Lot 17 Gracewood Way Dripping Springs, TX $ 1,150,000
Lot 17 Gracewood Way
$ 1,150,000
Recently Listed New Construction
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Lot 17 Gracewood Way

Dripping Springs, TX, 78620
$ 1,150,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 7,261

Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 1
Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 2
Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 3
Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 4
Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 5
Lot 17 Gracewood Way, Dripping Springs, TX 78620 - Image 6

Lots and Land for sale in Dripping Springs, TX

for $1,150,000. The lot size is 10.01.

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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Lots and Land Active

Price

$ 1,150,000

Property Type

Lots and Land

Taxes

$ 3,855

Style

Unimproved Land

Lot Size

10.01

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

8561112

Features
General
Sewer Private Sewer Septic Needed Septic Tank
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 Common Grounds Fishing Gated Park Underground Utilities Trail(s)
Assoc Fee Paid Per Monthly
County Hays
New Construction N
Property Type Land
HOA Y
Subdivision Name Maddalena Ranch
Other Structures None
Status Active
Directions From Austin take US-290 West towards Dripping Springs. Turn left onto Creek Road (after RR 12) and continue South. Creek Road winds into Mount Gainor Road. Turn left on Prochnow Road. Maddalena Ranch
High School Dripping Springs
City Dripping Springs
Disclosures None
Association Name Maddalena Ranch HOA
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 Gentle Sloping Native Plants Trees-Large (Over 40 Ft) Many Trees Views
Water Source Private
Lot Size Acres 10.01
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 17
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* Excluded Features
List By
Nicole Kessler

Listing Agent

Compass Re Texas, Llc

Broker

nicole.kessler@compass.com

Email

Affordability Calculator

$7,582
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/22/2026$1,150,000 Listed Price

Map


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Lot 17 Gracewood Way, Dripping Springs, TX, 78620 is a Lots and Land for sale at $1,150,000 with a lot size of 10.01. Lot 17 Gracewood Way has 0.0 baths. The property's zip code is 78620 which is in Dripping Springs, TX