5001 Mcgregor Ln, Dripping Springs, TX

$5,249,000

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9

Beds

5.4

Baths

10,250

Square feet

10.00

Acres

About 5001 Mcgregor Ln

Allegro Wedding and Events is a recently launched and operating venue with new business branding, located in Dripping Springs, the Texas Hill Country area known as “The Wedding Capital of Texas”. Allegro combines Hill Country beauty with Austin chic, just 37 minutes from downtown. The venue sits on 10 acres of unrestricted ridge-top land with 5-mile views to the west overlooking open ranches and the Texas Hill Country. The property consists of over 10,250 SF of indoor improvements, manicured grounds and exterior entertainment areas under live oaks. The current property owners have recently renovated with upscale Hill Country chic decor and elegant touches throughout. 5 newly decorated and furnished guest cottages have been added to the grounds offering overnight accommodations for up to 17 guests for all seasons. The venue is positioned at the high-end of the market, and only one of a couple of venues offering a one-stop wedding experience, with a story-book chapel and a variety of airconditioned indoor, and scenic outdoor entertainment and celebration spaces. In addition to the real estate, the business, Allegro name and current bookings will transfer with the sale. The current manager played a key role in building the business and event bookings to support the pro-forma NOI. The local wedding industry is built by reputation, solid contacts with vendors and planners where the manager is well connected and established in the community and has built a solid reputation and book of business for Allegro.

Features of 5001 Mcgregor Ln

MLS® # 6354101
Price $5,249,000
Bedrooms 9
Bathrooms 9.00
Full Baths 5
Half Baths 4
Square Footage 10,250
Acres 10.00
Year Built 2003
Type Residential
Sub-Type Other
Status Active
Has Pool Yes

Water Feature/View

View Hills,CreekStream,TreesWoods
Is Waterfront No

Community Information: Dripping Springs

Address 5001 Mcgregor Ln
Area HD
Subdivision Vista West Ranches Unfiled
City Dripping Springs
County Hays
State TX
Zip Code 78620

Amenities of 5001 Mcgregor Ln

Utilities Cable Connected, Electricity Connected, Propane, Water Available
Features None
Parking Aggregate, Gravel, Gated

Interior of 5001 Mcgregor Ln

Appliances Electric Oven, Free-Standing Electric Range, Microwave
Fireplace No
# of Stories 1
Stories One

Exterior of 5001 Mcgregor Ln

Lot Description Sprinklers In Ground, Sprinklers Partial, Trees Large Size, Waterfall
Construction HardiPlank Type, Masonry, Stone

School Information

District Dripping Springs ISD
Elementary Dripping Springs
Middle Dripping Springs Middle
High Dripping Springs

Additional Information On 5001 Mcgregor Ln

Days on Market 22
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Moreland Properties(512) 263-3282. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 12th, 2025 at 1:02pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Map to 5001 Mcgregor Ln, Dripping Springs

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