Lot 17 Gracewood WAY, Dripping Springs TX 78620
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About This Property
Set at the very back of Maddalena Ranch on a quiet cul-de-sac, Lot 17 is the definition of private. No through traffic, no passing headlights, just the end of the road and ten acres of your own. Mature hardwoods blanket the homesite, delivering the kind of canopy and seclusion that takes generations to grow, while stunning long-range Hill Country views open across the horizon. A natural ravine runs through the property, offering potential for a private pond and the soft sound of water just beyond the back porch.
Maddalena Ranch is a private, high-fenced luxury ranch community set across 233 acres of thoughtfully preserved land, featuring just 23 ten-acre homesites designed around heritage oaks, panoramic views, and roaming Axis deer. Just minutes from Dripping Springs and 30–40 minutes from Austin, Maddalena offers the seclusion of a private ranch with the convenience of city proximity. The land speaks for itself: rolling topography, a seasonal creek with spring-fed grottos, a private fishing lake, mature hardwoods, and a 15-acre shared preserve with trails for hiking and biking. Ag-exempt tax benefits add long-term value to an already compelling investment. Guided by architectural standards that celebrate Hill Country authenticity - native stone, generous overhangs, and homes designed to sit naturally on the land, not compete with it - every homesite is an opportunity to build something truly personal. Homesites are priced from $825,000 to $1,150,000, with finished home values projected in the $3M–$5M+ range. Dripping Springs ISD. Pricing and availability subject to change. Lot details are accurate to the best of our knowledge at time of listing.
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This property has HOA fees of $220/monthly.
Listing History
| Sep 22, 2026 | Listed | Listing Courtesy of Compass RE Texas, LLC - nicole.kessler@compass.com | $1,150,000 |
Frequently Asked Questions About Lot 17 Gracewood WAY, Dripping Springs TX 78620
How much does Lot 17 Gracewood WAY, Dripping Springs TX 78620 cost?
Lot 17 Gracewood WAY, Dripping Springs TX 78620 is listed for sale at $1,150,000.
What school district is Lot 17 Gracewood WAY, Dripping Springs TX 78620 in?
Lot 17 Gracewood WAY, 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).
Does Lot 17 Gracewood WAY, Dripping Springs TX 78620 have an HOA?
Yes, Lot 17 Gracewood WAY, Dripping Springs TX 78620 has an HOA fee of $220 per monthly. The HOA includes common area maintenance.
How big is the lot at Lot 17 Gracewood WAY, Dripping Springs TX 78620?
The lot at Lot 17 Gracewood WAY, Dripping Springs TX 78620 is 10.01 acres.
What type of property is Lot 17 Gracewood WAY, Dripping Springs TX 78620?
Lot 17 Gracewood WAY, Dripping Springs TX 78620 is a land property.
What subdivision is Lot 17 Gracewood WAY, Dripping Springs TX 78620 in?
Lot 17 Gracewood WAY, Dripping Springs TX 78620 is located in the Maddalena Ranch subdivision in Dripping Springs, TX.
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