Active · MLS# 8364782

4016 McGregor Ln

Dripping Springs, TX, 78620

$1,700,000

3 Beds · 2 Baths · 1,720 SF · $988/SF

A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 3 additional 5 acre tracts making this—perfectly suited for builders, developers, or for those seeking a private 19.83 acre estate of pristine land, offering a compelling opportunity to build multiple 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. With four legal tracts, this property offers incredible flexibility—ideal for a builder looking to develop custom homes, a buyer seeking a multi-generational compound, or someone wanting to secure a large, private Hill Country estate. This estate is a jewel and only 15 minutes from Dripping Springs. Owner Financing is welcome...

Property Details

Property type

Single Family Residence

Living area

1,720 sq ft

Bedrooms

3

Bathrooms

2 full

Year built

1983

Lot size

19.83 acres

Subdivision

Sponsellers

County

Hays

Annual taxes

$6,276

Schools

Elementary

Walnut Springs

Middle

Dripping Springs Middle

High

Dripping Springs

Features

Interior

Two Primary Baths · Two Primary Suties · Breakfast Bar · Ceiling Fan(s) · Ceiling-Vaulted · Quartz Counters · Eat-in Kitchen · Interior Steps · Open Floorplan · Pantry · Primary Bedroom on Main · Walk-In Closet(s)

Exterior

Balcony · Dog Run · Exterior Steps · Private Yard

Flooring

Concrete · Tile · Wood

Heating

Central

Cooling

Central Air

Views

Hill Country · Panoramic · Pond · Rural · Trees/Woods

Listing courtesy of Gary Steele, Keller Williams Realty. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.