A picturesque creek crossing sets the stage for this remarkable, unrestricted 46-acre Texas Hill Country retreat, where abundant wildlife, breathtaking sunset views, and a scenic loop trail create an unforgettable setting. The property sits behind a gated entrance, fully fenced, in Dripping Springs ISD, 20 minutes from downtown Dripping Springs and 15 minutes from Pedernales Falls State Park trailheads, with wineries, breweries, and wedding venues nearby. Rolling topography, dozens of mature oak and pecan trees, and a wildlife exemption keep the land beautiful and the taxes low. A 2,148 sq. ft. natural stone home (2BR/1.5BA) anchors the property with a large stone fireplace, saltillo tile floors, exposed beams, covered porches, and two outdoor fire pits. Ten climate-controlled STR units are already in place, each with a king bed, two-story deck with hot tub, fire pit, kitchenette, outdoor stone shower, private bath, and rooftop hammock. Underground infrastructure is fully built out: 10,000+ feet of buried utilities and septic to every unit, a well, and a 32,000-gallon water catchment tank. Approximately 20 acres are undeveloped. Ideal for a private family compound, legacy estate, multi-generational retreat, or the buyer's own STR venture. The kitchen in the main house was converted to a reception/office space; however, the plumbing and electrical are in place and could easily be converted back. Seller is willing to remove the yurts at buyer's request.
Active under contract
Price cut: $350K (6/9)
$3,150,000
7000 McGregor Ln, Dripping Springs, TX 78620
12beds
2,148sqft
Single Family Residence
Built in 1985
46.02 Acres Lot
$-- Zestimate®
$1,466/sqft
$-- HOA
What's special
Large stone fireplaceFully fencedCovered porchesTwo outdoor fire pitsPicturesque creek crossingRooftop hammockSaltillo tile floors
- 95 days
- 378
- 21
Zillow last checked:
Listing updated:
Listed by:
Robin Barker (281) 444-3900,
Keller Williams Realty Professionals (281) 444-3900
Source: Unlock MLS,MLS#: 2729160
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 11
- 1/2 bathrooms: 1
- Main level bedrooms: 12
Heating
- Central, See Remarks
Cooling
- Ceiling Fan(s), Electric, Varies by Unit, Other
Appliances
- Included: Free-Standing Refrigerator, See Remarks
Features
- Ceiling Fan(s), Beamed Ceilings, Electric Dryer Hookup, Open Floorplan, Washer Hookup
- Flooring: Tile, Wood
- Windows: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 2,148 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking
- Garage spaces: 2
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Exterior features: Private Entrance, Private Yard, Restricted Access, See Remarks
- Pool features: None
- Fencing: Full, See Remarks
- Has view: Yes
- View description: Creek/Stream, Hill Country, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek
Lot
- Size: 46.02 Acres
- Features: Gentle Sloping
Details
- Additional structures: Barn(s), Bathroom, Outbuilding, Storage, See Remarks
- Has additional parcels: Yes
- Parcel number: R60518
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank, See Remarks
- Water: Well
- Utilities for property: Electricity Connected, Other, Propane, See Remarks
Community & HOA
Community
- Features: None
- Subdivision: Hurlbut Ranch West
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $1,466/sqft
- Tax assessed value: $660,560
- Annual tax amount: $722
- Date on market: 6/1/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Contingent | $3,150,000$1,466/sqft |
Source:  Unlock MLS #2729160 Report a problem | ||
| 6/9/2026 | Price change | $3,150,000-10%$1,466/sqft |
Source: Unlock MLS #2729160 Report a problem | ||
| 6/1/2026 | Price change | $3,500,000-26.3%$1,629/sqft |
Source: Unlock MLS #2729160 Report a problem | ||
| 5/28/2025 | Price change | $4,750,000-13.4%$2,211/sqft |
Source: Unlock MLS #5956047 Report a problem | ||
| 3/1/2025 | Listed for sale | $5,485,000$2,554/sqft |
Source: Unlock MLS #2270066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $638,328 +20% |
| 2024 | $8,320 -12.5% | $531,940 -15.5% |
| 2023 | $9,504 +175.6% | $629,420 +96.7% |
| 2022 | $3,448 -0.3% | $319,946 +10% |
| 2021 | $3,458 +0.1% | $290,860 +8.9% |
| 2020 | $3,454 -0.1% | $267,010 +3.5% |
| 2019 | $3,456 +1% | $257,990 +5.8% |
| 2018 | $3,421 +0.2% | $243,820 +2.7% |
| 2017 | $3,414 +0.4% | $237,380 +6.4% |
| 2016 | $3,401 -0.7% | $223,200 +5.5% |
| 2015 | $3,423 | $211,590 +5.8% |
| 2014 | $3,423 | $199,990 +3.3% |
| 2013 | -- | $193,550 |
| 2012 | -- | $193,550 |
| 2011 | -- | $193,550 |
| 2010 | -- | $193,550 -2.6% |
| 2009 | -- | $198,700 +1.9% |
| 2007 | -- | $194,910 +5.6% |
| 2006 | -- | $184,600 +4.4% |
| 2005 | -- | $176,870 +1.5% |
| 2004 | -- | $174,300 +1.5% |
| 2003 | -- | $171,720 |
| 2002 | -- | $171,720 +4% |
| 2001 | -- | $165,090 +11.3% |
| 2000 | -- | $148,340 |
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.
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