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...
Features of 4016 Mcgregor Ln Lot 1-2
MLS® #
6786704
Price
$895,000
Bedrooms
3
Bathrooms
2.00
Full Baths
2
Square Footage
1,720
Acres
9.83
Year Built
1983
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Hills,Panoramic,Pond,Rural,TreesWoods
Is Waterfront
No
Community Information: Dripping Springs
Address
4016 Mcgregor Ln Lot 1-2
Area
HD
Subdivision
Sponsellers
City
Dripping Springs
County
Hays
State
TX
Zip Code
78620
Amenities of 4016 Mcgregor Ln Lot 1-2
Utilities
Electricity Connected, Water Connected
Features
None
Parking
Driveway, Gravel, Unpaved
Interior of 4016 Mcgregor Ln Lot 1-2
Interior
Concrete, Tile, Wood
Appliances
Dishwasher, Electric Cooktop, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Range, Free-Standing Refrigerator, Disposal, Microwave, Water Softener Owned, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Self Cleaning Oven, Water Softener
Heating
Central
Fireplace
No
# of Fireplaces
1
Fireplaces
Great Room, Wood Burning
# of Stories
2
Stories
Two
Exterior of 4016 Mcgregor Ln Lot 1-2
Exterior Features
Balcony, Dog Run, Exterior Steps, Private Yard, Rain Gutters, See Remarks, Kennel
Lot Description
Level, Native Plants, Private, Many Trees, Subdivided, Trees Medium Size, Views
Roof
Metal
Construction
HardiPlank Type
Foundation
Pillar/Post/Pier, See Remarks
School Information
District
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs
Additional Information On 4016 Mcgregor Ln Lot 1-2
Days on Market
111
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $975,000 to $895,000
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: Keller Williams Realty(512) 426-9800. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 24th, 2026 at 2:33pm 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.
