
12 bed, 11 bath, 2,148 sqft on 46.02 acres in Dripping Springs. Dripping Springs, TX 78620. $3,150,000. Dripping Springs ISD.
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.
The gated entrance to 7000 McGregor Lane announces what lies beyond: 46 acres of privately owned Texas Hill Country, fully fenced and restricted, where a creek crossing marks the threshold into a landscape that feels entirely removed from Dripping Springs yet sits just 20 minutes from town. The long driveway unfolds through rolling terrain studded with mature oak and pecan trees, their canopy creating natural screens that frame views without obstruction. This is manicured land in the truest sense - not wilderness, but a tended estate where every element serves both beauty and function.
The main residence anchors the property with 2,148 square feet of natural stone construction, its design rooted in Hill Country tradition. Saltillo tile floors, exposed beam ceilings, and a substantial stone fireplace create the bones of a home built in 1985 and designed for entertaining. Covered porches on multiple sides open to the landscape. The current owners have optimized the main house as a reception and office space, though the kitchen plumbing and electrical remain intact for conversion back to residential use. Two outdoor fire pits extend the entertaining footprint into the surrounding grounds.
What distinguishes this property is its dual nature. The main residence sits supported by ten climate-controlled guest units, each a self-contained structure with king beds, outdoor stone showers, private fire pits, and rooftop hammocks. This infrastructure - 10,000 feet of buried utilities, a well, a 32,000-gallon water catchment tank, and individual septic systems - represents a fully built-out private compound. The wildlife exemption and strategic taxation approach reduce carrying costs while preserving land value.
The property sits within Dripping Springs ISD, served by Walnut Springs Elementary, Dripping Springs Middle, and Dripping Springs High School. Pedernales Falls State Park trailheads lie 15 minutes south; Dripping Springs' growing wine, brewery, and event venue corridor surrounds the area. Approximately 20 acres remain undeveloped, offering flexibility for a multi-generational family retreat, private compound, or continued short-term rental operation.
At $3.50 million ($1,629 per square foot for the main residence, though the true calculation must account for the guest infrastructure and land value), this represents a generational property. The restricted gated access, mature landscaping, and scenic loop trail create a retreat that compounds in value as surrounding land develops. This is private estate ownership in the Hill Country, where infrastructure is built, the land is tamed, and the vision is already established.
Verified property facts
7000 McGregor LN is listed at $3,150,000 with 12 bedrooms, 11 full, 1 half bathrooms, 2,148 square feet, 46.02-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).
7000 McGregor LN 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.
7000 McGregor LN is a Farm built in 1985 featuring 12 bedrooms, 11 full, 1 half bathrooms, 2,148 square feet, 46.02-acre lot.
7000 McGregor LN is listed by Keller Williams Realty Professionals. 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.
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2 records on file
Every recorded listing, sale, and lease at 7000 McGregor LN, 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% ($630K)
Adjustable assumption - not a lending recommendation.
$3,150,000
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List price
$3,150,000
Price per sqft
$1,466/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
123 days
Original to current
$350K reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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The most recent annual property tax for 7000 McGregor LN is $723. 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.
This page does not assume a mortgage rate or publish a monthly payment for 7000 McGregor LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 7000 McGregor LN is offered at $3,150,000. 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.
7000 McGregor LN was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 7000 McGregor LN as waterfront. The reported waterfront feature is Creek. 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.
3 events on record
Current Price
$3,150,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 380 Waters Edge Cv | $2.58M |
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