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$950,000 - Lot 20 Gracewood Way, Dripping Springs

-
Bedrooms
-
Baths
N/A
SQ. Feet
10.01
Acres

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.

Essential Information

  • MLS® #:
    4963105
  • Price:
    $950,000
  • Bathrooms:
    0.00
  • Acres:
    10.01
  • Type:
    Land
  • Sub-Type:
    Unimproved Land
  • Status:
    Active

Community Information

  • Address:
    Lot 20 Gracewood Way
  • Subdivision:
    Maddalena Ranch
  • City:
    Dripping Springs
  • County:
    Hays
  • State:
    TX
  • Zip Code:
    78620

Amenities

  • Utilities:
    Underground Utilities
  • Features:
    Fishing, Park, Trails/Paths
  • View:
    Hills, Trees/Woods, Panoramic
  • Waterfront:
    None

Exterior

  • Lot Description:
    Agricultural

School Information

  • District:
    Dripping Springs ISD
  • Elementary:
    Walnut Springs
  • Middle:
    Dripping Springs Middle
  • High:
    Dripping Springs

Additional Information

  • Zoning:
    Residential

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 19th, 2026 at 1:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.