4016 McGregor Ln Lot 1-2 Dripping Springs, TX $ 975,000
4016 McGregor Ln Lot 1-2
$ 975,000
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4016 McGregor Ln Lot 1-2

Dripping Springs, TX, 78620
$ 975,000
Bedrooms3 Baths2.0 Sq 1,720

Monthly Estimate*

$ 6,003

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Single Family Home for sale in Dripping Springs, TX

for $975,000 with 3 bedrooms and 2 full baths. This 1,720 square foot home was built in 1983 on a lot size of 9.83.

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.

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Single Family Active

Price

$ 975,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,275

Style

Single Family Residence

Lot Size

9.83

Year Built

1983

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

6786704

Features
General
Living Area 1720
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Metal
Appliances Dishwasher Disposal Electric Cooktop Exhaust Fan Microwave Free-Standing Electric Oven Free-Standing Range Free-Standing Refrigerator Self Cleaning Oven Stainless Steel Appliance(s) Vented Exhaust Fa
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch Patio Rear Porch Side Porch Wrap Around See Remarks
Pool Features None
Security Features Closed Circuit Camera(s)
Construction Materials HardiPlank Type
Year Built 1983
View Hill Country Panoramic Pond Rural Trees/Woods
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dry/Seasonal Pond
Community Features None
Accessibility None
County Hays
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Sponsellers
Facing Direction South
Green Sustainability None
Other Structures Outbuilding Shed(s)
Full Baths 2
Status Active
Directions From Austin/Downtown Dripping Springs: Take Hwy 290 West right on McGregor Ln. Head north on McGregor Ln stay on McGregor Ln which will jog around to the right at the intersection of Fitzhugh. Contin
High School Dripping Springs
City Dripping Springs
Disclosures Seller Disclosure Seller Provided Survey Available
MLS Area HD
Lot Size Square Feet 428194.8
Spa Features None
Elementary School Walnut Springs
Tax Annual Amount 6275.54
Middle/Junior High School Dripping Springs Middle
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 383745
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Interior
Interior Amenities 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)
Flooring Concrete Tile Wood
Total Fireplaces 1
Fireplace Features Great Room Wood Burning
Window Features Double Pane Windows
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 2
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Exterior
Exterior Amenities See Remarks Balcony Dog Run Exterior Steps Rain Gutters Kennel Private Yard
Fencing Perimeter
Parking Features Driveway Gravel Unpaved
Lot Features Level Native Plants Private Public Maintained Road Subdivided Many Trees Trees-Medium (20 Ft - 40 Ft) Views
Water Source Well
Total Parking 8
Foundation Details See Remarks Pillar/Post/Pier
Lot Size Acres 9.83
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 4016
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* Excluded Features
List By
Gary Steele

Listing Agent

Keller Williams Realty

Broker

gary@steeleactionteam.com

Email

Affordability Calculator

$6,526
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$523
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
6/5/2026$975,000 Listed Price

Map


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4016 McGregor Ln Lot 1-2, Dripping Springs, TX, 78620 is a Single Family Home for sale at $975,000 with 1,720 sqft and a lot size of 9.83. 4016 McGregor Ln Lot 1-2 has 3 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 78620 which is in Dripping Springs, TX