Lot 20 Gracewood WAY, Dripping Springs TX 78620
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About This Property
The Private Grove on lot 20 opens up in all the right ways — wide at the back, generous in feel, and anchored by one of Maddalena Ranch's most commanding natural features: a majestic heritage oak that sets the tone for everything you'll build around it. Sweeping Hill Country views stretch across the horizon while a canopy of mature oaks frames the land with the kind of character that can't be manufactured or replicated. The extra width toward the rear gives you room to breathe — and room to dream — whether that's a sprawling main house, a guest wing, a pool, or simply more land between you and the rest of the world. Big views. Great trees. Room to do it right.
A rare opportunity to own a piece of the Texas Hill Country as it was meant to be experienced. 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
| Apr 8, 2026 | Listed | Listing Courtesy of Compass RE Texas, LLC - nicole.kessler@compass.com | $950,000 |
| Feb 12, 2025 | Off Market | ||
| May 17, 2024 | Listed | $8,750,000 |
| Aug 25, 2023 | Off Market | ||
| Dec 2, 2022 | Listed | $12,000,000 |
| Aug 25, 2023 | Off Market | ||
| Dec 2, 2022 | Listed | $12,000,000 |
| Dec 1, 2022 | Off Market | ||
| Jun 9, 2022 | Listed | $16,500,000 |
| Feb 6, 2017 | Off Market | ||
| Jul 16, 2015 | Listed | $3,276,000 |
| Aug 18, 2011 | Off Market | ||
| Jul 15, 2011 | Listed | $1,150 |
| Nov 20, 1999 | Off Market | ||
| Dec 9, 1998 | Listed | $375,000 |
| Nov 20, 1999 | Off Market | ||
| Dec 9, 1998 | Listed | $750,000 |
Frequently Asked Questions About Lot 20 Gracewood WAY, Dripping Springs TX 78620
How much does Lot 20 Gracewood WAY, Dripping Springs TX 78620 cost?
Lot 20 Gracewood WAY, Dripping Springs TX 78620 is listed for sale at $950,000.
What school district is Lot 20 Gracewood WAY, Dripping Springs TX 78620 in?
Lot 20 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 20 Gracewood WAY, Dripping Springs TX 78620 have an HOA?
Yes, Lot 20 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 20 Gracewood WAY, Dripping Springs TX 78620?
The lot at Lot 20 Gracewood WAY, Dripping Springs TX 78620 is 10.01 acres.
What type of property is Lot 20 Gracewood WAY, Dripping Springs TX 78620?
Lot 20 Gracewood WAY, Dripping Springs TX 78620 is a land property.
What subdivision is Lot 20 Gracewood WAY, Dripping Springs TX 78620 in?
Lot 20 Gracewood WAY, Dripping Springs TX 78620 is located in the Maddalena Ranch subdivision in Dripping Springs, TX.
How long was Lot 20 Gracewood WAY, Dripping Springs TX 78620 on the market?
Lot 20 Gracewood WAY, Dripping Springs TX 78620 was on the market for 1 days, listed on April 8, 2026.
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