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. Owner Financing is welcome...
Bedrooms
3
Bathrooms
2
Square Feet
1,720
Lot Size
9.83 acres
Year Built
1983
Tax Assessed
$383,745 (2025)
Property Tax
$6,275.54/yr (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 56m ago.
As assigned by the MLS listing; verify with the district.
4016 McGregor Ln Lot 1-2
Dripping Springs, TX 78620
Loan Term
Est. Monthly Payment
$5,272
Property tax is the county's 2025 bill of $6,276, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
Find Similar Properties
SuperSearch finds more listings than Zillow
Coming Soon