Dripping Springs, TX 78620 (Hays County)
About this property
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.
Property details
Location
About the Area
4016 McGregor Ln is located in Dripping Springs, Texas, in Hays County. Hays County is one of the fastest-growing counties in the United States, driven by the explosive growth of San Marcos and Kyle-Buda corridor connecting Austin and San Antonio. The county blends Hill Country character in its western reaches, Wimberley, Dripping Springs, Driftwood, with rapidly urbanizing communities along the I-35 corridor.
The Blanco River and Barton Creek headwaters flow through Hays County, carving spring-fed swimming holes beloved by generations of Texans. Jacob's Well, a natural cylindrical karstic spring, and the swimming holes of Blue Hole Regional Park draw visitors year-round. The Edwards Plateau escarpment creates dramatic topographic relief in the western half of the county.
Dripping Springs had an estimated population of 6,322 as of 2023. The 78620 zip code has a median household income of $146,551, a median home value of $624,800, and a median age of 42.7. The average household size is 2.73 people.
Texas State University anchors San Marcos, supporting a significant education and healthcare sector. The I-35 corridor has attracted major distribution centers and manufacturing. The western Hill Country communities of Wimberley and Dripping Springs have become destination wine, dining, and retreat markets commanding premium real estate prices.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Realty.