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Keenan Group#1 Austin Board of Realtors Team 2024
4016 McGregor Ln Lot 1-2, photo 1 of 32, Dripping Springs, Dripping Springs, TX
Active

$895,000

3Beds
2Baths
1,720Sq Ft
9.83 acresLot

4016 McGregor Ln Lot 1-2, Dripping Springs, TX 78620

Reduced 8%$975,000
Dripping Springs·MLS# 6786704·Built 1983·139 days on market

3 bed, 2 bath, 1,720 sqft on 9.83 acres in Dripping Springs. Dripping Springs, TX 78620. $895,000. Dripping Springs ISD.

About This Home

The purchase of Lots 1 & 2 includes the exclusive opportunity to acquire two additional adjoining 5-acre tracts (Lots 3 & 4), each offered separately at $397,500. A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 1 additional 5 acre tract making this—perfectly suited for builders, developers, or for those seeking a private 9.83 acre estate of pristine land with numerous gorgeous oak trees, offering a compelling opportunity to build 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. Bring your horses and livestock. Owner Financing is welcome...

Property Type
Residential
Year Built
1983
Lot Size
9.83 acres
Price / Sq Ft
$520

Listing information last updated September 24, 2026.

Listed by Keller Williams Realty

MLS# 6786704 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 9.83-acre lot
Two Primary Baths
Two Primary Suties
Breakfast Bar
Ceiling Fan(s)
Ceiling-Vaulted

Facts & Features

Interior

Features

  • Two Primary Baths
  • Two Primary Suties
  • Breakfast Bar
  • Ceiling Fan(s)
  • Ceiling-Vaulted
  • Quartz Counters
  • Eat-in Kitchen
  • Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Appliances

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

Flooring

  • Concrete
  • Tile
  • Wood
Heating
Central
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Dog Run
  • Exterior Steps
  • Rain Gutters
  • Kennel
  • Private Yard

Construction

  • Hardi
  • Plank Type

Lot Features

  • Level
  • Native Plants
  • Private
  • Public Maintained Road
  • Subdivided
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Perimeter

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Covered
  • Deck
  • Front Porch
  • Patio
  • Rear Porch
  • Side Porch
  • Wrap Around
Roof
Metal
Lot Size
9.83 Acres

Parking

  • Driveway
  • Gravel
  • Unpaved

Waterfront

  • Dry
  • Seasonal
  • Pond
Financial
Original List Price
$975,000
Price per Sq Ft
$520
Utilities
  • Electricity Connected
  • Water Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 4016 McGregor Ln Lot 1-2, whoever represented it.

  1. ActiveListed 2026
    Current price: $895,000Original list: $975,000MLS 6786704
    1. Listed · June 5, 2026$975,000
    2. Price changed · August 6, 2026$895,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$895,000
Original list
$975,000
Price movement
$80K reduction
Listed / DOM
Jun 5, 2026 · 139 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$221,340
Assessment Year
2025
Parcel ID
11-8040-0000-00100-4
YearTaxesTotal AssessmentLandAdditions
2025
—$221,340$221,340—
Map showing 4016 McGregor Ln Lot 1-2
4016 McGregor Ln Lot 1-2
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$4,957

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($179K)

Adjustable assumption - not a lending recommendation.

$895,000

Loan: $716K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$895,000

Price per sqft

$520/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

139 days

Original to current

$80K reduction

$975K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 4016 McGregor Ln Lot 1-2?

4016 McGregor Ln Lot 1-2 is listed at $895,000 with 3 bedrooms, 2 full bathrooms, 1,720 square feet, 9.83-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 4016 McGregor Ln Lot 1-2 in?

4016 McGregor Ln Lot 1-2 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.

What are the property details for 4016 McGregor Ln Lot 1-2?

4016 McGregor Ln Lot 1-2 is a Residential built in 1983 featuring 3 bedrooms, 2 full bathrooms, 1,720 square feet, 9.83-acre lot.

What are the property taxes for 4016 McGregor Ln Lot 1-2?

The most recent annual property tax for 4016 McGregor Ln Lot 1-2 is $6,276. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 4016 McGregor Ln Lot 1-2?

This page does not assume a mortgage rate or publish a monthly payment for 4016 McGregor Ln Lot 1-2. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 4016 McGregor Ln Lot 1-2 compare with other homes in Dripping Springs?

As of Oct 16, 2026, 4016 McGregor Ln Lot 1-2 is offered at $895,000. The current MLS snapshot shows 225 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.

When was 4016 McGregor Ln Lot 1-2 built?

4016 McGregor Ln Lot 1-2 was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 4016 McGregor Ln Lot 1-2?

The MLS listing marks 4016 McGregor Ln Lot 1-2 as waterfront. The reported waterfront feature is Dry, Seasonal, Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 9:07:18 PM

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