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LOT 20 Gracewood Way

Dripping Springs, TX 78620
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Acres10.01

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $950,000

AD Id : 76903255

MLS Id : 4963105

Lot Size : 10.01 Acres(Lot)

County : Hays

Subdivision: Lake Placid

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Feature Features

  • Lot Information

    Main Square Feet: 10.01 Lot Size Acres: 10.01 Lot Description: Agricultural

    Property Information

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

  • Listing Price Information

    Listing Price: $950000
    Cash, Conventional

  • Tax Information

    Parcel Number: 1001010006000004 Tax Year: 2025 Tax Legal Desc: ABS 101 TR PT D2 JOHN CASSIDY SURVEY 84.26 AC

  • Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreaMaintenance
    HOA: $220.00
    Community Features: Fishing, 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 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. WaterSource: Public
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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)
10107 Davy Crockett Drive, Dripping Springs, TX, 78620 $7,690,000 -- -- -- 44.13 Acres(Lot)
1038 Hidden Hills Drive, Dripping Springs, TX, 78620 $350,000 -- -- -- 2.07 Acres(Lot)
12241 Fitzhugh Place #L.., Dripping Springs, TX, 78620 $450,000 -- -- -- 2.43 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)
10103 George Hill Drive, Dripping Springs, TX, 78620 $70,000 -- -- -- 0.29 Acre(Lot)
10300 Little Creek Circle, Dripping Springs, TX, 78620 $165,000 -- -- -- 0.41 Acre(Lot)
17408 Lake Wood Circle, Dripping Springs, TX, 78620 $189,000 -- -- -- 0.60 Acre(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 06/16/2026 @ 23:23

MLS: 4963105 LISTED BY: Nicole Kessler, Compass RE Texas, LLC 512-575-3644 SOURCE: ACTRIS

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