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$1,200,000

TBD McGregor LN, Dripping Springs, TX 78620

Est. Mortgage $7,391/mo

5.00

acres

Unimproved Land
5.00 Acres Lot
$240,000/acre
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OVERVIEW

About this lot

Paradise found! This extraordinary 5-acre legacy property offers a once-in-a-generation opportunity to own one of the Texas Hill Country's most remarkable waterfront settings. Tucked away in the desirable Dripping Springs area, the property provides access to more than 2,000 feet of cypress-lined Deadman's Creek, a breathtaking limestone canyon, and the legendary Deadman's Hole. Follow the private hiking trail through your nature preserve easement to the spectacular Deadman's Grotto, where a 25-foot waterfall falls into a crystal-clear, spring-fed pool measuring approximately 150 feet across. The property offers multiple level building sites with Hill Country views, allowing you to create the custom retreat you've always envisioned. Towering cypress trees, mature native oaks, dramatic limestone cliffs, and impressive rock outcroppings provide a stunning backdrop, while thoughtfully constructed steps lead from the homesite down to the canyon floor. Despite its exceptional privacy and secluded feel, this property is conveniently located just 25 minutes from top-rated Dripping Springs ISD schools, grocery stores, restaurants, medical facilities, Home Depot, and other everyday conveniences. Water is available by drilling a private well or connecting to the existing water system that serves the property. Properties of this caliber are incredibly rare. Whether you're looking to build a private estate, weekend retreat, or preserve a family legacy for generations to come, this is a truly one-of-a-kind opportunity to own one of the Hill Country's most iconic natural settings.

Listings checked every few minutes. MLS# 4064387 was Last Updated: 09-22-2026.

Listed by Keller Williams Wimberley (512) 842-1272

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.

How does this property compare to others in Dead Mans Grotto?

MetricDead Mans Grotto
Median List PriceN/A
Median Sold PriceN/A
Active Listings0

Market data as of September 2026.

Frequently Asked Questions

How much is TBD McGregor LN?

TBD McGregor LN is listed for $1,200,000. It features 5 acres.

What neighborhood is TBD McGregor LN in?

TBD McGregor LN is located in the Dead Mans Grotto neighborhood of Dripping Springs, Texas.

How big is the lot at TBD McGregor LN?

TBD McGregor LN is a 5-acre lot classified as unimproved land. At the listed price of $1,200,000, that works out to $240,000 per acre.

What are the details of TBD McGregor LN?

TBD McGregor LN sits on 5 acres of land, and is a unimproved land style lot.