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Property Description
A rare Hill Country offering with unmatched potential. A complete beautiful remodeled farmhouse on a 4.83 Acre tract with 3 additional 5 acre tracts making this-perfectly suited for builders, developers, or for those seeking a private 19.83 acre estate of pristine land, offering a compelling opportunity to build multiple 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. With four legal tracts, this property offers incredible flexibility-ideal for a builder looking to develop custom homes, a buyer seeking a multi-generational compound, or someone wanting to secure a large, private Hill Country estate. This estate is a jewel and only 15 minutes from Dripping Springs.
Full Property Details
Full Property Details for 4016 McGregor Ln
General
- Price: $1,850,000
- Taxes: $6,275 (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 8364782
- Updated: 4/6/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Interior Steps, Main Level Primary, Multiple Primary Suites, Open Floorplan, Pantry, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Great Room, Wood Burning
- 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
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Other Rooms
- Laundry: Inside, Lower Level, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: Closed Circuit Camera(s)
Exterior
- Exterior Features: Balcony, Dog Run, Exterior Steps, Private Yard
- Porch/Patio/Deck: Rear Porch, Covered, Deck, Front Porch, Patio, Side Por
Parking
- Total Spaces: 6
- Parking Features: Driveway, Gravel, Unpaved
Location
- Area: HD
- County: Hays
- Subdivision: Sponsellers
- Driving Directions: From Austin/Downtown Dripping Springs: Take Hwy 290 West, right on McGregor Ln. Head north on McGregor Ln, stay on McGregor Ln which will jog around at the intersection of Fitzhugh. Continue north on McGregor for about 1/2 mile. Property is on the right. Alt route: Hwy 290 West, right/north on Ranch Rd 12, left/west on Fitzhugh Rd, then right/north at stop sign intersection onto McGregor Lane.
- Direction Faces: South
School Information
- Elem School District: Dripping Springs ISD
- Midd School District: Dripping Springs ISD
- High School District: Dripping Springs ISD
- Elementary School: Walnut Springs
- Middle School: Dripping Springs Middle
- High School: Dripping Springs
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type
- Roof: Metal
- Windows: Double Pane Windows
- Square Feet: 1,720
- Sq. Ft. Source: Public Records
- Living Area: 1,720 Sq. Ft.
- Year Built: 1983
- Year Built Source: Estimated
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Outbuilding, Shed(s)
Lot Features
- Property View: Hills, Panoramic, Pond, Rural, Trees/Woods
- Lot Size (Acres): 19.83
- Lot Size (Sq. Ft.): 863,794.8
- Fence: Yes
- Lot Features: Level, Native Plants, Private, Many Trees, Subdivided, Trees Medium Size, Views
- Fencing (Description): Perimeter
Water Features
- Water Front Desc.: Pond, Seasonal
Financial Considerations
- Assessment Amount: $383,745
- Tax Amount: $6,275.54
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Septic Certification, Water/Well Report, Survey
- Legal Description: SPONSELLERS ADDN LOT 2 4.83 AC GEO #90407687
- Disclosures/Reports: Seller Disclosure
- Property ID: 1180400000002004
- Lot Number: 2
Listed by Keller Williams Realty
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Schools
Schools serving 4016 McGregor Ln
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Walnut Springs Elementary School 113 Tiger Lane, Dripping Springs, TX 78620 | PK-5 | 5.1 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 4.9 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4016 McGregor Ln
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4016 McGregor Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,591
-13%
$383,745
-9%
2023
$7,534
4%
$421,374
-16%
2022
$7,232
—
$498,940
18%
2022
$7,232
21%
$424,030
28%
2021
$5,988
12%
$331,330
16%
2020
$5,324
2%
$284,580
12%
2018
$5,220
3%
$253,140
4%
2017
$5,055
4%
$243,780
5%
2016
$4,857
-7%
$232,440
-12%
2019
$5,207
14%
$265,590
22%
2015
$4,552
8%
$217,630
8%
2014
$4,228
4%
$202,000
3%
2013
$4,060
—
$196,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4016 McGregor Ln
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