4016 McGregor Ln Lot 1-2 — photo 1
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$975,000

4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620

3 bd·2 ba·1,720 sqft·$567/sqft

MLS #243045295 · Keller Williams Realty · Gary Steele

Market insights

Compared with 294 active homes in ZIP 78620 · HomeLocating listings

Area median price
$712,000
This home vs. median
37% above
Homes with a price cut
19%

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

Schools

Assigned schools per the MLS.

School district
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs

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.

Location

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Listing courtesy of Keller Williams Realty · Gary Steele

Listing data last updated Aug 1, 2026, 11:46 AM

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