For Sale Lot / Land MLS# ACT8561112

Lot 17 Gracewood Way

Dripping Springs, TX 78620

$1,150,000

About Lot 17 Gracewood Way

Set at the very back of Maddalena Ranch on a quiet cul-de-sac, Lot 17 is the definition of private. No through traffic, no passing headlights, just the end of the road and ten acres of your own. Mature hardwoods blanket the homesite, delivering the kind of canopy and seclusion that takes generations to grow, while stunning long-range Hill Country views open across the horizon. A natural ravine runs through the property, offering potential for a private pond and the soft sound of water just beyond the back porch.

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.

Property details

Property

Type
Unimproved Land
MLS type
Land
Status
Active
Lot
10.01 AC / 436,035 SF
Original price
$1,150,000
MLS #
8561112

Exterior & lot

Lot
Agricultural, Gentle Sloping, Native Plants, Trees-Large (Over 40 Ft), Many Trees, Views
View
Hill Country, Panoramic, Trees/Woods

Schools

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

Utilities

Utilities
Underground Utilities
Water
Private
Sewer
Private Sewer, Septic Needed, Septic Tank

Financial

HOA
Yes
Annual tax
$3,855
Tax year
2025
Parcel
17
Legal
10.01 acres of land, Lot 17, John Cassady Survey No. 85, Abstract No. 101 and the J.C. Ragsdale Survey, Abstract No. 709
Special conditions
Standard

Location

Subdivision
Maddalena Ranch
County
Hays
Directions
From Austin, take US-290 West towards Dripping Springs. Turn left onto Creek Road (after RR 12) and continue South. Creek Road winds into Mount Gainor Road. Turn left on Prochnow Road. Maddalena Ranch is on the right hand side.

Location

Neighborhood
Maddalena Ranch

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Questions on Lot 17 Gracewood Way, or want to see it in person?

Listed by Nicole Kessler, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.