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ActiveMLS #6786704

4016 McGregor Ln Lot 1-2, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Sponsellers

Single Family Residence for sale in Sponsellers

3Bedrooms
2Bathrooms
1,720Square Ft
9.83Acres
0Garage
1983Year Built
Price Reduced
1 / 32
$895,000$975,000

Overview

Property Description

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...

Financial Info
Price
$895,000
$ / Sqft
$520
HOA
None
Tax Rate
1.8073%
Est. Taxes
$6,275.54
Tax Year
2025
Exemptions
None
Legal Info
Address
4016 McGregor Ln Lot 1-2
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Sponsellers
Legal Description
SPONSELLERS ADDN LOT 1- 2 9.83 AC GEO #90407687
Parcel
1180400000001004
Interior Features
Floor
Concrete, Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen, Pantry
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, WaterSoftener, Water Softener Owned
Laundry
Inside, Lower Level
Master Bed
2 Primary Baths, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Great Room, Wood Burning
Interior Features
2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Quartz Counters, Electric Dryer Hookup, Eat-in Kitchen, Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup, Closed Circuit Camera(s), Double Pane Windows
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1983 / Updated/Remodeled
Square Feet
1,720 / Public Records
Garage Desc
Driveway, Gravel, Unpaved
Foundation
See Remarks, Pillar/Post/Pier
Roof
Metal
Construction
HardiPlank Type
Acres
9.83
Lot Description
Level, Native Plants, Private, Public Maintained Road, Subdivided, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Restrictions
See Remarks
Flood Plain
See Remarks, Partial
View
Hill Country, Panoramic, Pond, Rural, Trees/Woods
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Perimeter
Exterior Features
See Remarks, Balcony, Dog Run, Exterior Steps, Gutters Partial, Kennel, Private Yard, Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around
Pool On Property
No
Area Amenities
None

Rooms

Rooms3 rooms

Main level

  • Kitchen
  • Primary Bedroom
  • Primary Bathroom

    Romantic setting...

Price history

Members only
Days on market
−$80,000 (−8.2%)
$975,000 → $895,000
1
Price reduction
Active
Since Jun 5, 2026
Price trend
List priceJun 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 6, 2026Price Decrease$895,000−$80,000 (−8.2%)
Jun 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $895,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$5,795 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $5,795

Principal & interest
$4,526
Property taxes
$523
Homeowners insurance
$746

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$716,000$8,003$46,304$707,997
2$707,997$8,539$45,768$699,458
3$699,458$9,111$45,197$690,347
4$690,347$9,721$44,586$680,627
5$680,627$10,372$43,935$670,255
6$670,255$11,067$43,241$659,188
7$659,188$11,808$42,500$647,380
8$647,380$12,599$41,709$634,782
9$634,782$13,442$40,865$621,340
10$621,340$14,342$39,965$606,997
  • Year 1$707,997
    Principal paid
    $8,003
    Interest paid
    $46,304
    Starting balance
    $716,000
  • Year 2$699,458
    Principal paid
    $8,539
    Interest paid
    $45,768
    Starting balance
    $707,997
  • Year 3$690,347
    Principal paid
    $9,111
    Interest paid
    $45,197
    Starting balance
    $699,458
  • Year 4$680,627
    Principal paid
    $9,721
    Interest paid
    $44,586
    Starting balance
    $690,347
  • Year 5$670,255
    Principal paid
    $10,372
    Interest paid
    $43,935
    Starting balance
    $680,627
  • Year 6$659,188
    Principal paid
    $11,067
    Interest paid
    $43,241
    Starting balance
    $670,255
  • Year 7$647,380
    Principal paid
    $11,808
    Interest paid
    $42,500
    Starting balance
    $659,188
  • Year 8$634,782
    Principal paid
    $12,599
    Interest paid
    $41,709
    Starting balance
    $647,380
  • Year 9$621,340
    Principal paid
    $13,442
    Interest paid
    $40,865
    Starting balance
    $634,782
  • Year 10$606,997
    Principal paid
    $14,342
    Interest paid
    $39,965
    Starting balance
    $621,340
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 829-2000

Listings courtesy of ACTRIS as distributed by MLS GRID.