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

Dripping Springs, TX 78620 | Sponsellers

$895,000 $520/sqft ▼ $80,000 (8.2%)
3 Beds
2 Baths 2 Full
1,720 Sq Ft
9.83 Acres
1983 Built

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...

Property Highlights

View Hill Country, Panoramic, Pond, Rural, Trees/Woods

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

Schools

Property Details

Property Type Residential
Construction HardiPlank Type
Roof Metal
Foundation See Remarks, Pillar/Post/Pier
Levels Two
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Fireplace Great Room, Wood Burning
Exterior See Remarks, Balcony, Dog Run, Exterior Steps, Gutters Partial, Kennel, Private Yard
County Hays
MLS # 6786704
Parking 8 spaces: Driveway, Gravel, Unpaved
Windows Double Pane Windows
Security Closed Circuit Camera(s)

Lot, Outdoor & Utilities

Lot Features Level, Native Plants, Private, Public Maintained Road, Subdivided, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Patio & Porch Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around
Fencing Perimeter
Other Structures Outbuilding, Shed(s)
Water Well
Sewer Septic Tank
Utilities Electricity Connected, Water Connected

HOA & Community

Community Features None

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Property Taxes $0
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Tax Information

Annual Taxes (MLS) $6,276 (2025)
Assessed Value $383,745
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, Owner May Carry, VA Loan
Sale Type Standard
Possession Funding
Disclosures Seller Disclosure, Seller Provided Survey Available

Listing History

MLS# 6786704 - Updated Oct 29, 2026 111 days
Aug 6, 2026 Price Change $895,000
Jun 5, 2026 Listed Listing Courtesy of Keller Williams Realty - gary@​steeleactionteam.com $975,000

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. It is hardiplank type construction with 1,720 square feet on a 9.83 acre lot.

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). The tax assessed value is $383,745.

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 on a see remarks, pillar/post/pier foundation.

Does 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 have a garage?

4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 has parking. Parking features include driveway, gravel, unpaved.

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. Community features include none.

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 111 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.

What are the roof and foundation at 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620?

The listing reports a metal roof and a pillar/post/pier foundation at 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620.

What financing does the seller of 4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620 accept?

The listing says the seller accepts cash, conventional, owner may carry, va loan financing.

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