4016 MCGREGOR LN LOT 1-2, DRIPPING SPRINGS, TX 78620
Homes for sale in Dripping Springs.
Homes for sale in 78620.
List Price$975,000
4016 McGregor Ln Lot 1-2
Dripping Springs, TX 78620
Listing #6786704
3
Bedrooms
2 full
Bathrooms
1,720
Square Feet
House
Type
About This Property
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.
Property Features
Location Information
County
Hays
Subdivision
Sponsellers
County
Hays
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. Continue north on McGregor for about 1/2 mile. Property is on the right. Alt route: Hwy 290 West, right/north on Ranch Rd 12, left/west on Fitzhugh Rd, then right/north at stop sign intersection onto McGregor Lane.
Area
HD
Interior Features
Interior
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Interior Steps, Main Level Primary, Multiple Primary Suites, Open Floorplan, Pantry, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Heating
Central
Primary Bedroom On Main
Yes
Floors
Concrete, Tile, Wood
Full Baths
2
Laundry
Inside, Lower Level, Washer Hookup, Electric Dryer Hookup
Has Fireplace
Yes
Disabled Features
None
Number of Fireplaces
1
Appliances
Dishwasher, Electric Cooktop, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Range, Free-Standing Refrigerator, Disposal, Microwave, Water Softener Owned, Self Cleaning Oven, Stainless Steel Appliance(s), Water Softener, Tankless Water Heater, VentedExhaust Fa
Fireplace Description
Great Room, Wood Burning
Accessibility
None
Exterior Features
Style
HardiPlank Type
Parking Description
Driveway, Gravel, Unpaved
Is New Construction
No
Garage Spaces
0
Construction/Exterior
HardiPlank Type
Fencing
Perimeter
Exterior
Balcony, Dog Run, Exterior Steps, Kennel, Private Yard, Rain Gutters, See Remarks
Lot Size in Acres
9.83
Foundation
Pillar/Post/Pier, See Remarks
Waterfront Description
Pond, Seasonal
Possession
Closing & Funding
Has Waterfront
No
Water / Sewer
Septic Tank
Has View
Yes
Water
Well
View
Hills, Panoramic, Pond, Rural, Trees/Woods
School
Elementary School District
Dripping Springs ISD
Middle School
Dripping Springs Middle
Elementary School
Walnut Springs
High School
Dripping Springs
Additional Information
Roof/Attic
Metal
APN
1180400000001004
Other Utilities
Electricity Connected, Water Connected
Status
Active
Property Type
SFR
Documents Available
Survey
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1983
Similar Listings
Mortgage Calculator
$4,552
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,513
Monthly Tax
$812
Monthly Insurance
$227
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of: Keller Williams Realty (512) 426-9800
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at June 6, 2026, 7:53 PM CT
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