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Dripping Springs · Sponsellers

$1,850,000 35 days on market

4016 McGregor Ln, Dripping Springs, TX 78620

  • 3bedrooms
  • 2bathrooms
  • 1,720sqft
  • 19.8acres
  • 1983year built

About this home

A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 3 additional 5 acre tracts making this—perfectly suited for builders, developers, or for those seeking a private 19.83 acre estate of pristine land, offering a compelling opportunity to build multiple 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. With four legal tracts, this property offers incredible flexibility—ideal for a builder looking to develop custom homes, a buyer seeking a multi-generational compound, or someone wanting to secure a large, private Hill Country estate. This estate is a jewel and only 15 minutes from Dripping Springs.

Property

Type
Single Family Residence
Levels
Multi/Split
Year built
1983
Lot size
19.83 acres
Subdivision
Sponsellers
MLS #
ACT1583142

Inside

Bedrooms
3
Bathrooms
2
Living area
1,720 sqft
Fireplaces
1

Schools

Elementary
Walnut Springs
High school
Dripping Springs
District
Dripping Springs ISD

Costs

Est. annual taxes
$6,276 (2025)

Listing

First listed
Apr 3, 2026
Days listed
35
Status
Active

Listed by Gary Steele, Keller Williams Realty · [email protected] · MLS# ACT1583142 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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