LOT 20 GRACEWOOD WAY, DRIPPING SPRINGS, TX 78620
Homes for sale in Dripping Springs.
Homes for sale in 78620.
Lot 20 Gracewood Way
Dripping Springs, TX 78620
List Price$950,000
Listing #4963105
Lots / Land
Type
About This Property
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.
Property Features
Location Information
County
Hays
Subdivision
Maddalena Ranch
County
Hays
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.
Area
HD
Exterior Features
Is New Construction
No
Road Description
Asphalt
Possession
Closing & Funding, Close Of Escrow
Waterfront Description
None
Water / Sewer
Private Sewer
Has Waterfront
No
Water
Public
Has View
Yes
Lot Size in Acres
10.01
View
Hills, Panoramic, Trees/Woods
Zoning
Residential
School
Elementary School District
Dripping Springs ISD
Middle School
Dripping Springs Middle
Elementary School
Walnut Springs
High School
Dripping Springs
Additional Information
Other Utilities
Underground Utilities
Status
Active
Association Name
Maddalena Ranch
HOA Fee
$220
Property Type
LL
HOA Frequency
Monthly
Property SubType
Unimproved Land
HOA Includes
Common Area Maintenance
APN
1001010006000004
Documents Available
Aerial, Deed Restriction
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Mortgage Calculator
$4,435
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,423
Monthly Tax
$791
Monthly Insurance
$221
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.
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