For Sale Lot / Land MLS# ACT8838133

Lot 19 Gracewood Way

Dripping Springs, TX 78620

$950,000

About Lot 19 Gracewood Way

Anchored by a majestic heritage oak that will define whatever you build around it, this homesite is layered with mature oaks from front to back, offering shade, structure, and the kind of natural character that can't be planted in. Sweeping Hill Country views stretch across the horizon, giving the lot both intimacy and scale: sheltered where you live, wide open where you look.

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 to 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 rather than 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 to $5M+ range. Dripping Springs ISD.

Property details

Property

Type
Unimproved Land
MLS type
Land
Status
Active
Lot
10.01 AC / 436,035 SF
Original price
$950,000
MLS #
8838133

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, Well
Sewer
Private Sewer

Financial

HOA
Yes
Annual tax
$3,855
Tax year
2025
Parcel
19
Legal
10.01 acres of land, Lot 19, 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

Ask about this property

Questions on Lot 19 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.