Lot 17 Gracewood Way, Dripping Springs, TX, 78620 - MLS# 8561112

$1,150,000

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Acres 10.01
Property Type Lot
Days on Market 18

About Lot 17 Gracewood Way

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 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.

Location

Legal Description 10.01 acres of land, Lot 17, John Cassady Survey No. 85, Abstract No. 101 and the J.C. Ragsdale Survey, Abstract No. 709
Address Lot 17 Gracewood Way
County Hays
City Dripping Springs
Zip Code 78620
Subdivision Maddalena Ranch
School District Dripping Springs ISD
MLS Area HD

Size and Restrictions

Acres 10.01
Lot Description Agricultural, Gentle Sloping, Native Plants, Many Trees, Trees Large Size, Views
Horses Allowed No
$/Acre $114,885

Features

View Hills, Panoramic, Trees/Woods
Water Access None

Utilities

Water Private
Utilities Underground Utilities

Amenities

Area Amenities Common Grounds/Area, Fishing, Gated, Park, Trails/Paths

Beds and Baths

Primary on Main No

Garage and Parking

Garage No

Financial

$/Acre $114,885
Special Conditions RestrictiveCovenant
Documents Available Aerial, Deed Restriction
Disclosures None

Property Taxes

Appraisal District Hays
Tax ID 17
Tax Year 2025

Homeowner Association

Has HOA Yes
HOA Name Maddalena Ranch HOA
HOA Fee $220 - Monthly

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 657-3939

Listing Map

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