$1,700,000
 $9,126 est/mo Sourced by Back At You

4016 Mcgregor Ln,Dripping Springs, TX 78620

Dripping Springs, TX 78620

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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 thisperfectly 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 flexibilityideal 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. Owner Financing is welcome...

Details

MLS #8364782
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site144
Listing Provided ByKeller Williams Realty | Gary Steele

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,720
Story(s)2
Acreage19.83
Water FrontYes
Property ViewHill Country, Panoramic, Pond, R

Interior

Interior FeaturesTwo Primary Baths, Two Primary Suties, Breakfast Bar, Ceiling Fan(s), Ceiling-Vaulted, Quartz Counters, Eat-in Kitchen, Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
CoolingCentral Air
HeatingCentral
AppliancesDishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Free-Standing Electric Oven, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Softener Owned
Fireplace FeaturesGreat Room, Wood Burning
Fireplaces Total1
Window FeaturesDouble Pane Windows
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesBalcony, Dog Run, Exterior Steps, Private Yard
RoofMetal
Foundation DetailsSee Remarks
Lot FeaturesLevel, Native Plants, Private, Public Maintained Road, Subdivided, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Patio And Porch FeaturesCovered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around, See Remarks
FencingPerimeter
Construction MaterialsHardi Plank Type
Security FeaturesClosed Circuit Camera(s)

Parking

Parking FeaturesDriveway, Gravel, Unpaved
Garage Spaces0

Utilities

UtilitiesElectricity Connected, Water Connected
SewerSeptic Tank

Other

List AorAustin Board Of Realtors

Taxes

Property6275

Area Information

StateTX
CountyHays
CityDripping Springs
Zip Code78620
AreaHD
Community NameSponsellers
School DistrictDripping Springs ISD
Elementary SchoolWalnut Springs
High SchoolDripping Springs
Listing VS Median (in Sponsellers)
Price:
$1,700,000
low | high
Med:
$1,297,500
73.676470588235% of Average
sqft:
1,720
low | high
Med:
1,720
50% of Average
$ / sqft:
$988
low | high
Med:
$754
73.676470588235% of Average
On site:
144
low | high
Med:
114
100% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 28, 2026 at 11:46:19 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyHays
CityDripping Springs
Zip Code78620
AreaHD
Community NameSponsellers
School DistrictDripping Springs ISD
Elementary SchoolWalnut Springs
High SchoolDripping Springs
Listing VS Median (in Sponsellers)
Price:
$1,700,000
low | high
Med:
$1,297,500
73.676470588235% of Average
sqft:
1,720
low | high
Med:
1,720
50% of Average
$ / sqft:
$988
low | high
Med:
$754
73.676470588235% of Average
On site:
144
low | high
Med:
114
100% of Average
Sourced by Back At You
Listing Updated: August 1, 2026 at 12:51:08 PM PDT
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