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Lot 20 Gracewood Way

Dripping Springs, TX, 78620

Active

$950,000

Asking sale price

Listed by Compass RE Texas, LLC · Nicole Kessler

Listing attribution contact: (512) 657-3939

MLS #4963105 · Active

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Data obtained . Listing modified .

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Unimproved LandProperty type

THE HOME, IN THE LISTING AGENT’S WORDS

A closer look.

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.

Read the full description

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.

THE DETAILS THAT SHAPE YOUR DAY

Reported property facts

Property type
Land
Property subtype
Unimproved Land
Lot acres
10.01

Schools reported in the listing

  • High schoolDripping Springs
  • Middle schoolDripping Springs Middle
  • DistrictDripping Springs ISD
  • ElementaryWalnut Springs

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Features & finishes

lot

Agricultural

view

Hill Country · Panoramic · Trees/Woods

sewer

Private Sewer

community

Fishing · Park · Trail(s)

utilities

Underground Utilities

waterfront

None

water Source

Public

LOCAL TEAM FIELD NOTES

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Lot 20 Gracewood Way, Dripping Springs, TX, 78620

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Listing source and permitted use

Presented by Austin Local Team · All City Real Estate, ltd. Co. · (512) 710-0337

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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Based on information submitted to the MLS GRID as of Sep 15, 2026, 6:55 AM Central. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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