4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620
MLS #243045295 · Keller Williams Realty · Gary Steele
About this home
The purchase of Lots 1 & 2 includes the exclusive opportunity to acquire two additional adjoining 5-acre tracts (Lots 3 & 4), each offered separately at $397,500. A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 1 additional 5 acre tract making this—perfectly suited for builders, developers, or for those seeking a private 9.83 acre estate of pristine land with numerous gorgeous oak trees, offering a compelling opportunity to build 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. Bring your horses and livestock. Owner Financing is welcome...
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1983
- Full baths
- 2
- Lot size
- 9.83
- Subdivision
- Sponsellers
- MLS area
- HD
- MLS #
- 243045295
Features
Interior features
- 2 Primary Baths
- 2 Primary Suites
- Breakfast Bar
- Ceiling Fan(s)
- Vaulted Ceiling(s)
- Quartz Counters
- Electric Dryer Hookup
- Eat-in Kitchen
- Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- See Remarks
- Balcony
- Dog Run
- Exterior Steps
- Gutters Partial
- Kennel
- Private Yard
Additional details
- Parking
- Driveway, Gravel, Unpaved
- Garage spaces
- 0
- Roof
- Metal
- Foundation
- See Remarks, Pillar/Post/Pier
- Annual tax
- $6,275
Location
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Schools
Assigned schools per the MLS.
- School district
- Dripping Springs ISD
- Elementary
- Walnut Springs
- Middle
- Dripping Springs Middle
- High
- Dripping Springs
Comparable homes near 4016 McGregor Ln Lot 1-2
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 24.5 mi
- Austin-Bergstrom Airport
- 29.5 mi
Straight-line distance, not drive time.
Market insights
Compared with 447 active homes in ZIP 78620 · HomeLocating listings
At $895,000, this home is priced 29% above the $695,000 median across 447 active homes in ZIP 78620.
Estimated monthly payment
Home price
$895,000
Down payment
20% ($179,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Keller Williams Realty · Gary Steele
Listing data last updated Oct 2, 2026, 11:46 PM
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