Lot 20 Gracewood Way Dripping Springs, TX $ 950,000
Lot 20 Gracewood Way
$ 950,000
Recently Listed New Construction
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Lot 20 Gracewood Way

Dripping Springs, TX, 78620
$ 950,000
Baths0.0

Monthly Estimate*

$ 5,849

Lot 20 Gracewood Way, Dripping Springs, TX 78620 - Image 1
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Lot 20 Gracewood Way, Dripping Springs, TX 78620 - Image 10
Studio

Lots and Land for sale in Dripping Springs, TX

for $950,000. The lot size is 10.01.

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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Lots and Land Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,854

Style

Unimproved Land

Lot Size

10.01

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

4963105

Features
General
Sewer Private Sewer
Utilities Underground Utilities
Zoning Residential
HOA Fee 220
Association Fee Includes Common Area Maintenance
View Hill Country Panoramic Trees/Woods
Property Subtype Unimproved Land
Tax Year 2025
Waterfront Features None
Community Features Fishing Park Trail(s)
Assoc Fee Paid Per Monthly
County Hays
New Construction N
Property Type Land
HOA Y
Subdivision Name Maddalena Ranch
Other Structures See Remarks
Status Active
Directions From Austin take US-290 West toward Dripping Springs. Turn left onto Creek Road (after Ranch Road 12) and continue south. Creek Rd winds into Mount Gainor Rd. Turn left at Prochnow Road.
High School Dripping Springs
City Dripping Springs
Disclosures None
Association Name Maddalena Ranch
MLS Area HD
Lot Size Square Feet 436035.6
Elementary School Walnut Springs
Middle/Junior High School Dripping Springs Middle
Property Condition To Be Built
Additional Parcels Y/N N
Standard Status Active
Tax Assessed Value 235730
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Exterior
Lot Features Agricultural
Water Source Public
Lot Size Acres 10.01
Road Surface Type Asphalt
Waterfront Y/N N
Horse Y/N N
Horse Amenities None
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Interior
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Nicole Kessler

Listing Agent

Compass Re Texas, Llc

Broker

nicole.kessler@compass.com

Email

Affordability Calculator

$6,170
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360196 Elementary School
4360235 Middle School
Dripping Springs High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$950,000 Listed Price

Map


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Lot 20 Gracewood Way, Dripping Springs, TX, 78620 is a Lots and Land for sale at $950,000 with a lot size of 10.01. Lot 20 Gracewood Way is a studio with 0.0 baths. The property's zip code is 78620 which is in Dripping Springs, TX