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$950,000 Just Listed
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Property Description
The Private Grove on lot 20 opens up in all the right ways - wide at the back, generous in feel, and anchored by one of Maddalena Ranch's most commanding natural features: a majestic heritage oak that sets the tone for everything you'll build around it. Sweeping Hill Country views stretch across the horizon while a canopy of mature oaks frames the land with the kind of character that can't be manufactured or replicated. The extra width toward the rear gives you room to breathe - and room to dream - whether that's a sprawling main house, a guest wing, a pool, or simply more land between you and the rest of the world. Big views. Great trees. Room to do it right. A rare opportunity to own a piece of the Texas Hill Country as it was meant to be experienced. Maddalena Ranch is a private, high-fenced luxury ranch community set across 233 acres of thoughtfully preserved land, featuring just 23 ten-acre homesites designed around heritage oaks, panoramic views, and roaming Axis deer. Just minutes from Dripping Springs and 30-40 minutes from Austin, Maddalena offers the seclusion of a private ranch with the convenience of city proximity. The land speaks for itself: rolling topography, a seasonal creek with spring-fed grottos, a private fishing lake, mature hardwoods, and a 15-acre shared preserve with trails for hiking and biking. Ag-exempt tax benefits add long-term value to an already compelling investment. Guided by architectural standards that celebrate Hill Country authenticity - native stone, generous overhangs, and homes designed to sit naturally on the land, not compete with it - every homesite is an opportunity to build something truly personal. Homesites are priced from $825,000 to $1,150,000, with finished home values projected in the $3M-$5M+ range. Dripping Springs ISD. Pricing and availability subject to change. Lot details are accurate to the best of our knowledge at time of listing.
Full Property Details
Full Property Details for Lot 20 Gracewood Way
General
- Price: $950,000
- HOA FEE: $220/month
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 4963105
- Updated: 4/8/2026
- Added to Site: 3 day(s) ago
Additional Information
- Shared Amenities: Fishing, Park, Trails/Paths
Location
- Area: HD
- County: Hays
- Subdivision: Maddalena Ranch
- Driving Directions: From Austin, take US-290 West toward Dripping Springs. Turn left onto Creek Road (after Ranch Road 12) and continue south. Creek Rd winds into Mount Gainor Rd. Turn left at Prochnow Road.
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
Community
- Association: Yes
- Assoc. Name: Maddalena Ranch
- Assoc. Fees Include: Common Area Maintenance
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Detached/Attached: Detached
- Property Condition: To Be Built
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 10.01
- Lot Size (Sq. Ft.): 436,035.6
- Lot Features: Agricultural
Financial Considerations
- Association Fee: $220
- Assoc Fee Freq.: Monthly
- Assessment Amount: $235,730
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction
- Legal Description: ABS 101 TR PT D2 JOHN CASSIDY SURVEY 84.26 AC
- Disclosures/Reports: None
- Property ID: 1001010006000004
Listed by Compass RE Texas, LLC
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Price & Sales History for Lot 20 Gracewood Way
Date
Details
Price
Change
Source
4/08/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lot 20 Gracewood Way
Lot 20 Gracewood Way, Dripping Springs, TX 78620 (MLS# 4963105) is a Lots/Land property with a lot size of 10.01 acres. Lot 20 Gracewood Way is currently listed for $950,000 and was received on April 08, 2026. Want to learn more about Lot 20 Gracewood Way? Do you have questions about finding other Lots/Land real estate for sale in Dripping Springs? You can browse all Dripping Springs real estate or contact a Coldwell Banker agent to request more information.

