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Crystal Olenbush

512-344-6000
  • 4016 Mcgregor Lane

  • $1,850,000
  • 3 Beds, 2 Bath, 1720 SQ. Feet, 19.83 Acres Residential Dripping Springs, TX 78620

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.

Essential Information

  • MLS® #1583142
  • Price$1,850,000
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,720
  • Acres19.83
  • Year Built1983
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address4016 Mcgregor Lane
  • SubdivisionSponsellers
  • CityDripping Springs
  • CountyHays
  • StateTX
  • Zip Code78620

Amenities

  • FeaturesNone
  • ParkingDriveway, Gravel, Unpaved
  • WaterfrontPond, Seasonal

Utilities

Electricity Connected, Water Connected

View

Hills, Panoramic, Pond, Trees/Woods, Rural

Interior

  • InteriorTile, Wood, Concrete
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesGreat Room, Wood Burning
  • StoriesMulti/Split

Appliances

Dishwasher, Electric Cooktop, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Range, Free-Standing Refrigerator, Disposal, Microwave, Water Softener Owned, Stainless Steel Appliance(s), Tankless Water Heater

Exterior

  • WindowsDouble Pane Windows
  • RoofMetal
  • ConstructionHardiPlank Type
  • FoundationSee Remarks

Exterior Features

Balcony, Exterior Steps, Private Yard, Dog Run

Lot Description

Level, Native Plants, Private, Many Trees, Trees Medium Size, Views, Subdivided

School Information

  • DistrictDripping Springs ISD
  • ElementaryWalnut Springs
  • MiddleDripping Springs Middle
  • HighDripping Springs

Map & Directions

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Property Listed by: Keller Williams Realty

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 the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 16th, 2026 at 6:16pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.