3 bed, 2 bath, 1,949 sqft on 40.00 acres in McGregor. McGregor, TX 76657. $775,000. Mcgregor Isd.
About This Home
Discover a rare opportunity to own 40 beautiful acres just outside the historic town of McGregor, Texas. Whether you're looking for a working ranch, horse property, hobby farm, recreational retreat, or investment opportunity, this property offers incredible potential. Located outside the city limits with an existing Ag exemption, this prime location is just 2 miles from downtown McGregor, offers a convenient commute to SpaceX, and is approximately 15 minutes to Waco and 25 minutes to Temple, providing the perfect balance of country living with easy access to major employers, shopping, and entertainment. The fenced and cross-fenced acreage is currently home to cattle, horses, and pigs, making it ideal for livestock, hay production, farming, or other agricultural uses. A large pole barn provides excellent space for equipment, feed, or livestock. With continued growth throughout Central Texas, this property also offers outstanding development potential. The all-brick ranch home features 3 bedrooms and 2 bathrooms. The inviting living room showcases beamed ceilings, built-in bookcases, and a floor-to-ceiling brick wood-burning fireplace. The kitchen includes abundant cabinetry, a built-in oven, cooktop with vent hood, double sink, and a peninsula for additional prep space. Large dining room windows overlook the surrounding acreage. The private primary suite includes an en suite bath, while two additional bedrooms share a full bathroom. A spacious enclosed patio (not climate controlled) offers flexible space for a sunroom, game room, hobby room, or entertaining. Opportunities to own acreage with this location, agricultural value, and development potential are becoming increasingly rare. Whether you're looking to establish a ranch, raise livestock, invest in Central Texas growth, or simply enjoy country living, this property is ready for its next chapter.
- Property Type
- Farm
- Year Built
- 1972
- Lot Size
- 40.00 acres
- Price / Sq Ft
- $398
- Garage
- 2 spaces
Listing information last updated October 25, 2026.
Listed by Jorgenson Real Estate
MLS# 1905031 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Eat-in Kitchen
- No Interior Steps
- Pantry
- Primary Bedroom on Main
- Built-In Electric Oven
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Microwave
- RNGHD
- Water Heater
- Concrete
- Tile
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Private Yard
- Brick
- Agricultural
- Back Yard
- Level
- Public Maintained Road
- Trees-Large (Over 40 Ft)
- Barbed Wire
- Fenced
- Wire
- Slab
- Enclosed
- Front Porch
- Patio
- Roof
- Composition,Shingle
- Lot Size
- 40.00 Acres
- Driveway
- Garage
- Garage Faces Side
- Garage Spaces
- 2
Financial
- Original List Price
- $799,000
- Price per Sq Ft
- $398
Utilities
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 792 Evening Star, whoever represented it.
- ActiveListed 2026Current price: $775,000Original list: $799,000MLS 1905031
- Listed · July 31, 2026$799,000
- Price changed · September 3, 2026$775,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $775,000
- Original list
- $799,000
- Price movement
- $24K reduction
- Listed / DOM
- Jul 31, 2026 · 97 days
Virtual Tour

Zoned Schools
Mcgregor Isd
Outside School District
Outside School District
Outside School District
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($155K)
Adjustable assumption - not a lending recommendation.
Home price
$775,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on McGregor pricing, timing, and property scale. No automated valuation claim.
List price
$775,000
Price per sqft
$398/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
97 days
Original to current
$24K reduction
$799K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 25, 2026.
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