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FOR SALE
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$1,150,000

Lot 17 Gracewood WAY, Dripping Springs, TX 78620

Est. Mortgage $5,837/mo

10.01

acres

Unimproved Land
$220/mo HOA
10.01 Acres Lot
$114,885/acre
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OVERVIEW

About this 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 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.

Listings checked every few minutes. MLS# 8561112 was Last Updated: 09-22-2026.

Listed by Compass RE Texas, LLC (512) 575-3644

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

Frequently Asked Questions

How much is Lot 17 Gracewood WAY?

Lot 17 Gracewood WAY is listed for $1,150,000. It features 10.01 acres.

What city is Lot 17 Gracewood WAY in?

Lot 17 Gracewood WAY is located in Dripping Springs, Texas.

How big is the lot at Lot 17 Gracewood WAY?

Lot 17 Gracewood WAY is a 10.01-acre lot classified as unimproved land. At the listed price of $1,150,000, that works out to $114,885 per acre.

What are the details of Lot 17 Gracewood WAY?

Lot 17 Gracewood WAY sits on 10.01 acres of land, and is a unimproved land style lot.