
— bed, — bath on 10.01 acres in Dripping Springs. Dripping Springs, TX 78620. $950,000. Dripping Springs ISD.
Anchored by a majestic heritage oak that will define whatever you build around it, this homesite is layered with mature oaks from front to back, offering shade, structure, and the kind of natural character that can't be planted in. Sweeping Hill Country views stretch across the horizon, giving the lot both intimacy and scale: sheltered where you live, wide open where you look.
A rare opportunity to own a piece of the Texas Hill Country as it was meant to be experienced. Maddalena Ranch is a private, high-fenced luxury ranch community set across 233 acres of thoughtfully preserved land, featuring just 23 ten-acre homesites designed around heritage oaks, panoramic views, and roaming Axis deer. Just minutes from Dripping Springs and 30 to 40 minutes from Austin, Maddalena offers the seclusion of a private ranch with the convenience of city proximity.
The land speaks for itself: rolling topography, a seasonal creek with spring-fed grottos, a private fishing lake, mature hardwoods, and a 15-acre shared preserve with trails for hiking and biking. Ag-exempt tax benefits add long-term value to an already compelling investment. Guided by architectural standards that celebrate Hill Country authenticity, native stone, generous overhangs, and homes designed to sit naturally on the land rather than compete with it, every homesite is an opportunity to build something truly personal.
Homesites are priced from $825,000 to $1,150,000, with finished home values projected in the $3M to $5M+ range. Dripping Springs ISD.
Verified property facts
Lot 19 Gracewood WAY is listed at $950,000 with 0 bedrooms, 10.01-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
Lot 19 Gracewood WAY is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
Lot 19 Gracewood WAY is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
This page does not assume a mortgage rate or publish a monthly payment for Lot 19 Gracewood WAY. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at Lot 19 Gracewood WAY, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($190K)
Adjustable assumption - not a lending recommendation.
$950,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$950,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
4 days
Original to current
No verified reduction
$950K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, Lot 19 Gracewood WAY is offered at $950,000. The current MLS snapshot shows 223 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing reports HOA or association dues of $220 monthly for Lot 19 Gracewood WAY. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Active listings near Lot 19 Gracewood WAY
Recent sales for market context