Lot 20 Gracewood Way, Dripping Springs, TX 78620
Local realty services provided by:ERA Brokers Consolidated
Listed by: nicole kessler
Office: compass re texas, llc.
MLS#:4963105
Source:ACTRIS
Lot 20 Gracewood Way,Dripping Springs, TX 78620
$950,000
- 10.01 Acres
- Lots / Land
- Active
Price summary
- Price:$950,000
- Monthly HOA dues:$220
About this home
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....
Contact an agent
Home facts
- Listing ID #:4963105
- Updated:July 03, 2026 at 04:44 PM
Structure and exterior
- Lot area:10.01 Acres
- Lot Features:Agricultural
Schools
- High school:Dripping Springs
- Elementary school:Walnut Springs
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$950,000
New listings near Lot 20 Gracewood Way
- Open Sun, 12 to 2pmNew
$899,000Active5 beds 4 baths3,048 sq. ft.501 Goodnight Trl, Dripping Springs, TX 78620
MLS# 3969314Listed by: KELLER WILLIAMS REALTY - New
$350,000Active1.45 Acres0 Sundance Ridge Dr, Dripping Springs, TX 78620
MLS# 5213906Listed by: COFFMAN REAL ESTATE - New
$399,900Active5.45 Acres141 Hill Cove, Dripping Springs, TX 78620
MLS# 21319432Listed by: COFFMAN REAL ESTATE - Open Sat, 11am to 2pmNew
$509,000Active4 beds 3 baths2,274 sq. ft.142 Dome Peak Ter, Dripping Springs, TX 78620
MLS# 6030901Listed by: ALL CITY REAL ESTATE LTD. CO - New
$499,999Active2 beds 3 baths2,063 sq. ft.109 Francesco Ln #40, Dripping Springs, TX 78620
MLS# 7451331Listed by: RANCHLAND REAL ESTATE - New
$489,900Active3 beds 3 baths1,891 sq. ft.901 Panorama Dr, Dripping Springs, TX 78620
MLS# 1545037Listed by: MERCER STREET GROUP, LLC - Open Sun, 1 to 3pmNew
$485,000Active3 beds 2 baths1,722 sq. ft.1174 Grant Wood Ave, Dripping Springs, TX 78619
MLS# 4900200Listed by: COMPASS RE TEXAS, LLC - New
$5,300,000Active5 beds 5 baths4,340 sq. ft.110 Longhorn Ln, Dripping Springs, TX 78620
MLS# 7279443Listed by: COMPASS RE TEXAS, LLC - New
$10,000,000Active116.24 Acres520 Holder Lane, Dripping Springs, TX 78620
MLS# 21271072Listed by: COFFMAN REAL ESTATE - New
$409,990Active3 beds 3 baths2,195 sq. ft.547 Bishop Wood Rd, Dripping Springs, TX 78620
MLS# 2497426Listed by: M/I HOMES REALTY