4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620
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About This Property
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...
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
Location
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Tax Information
Listing History
| Aug 6, 2026 | Price Change | $895,000 | |
| Jun 5, 2026 | Listed | Listing Courtesy of Keller Williams Realty - gary@steeleactionteam.com | $975,000 |
| Nov 23, 2025 | Off Market | ||
| Feb 20, 2025 | Listed | $599,900 |
Frequently Asked Questions About 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620
When was 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 built?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 was built in 1983.
How much does 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 cost?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 is listed for sale at $895,000. That is $520 per square foot.
How many bedrooms and bathrooms does 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 have?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 has 3 bedrooms and 2 bathrooms (2 full) with 1,720 square feet of living space.
What school district is 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 in?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 is in the Dripping Springs ISD school district. Assigned schools include Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high school).
What are the property taxes on 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620?
The annual property taxes on 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 are $6,276 (as of 2025).
How big is the lot at 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620?
The lot at 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 is 9.83 acres, and the home has 1,720 square feet of living space.
What type of property is 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 is a residential property.
What subdivision is 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 in?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 is located in the Sponsellers subdivision in Dripping Springs, TX.
How long was 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 on the market?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 was on the market for 62 days, listed on June 5, 2026.
What heating and cooling does 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 have?
4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 has central heating and central air cooling.
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