Dripping Springs, TX 78620 (Hays County)
About this property
Paradise found! This extraordinary 5-acre legacy property offers a once-in-a-generation opportunity to own one of the Texas Hill Country's most remarkable waterfront settings. Tucked away in the desirable Dripping Springs area, the property provides access to more than 2,000 feet of cypress-lined Deadman's Creek, a breathtaking limestone canyon, and the legendary Deadman's Hole. Follow the private hiking trail through your nature preserve easement to the spectacular Deadman's Grotto, where a 25-foot waterfall falls into a crystal-clear, spring-fed pool measuring approximately 150 feet across. The property offers multiple level building sites with Hill Country views, allowing you to create the custom retreat you've always envisioned. Towering cypress trees, mature native oaks, dramatic limestone cliffs, and impressive rock outcroppings provide a stunning backdrop, while thoughtfully constructed steps lead from the homesite down to the canyon floor. Despite its exceptional privacy and secluded feel, this property is conveniently located just 25 minutes from top-rated Dripping Springs ISD schools, grocery stores, restaurants, medical facilities, Home Depot, and other everyday conveniences. Water is available by drilling a private well or connecting to the existing water system that serves the property. Properties of this caliber are incredibly rare. Whether you're looking to build a private estate, weekend retreat, or preserve a family legacy for generations to come, this is a truly one-of-a-kind opportunity to own one of the Hill Country's most iconic natural settings.
Property details
Location
About the Area
TBD 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 Wimberley.