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5101 Mcgregor Ln, Dripping Springs, TX, 78620

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
1 Full Bath
336 SqFt
$1,637/SqFt
House

Location

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5101 Mcgregor Ln, Dripping Springs$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOutside
Garage3 spaces
Year Built1998
HeatingSpace Heater(s)
CoolingCeiling Fan(s), Wall/Window Unit(s)
WaterfrontNone
ViewHills, Panoramic, Rural
MLS #4272855
Lot Size10.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5101 Mcgregor Ln

Just reduced! Below Market Value-Welcome to 5101 McGregor Lane in Dripping Springs. Enjoy a million stars under the night skies in the Texas Hill Country. This unrestricted property provides a peaceful retreat surrounded by majestic live oaks and distant views. The 10-acre parcel presents a wealth of possibilities and has a 30x40 workshop, a rustic cabin, a rainwater collection system, septic, and electric already installed! A huge savings for any future plans. Being unrestricted you have ample space and the freedom to create the perfect oasis. 5101 McGregor offers a variety of topography and flora and fauna-pastures, woods, rock ledges, deer, and rabbits! Whether you're seeking a weekend getaway, a full-time residence, or a glamping business, this property offers an opportunity to create your own haven in the heart coveted Dripping Springs. Don't miss the chance to make this unique property your own and experience the peaceful charm of 5101 McGregor Lane.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 336 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 921-6422
  • Listing Agent: Mica Gutierrez

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Range, Gas Water Heater, Range
  • Flooring Type: Laminate
  • Interior: Main Level Primary, Pantry, Storage, Soaking Tub

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Hills, Panoramic, Rural
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Outside

Lot Features

Lot Information:

  • Lot: Private, Many Trees
  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Space Heater(s)
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Hwy 290 W past Dripping Springs to McGregor. Turn right. Go past Fitzhugh. Continue on McGregor to 5101. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $1,637/SqFt

Tax Information:

  • Annual Amount: $2,658
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dripping Springs, TX.

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Dripping Springs, TX

City

Med. Sold Price

$714.1K

Med. Price/SqFt

$260

Avg. Days On Market

111

# of Sold Homes

28

5101 Mcgregor Ln vs Dripping Springs

88 DAYS ON ROCKET

-23 Days

$550,000

-$164.1K Less

$1,637/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $164.1K less than the Median Sold Price and $1.3K/SqFt more than other homes in Dripping Springs, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #4272855

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 921-6422
  • Listing Agent: Mica Gutierrez

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/14/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,658$251,958
2020$4,285$229,053
2019$4,184$208,230
2018$4,185$202,930
2017$3,895$191,450

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-77580
6
/10

  • Dripping Springs Elementary School

  • 29400 Ranch Road 12

  • 6.22 miles

  • Public District Grades PK-5

school-card-donut-77581
5
/10

  • West Cypress Hills Elementary School

  • 6112 Cypress Ranch Blvd

  • 6.53 miles

  • Public District Grades PK-5

school-card-donut-77582
7
/10

  • Walnut Springs Elementary School

  • 300 Sportsplex Dr

  • 6.91 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,410. The most common annual income of people living in Dripping Springs, TX is between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5101 Mcgregor Ln

What is the listing price of this property?

The listing price of 5101 Mcgregor Ln property is $550,000.

What type of property is this?

The property 5101 Mcgregor Ln is a house located in Dripping Springs, Texas, 78620.

Is this property for sale now?

Accepting Backup Offers: 5101 Mcgregor Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,658 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5101 Mcgregor Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5101 Mcgregor Ln is 336 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5101 Mcgregor Ln is 1998.

Rocket Homes›Texas›Hays County›Dripping Springs›78620›5101 Mcgregor Ln

This home is located at 5101 Mcgregor Ln in Dripping Springs, TX and zip code 78620 in the Vista West Ranches neighborhood. This 336 square foot home, which was built in 1998, sits on a 10.00 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $550,000.

Over 1 listings were sold over their listed price in October 2024 in Dripping Springs, TX. In the same period over 24 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Dripping Springs, TX between September 2024 and October 2024 increased by 11.2%. Listings spent 111 days on the market in October 2024, and had a median list price of $714,132 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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