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    • Price cut: $150K (6/1)
    $1,700,000

    4016 McGregor Ln, Dripping Springs, TX 78620

    3beds
    1,720sqft
    : 
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    Farm
    Built in 1983
    19.83 Acres Lot
    $1,599,000 Zestimate®
    $988/sqft
    $-- HOA

    What's special

    Wood-burning stovePerimeter fencedContemporary finishesStainless steel appliancesFully renovated residenceBeautiful remodeled farmhouseNew cabinetry
    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.
    101 days
    |
    77
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Steele (512) 426-9800,

    Keller Williams Realty (512) 829-2000,

    Clay Byrne (512) 942-7880,

    Keller Williams Realty

    Source: Unlock MLS,MLS#: 8364782MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Free-Standing Electric Oven, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Softener Owned
      Features
      • 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Quartz Counters, Electric Dryer Hookup, Eat-in Kitchen, Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
      • Flooring: Concrete, Tile, Wood
      • Windows: Double Pane Windows
      • Number of fireplaces: 1
      • Fireplace features: Great Room, Wood Burning
      Interior area
      • Total interior livable area: 1,720 sqft

      Property

      Parking
      • Parking features: Driveway, Gravel, Unpaved
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Multi/Split
      • Patio & porch: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around, See Remarks
      • Exterior features: Balcony, Dog Run, Exterior Steps, Private Yard
      • Pool features: None
      • Spa features: None
      • Fencing: Perimeter
      • Has view: Yes
      • View description: Hill Country, Panoramic, Pond, Rural, Trees/Woods
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Dry/Seasonal, Pond
      Lot
      • Size: 19.83 Acres
      • Features: Level, Native Plants, Private, Public Maintained Road, Subdivided, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: 1180400000002004
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Materials
      • Foundation: See Remarks
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Sponsellers
      HOA
      • Has HOA: No
      Location
      • Region: Dripping Springs

      Financial & listing details

      • Price per square foot: $988/sqft
      • Tax assessed value: $383,745
      • Annual tax amount: $6,275
      • Date on market: 4/6/2026
      • Listing terms: Cash,Conventional,Owner May Carry,VA Loan
      • Electric utility on property: Yes
      • Road surface type: PVD

        Estimated market value

        $1,599,000

        $1.52M - $1.68M

        $2,954/mo

        Price history

        DateEventPrice
        6/1/2026Price change$1,700,000-8.1%$988/sqft
        Source: Unlock MLS #8364782 Report a problem
        4/3/2026Listed for sale$1,850,000+117.7%$1,076/sqft
        Source: Unlock MLS #1583142 Report a problem
        11/27/2025Listing removed$849,900$494/sqft
        Source: NTREIS #21045382 Report a problem
        8/29/2025Price change$849,900-34.6%$494/sqft
        Source: NTREIS #21045382 Report a problem
        5/16/2025Price change$1,299,000+52.8%$755/sqft
        Source: Unlock MLS #3834029 Report a problem
        5/14/2025Price change$849,900-43.3%$494/sqft
        Source: Unlock MLS #2904121 Report a problem
        2/28/2025Price change$1,499,800+66.7%$872/sqft
        Source: Unlock MLS #3329477 Report a problem
        2/28/2025Listed for sale$899,900-40%$523/sqft
        Source: Unlock MLS #2904121 Report a problem
        2/28/2025Listing removed$1,499,800+66.7%$872/sqft
        Source: Unlock MLS #5615987 Report a problem
        2/19/2025Price change$899,900-40%$523/sqft
        Source: Unlock MLS #7051093 Report a problem
        2/19/2025Price change$1,499,800-34.8%$872/sqft
        Source: Unlock MLS #5615987 Report a problem
        11/4/2024Price change$2,300,000+53.3%$1,337/sqft
        Source: Unlock MLS #5615987 Report a problem
        10/30/2024Listed for sale$1,500,000$872/sqft
        Source: Unlock MLS #7051093 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $383,745 -8.9%
        2024$6,591 -12.5%$421,374 -15.5%
        2023$7,534 +4.2%$498,940 +17.7%
        2022$7,232 +20.8%$424,030 +28%
        2021$5,988 +12.5%$331,330 +16.4%
        2020$5,324 +2.3%$284,580 +7.2%
        2019$5,207 -0.3%$265,590 +4.9%
        2018$5,220 +3.3%$253,140 +3.8%
        2017$5,055 +4.1%$243,780 +4.9%
        2016$4,857 +14.9%$232,440 +6.8%
        2015$4,228 $217,630 +7.7%
        2014$4,228 $202,000 +2.6%
        2013-- $196,840
        2012-- $196,840
        2011-- $196,840
        2010-- $196,840 -2.1%
        2009-- $200,970 +9.8%
        2007-- $182,990 +4.7%
        2006-- $174,740 +3.7%
        2005-- $168,550 +1.2%
        2004-- $166,490 +1.3%
        2003-- $164,420 +4%
        2002-- $158,120 +3%
        2001-- $153,580 +10.6%
        2000-- $138,830
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 78620

        Getting around

        1 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Walnut Springs
        • Middle: Dripping Springs Middle
        • High: Dripping Springs
        • District: Dripping Springs ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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