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Hays 78620
4016 McGregor Ln Lot 1-2
$895,000
↓ $80K (8.2%)
● House - For Sale

4016 McGregor Ln Lot 1-2

Dripping Springs, TX 78620
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$4,918
Est. Monthly

About This Property

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...
Unit Size
1,720 Ft²
Days on Market
-
Land Size
9.83 acres
Price per sqft
$520
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
-

Listed By

Gary Steele
Gary Steele
Keller Williams - Austin SW

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Last updated: 2 months ago (Unlock MLS #ACT6786704)

Price History

Date / Event Date Event Price
Aug 7, 2026 Price Decreased $895,000
↓ $80K (8.2%)
Price Decreased
Jun 5, 2026 Listed by Keller Williams Realty $975,000
Listed by Keller Williams Realty
Jun 4, 2026 In contract -
In contract
Jun 3, 2026 Price Increased $1,700,000
↑ $200K (13.4%)
Price Increased
May 31, 2026 Price Decreased $1,499,800
↓ $350K (18.9%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace
With View
Parking Details
Has Open Parking
Parking Features: Driveway, Gravel, Unpaved
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Two Primary Baths, Two Primary Suties, Ceiling-Vaulted, Quartz Counters, Interior Steps, Primary Bedroom on Main
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 Type: Concrete, Tile, Wood
Has Fireplace
Fireplace Features: Great Room, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 1720
Square Footage Source: $0
Green Sustainability
Security Features: Closed Circuit Camera(s)
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: Pond, Dry/Seasonal
Levels: Two
Other Structures: Outbuilding, Shed(s)
Window Features: Double Pane Windows
Construction Materials: HardiPlank Type
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around, See Remarks
Pool Features: None
Lot Features: Level, Native Plants, Private, Subdivided, Many Trees, Wooded, Views, Public Maintained Road
Lot Size Area: 428194.8
Lot Size Units: Square Feet
Lot Size Acres: 9.83
Lot Size Square Feet: 428194.8
Water Source: Well
Financial Details
Tax Map Number: 1 & 2
Tax Assessed Value: $383,745
Tax Annual Amount: $6,276
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 210,395
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S8040 - SPONSELLERS ADD
  • Land Acres: 0000004830
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SPONSELLERS ADDN LOT 2 4.83 AC GEO #90407687

Neighborhood

  • School District Name: Dripping Springs Independent School District
  • School Tax School District: RSP,SDS
  • Census Tract: 010818

Geography

  • Parcel: R42788
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.2658
  • Longitude: -98.1543

    Address

  • Full Address: 4016 Mcgregor Ln
  • Address - House Number: 4016
  • Address - Street Name: Mcgregor
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dripping Springs
  • Carrier Code: H006
  • 4-Digit Zip Code: 3349
  • Zip Code: 78620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $753,409
  • Tax Rate Code Area: CAD,ENR,FN

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 530,209
  • High Value: 629,898
  • Low Value: 430,520

    Market Valuation

  • Market Total Value: $498,940
  • Market Land Value: $213,820
  • Market Improvement Value: $285,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,940
  • Assessed Land Value: $213,820
  • Assessed Improvements Value: $285,120
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hays


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Frequently Asked Questions

When was property at 4016 McGregor Lane built and last sold?
The property at 4016 McGregor Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4016 McGregor Lane is $875,691.
What are some comparable homes to 4016 McGregor Lane?
There are currently no comparable homes to 4016 McGregor Lane.