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LOT 17 Gracewood Way

Dripping Springs, TX 78620
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Acres10.01

Acres(Lot)

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 fr om 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,150,000

AD Id : 91413749

MLS Id : 8561112

Lot Size : 10.01 Acres(Lot)

County : Hays

Subdivision: Cape Coral

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Feature Features

  • Lot Information

    Main Square Feet: 10.01 Lot Size Acres: 10.01 Lot Description: Agricultural,GentleSloping,NativePlants,ManyTrees,TreesLargeSize,Views

    Property Information

    Subdivision: Maddalena Ranch Source Property Type: Land Zoning Description: Residential Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $1150000
    Cash, Conventional

  • Tax Information

    Parcel Number: 17 Tax Year: 2025 Tax Legal Desc: 10.01 acres of land, Lot 17, John Cassady Survey No. 85, Abstract No. 101 and the J.C. Ragsdale Survey, Abstract No. 709

  • Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreaMaintenance
    HOA: $220.00
    Community Features: CommonGroundsArea, Fishing, Gated, Park, TrailsPaths

  • School Information

    Elementary School: Walnut Springs Junior High School: Dripping Springs Middle Senior High School: Dripping Springs
  • Utility Information

    UndergroundUtilities
  • Location Information

    Direction: 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. WaterSource: Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3300 Fm 165 - Lot 21, Dripping Springs, TX, 78620 $885,000 -- -- -- 12.65 Acres(Lot)
W Hwy 290 #LOT 1B, Dripping Springs, TX, 78620 $605,484 -- -- -- 1.39 Acres(Lot)
110 Longhorn Lane, Dripping Springs, TX, 78620 $5,300,000 5 5 4,340 19.97 Acres(Lot)
1120 Canyon View Road, Dripping Springs, TX, 78620 $1,950,000 4 4 4,592 10.03 Acres(Lot)
Sundance Ridge Drive, Dripping Springs, TX, 78620 $339,900 -- -- -- 1.45 Acres(Lot)
1038 Hidden Hills Drive, Dripping Springs, TX, 78620 $350,000 -- -- -- 2.07 Acres(Lot)
418 Cattle Trail Drive, Dripping Springs, TX, 78620 $6,500,000 6 8 8,480 21.30 Acres(Lot)
15407 Fitzhugh Road, Dripping Springs, TX, 78620 $600,000 -- -- -- 3.82 Acres(Lot)
12130 Fitzhugh Place, Dripping Springs, TX, 78620 $525,000 -- -- -- 3.43 Acres(Lot)
12136 Fitzhugh Place, Dripping Springs, TX, 78620 $785,000 -- -- -- 4.64 Acres(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/30/2026 @ 17:00

MLS: 8561112 LISTED BY: Nicole Kessler, Compass RE Texas, LLC 512-575-3644 SOURCE: ACTRIS

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