has been laid for both immediate use and future expansion. The existing home has been meticulously transformed from top to bottom, blending modern updates with the natural beauty that surrounds it. Featuring updated plumbing, electrical, water well, and major systems, along with a septic system, the home offers peace of mind alongside elevated design. Inside, the multi-level layout creates a distinctive and flexible living experience. A fully redesigned kitchen showcases new cabinetry, stainless steel appliances, and contemporary finishes, while the bathrooms have been completely reimagined with clean, modern design. The main living area is anchored by a dramatic picture window framing mature oak trees, paired with a wood-burning stove that adds warmth and character. A private deck extends the living space outdoors, creating a seamless connection to the surrounding landscape. Additional bedrooms and a versatile loft provide flexibility for a variety of uses, while a rare basement level with laundry adds functionality not often found in Central Texas homes. Beyond the home, the true value lies in the land. With four legal tracts, this property offers incredible flexibility—ideal for a builder looking to develop custom homes, a buyer seeking a multi-generational compound, or someone wanting to secure a large, private Hill Country estate. This estate is a jewel and only 15 minutes from Dripping Springs.
Property Information
Property Type
Farm
Sub-Type
Single Family Residence
Year Built
1983
Living Area
1,720 sq ft
Lot Size
19.83 acres
Parking Spaces
6
Days on Market
56
MLS® Listing#
8364782
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Walnut Springs
- Middle:
- Dripping Springs Middle
- High:
- Dripping Springs
Financial Details
HOA
None
Annual Taxes
$6,276
Tax year 2025
Assessed Value
$383,745
Parcel Number
1180400000002004
Directions
From Austin/Downtown Dripping Springs: Take Hwy 290 West, right on McGregor Ln. Head north on McGregor Ln, stay on McGregor Ln which will jog around at the intersection of Fitzhugh. Continue north on McGregor for about 1/2 mile. Property is on the right. Alt route: Hwy 290 West, right/north on Ranch Rd 12, left/west on Fitzhugh Rd, then right/north at stop sign intersection onto McGregor Lane.
Affordability Calculator
$340,000
Estimated monthly payment
$9,048/mo
Principal $1,360,000 · Est. interest $1,897,321 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dripping Springs, TX
- $493,182
- Median Listing Price
- 80
- Median Days on Market
- 2,162
- Median Sq Ft
- $225
- Median Price / Sq Ft
- 615
- Active Listings
- This home’s price is 245% above the area median.
- Its price per sq ft is 339% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dripping Springs, TX.
Location
Points of Interest in Dripping Springs, TX
Showing the Dripping Springs area map.
Nearby Schools
Over Yonder Nature School
School · 4.1 mi away
Walnut Springs Elementary School
Elementary · 5.1 mi away
Sunrise Christian Schoolhouse
School · 5.4 mi away
Dripping Springs Elementary
Elementary · 5.5 mi away
Dripping Springs High School
Secondary · 5.7 mi away
Walnut Springs Elementary
Elementary · 6.1 mi away
Dripping Springs ISD
Elementary · 6.2 mi away
West Cypress Hills Elementary School
Elementary · 7.2 mi away
Skybridge Academy
School · 7.4 mi away
Appamada School
Secondary · 7.4 mi away
The Episcopal Church of the Holy Spirit
School · 8.5 mi away
Bee Cave Middle School
Secondary · 9.9 mi away
Bee Loved Preschool
School · 9.9 mi away
Lupine Lane
School · 10.3 mi away
Escuela Hispanoamericana de Texas
School · 10.3 mi away
Primrose Schools
Elementary · 10.5 mi away
Sycamore Springs Elementary
Elementary · 11.0 mi away
Serene Hills Elementary
Elementary · 11.0 mi away
Rooster Springs Elementary School
Elementary · 11.4 mi away
Bee Cave Elementary School
Elementary · 11.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 208 Hacienda PL, Dripping Springs, TX | $1,195,000 | 4 | 4 | 3,038 |
| 1100 Norwood RD, Dripping Springs, TX | $1,195,000 | 4 | 3 | 2,734 |
| 409 Dos Lagos, Dripping Springs, TX | $1,195,000 | 4 | 3 | 3,499 |
| 1426 Shelton Ranch RD, Dripping Springs, TX | $1,195,000 | 4 | 3 | 2,998 |
| 1283 Bunker Ranch BLVD, Dripping Springs, TX | $1,199,000 | 4 | 4 | 3,553 |
| 158 Private Road 2656, Walnut Springs, TX | $1,199,000 | 3 | 3 | 3,112 |
Moving Cost Estimate
EXIT Agents in Dripping Springs
Listing Courtesy: Keller Williams Realty - (512) 426-9800
Last Updated: 2026-04-06