For Sale Lot / Land MLS# ACT4963105

Lot 20 Gracewood Way

Dripping Springs, TX 78620

$950,000

About Lot 20 Gracewood Way

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.

Property details

Property

Type
Unimproved Land
MLS type
Land
Status
Active
Lot
10.01 AC / 436,035 SF
Original price
$950,000
MLS #
4963105

Exterior & lot

Lot
Agricultural
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
Public
Sewer
Private Sewer

Financial

HOA
Yes
Annual tax
$3,855
Tax year
2025
Parcel
Lot 20 Gracewood Way
Legal
ABS 101 TR PT D2 JOHN CASSIDY SURVEY 84.26 AC
Special conditions
Standard

Location

Subdivision
Maddalena Ranch
County
Hays
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.

Location

Neighborhood
Maddalena Ranch

Ask about this property

Questions on Lot 20 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.