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. Owner Financing is welcome...
Active
$1,700,000
4016 McGregor Ln, Dripping Springs, TX 78620
3beds
1,720sqft
Farm
Built in 1983
19.83 Acres Lot
$1,580,900 Zestimate®
$988/sqft
$-- HOA
What's special
Perimeter fencedContemporary finishesComplete beautiful remodeled farmhouseStainless steel appliancesFully renovated residenceNew cabinetryFully redesigned kitchen
- 148 days
- 65
- 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#: 8364782
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: Two
- Stories: 2
- 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
$1,580,900
$1.50M - $1.66M
$2,757/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $1,700,000-8.1%$988/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $1,850,000+117.7%$1,076/sqft |
Source: | ||
| 11/27/2025 | Listing removed | $849,900$494/sqft |
Source: NTREIS #21045382 Report a problem | ||
| 8/29/2025 | Price change | $849,900-34.6%$494/sqft |
Source: NTREIS #21045382 Report a problem | ||
| 5/16/2025 | Price change | $1,299,000+52.8%$755/sqft |
Source: | ||
| 5/14/2025 | Price change | $849,900-43.3%$494/sqft |
Source: | ||
| 2/28/2025 | Price change | $1,499,800+66.7%$872/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $899,900-40%$523/sqft |
Source: | ||
| 2/28/2025 | Listing removed | $1,499,800+66.7%$872/sqft |
Source: | ||
| 2/19/2025 | Price change | $899,900-40%$523/sqft |
Source: | ||
| 2/19/2025 | Price change | $1,499,800-34.8%$872/sqft |
Source: | ||
| 11/4/2024 | Price change | $2,300,000+53.3%$1,337/sqft |
Source: | ||
| 10/30/2024 | Listed for sale | $1,500,000$872/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 78620
Nearby schools
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.







