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  • $5,249,000

    5001 McGregor Ln, Dripping Springs, TX 78620

    9beds
    10,250sqft
    : 
    Single Family Residence
    Built in 2003
    10 Acres Lot
    $-- Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Manicured grounds
    Allegro Wedding and Events is a recently launched and operating venue with new business branding, located in Dripping Springs, the Texas Hill Country area known as “The Wedding Capital of Texas”. Allegro combines Hill Country beauty with Austin chic, just 37 minutes from downtown. The venue sits on 10 acres of unrestricted ridge-top land with 5-mile views to the west overlooking open ranches and the Texas Hill Country. The property consists of over 10,250 SF of indoor improvements, manicured grounds and exterior entertainment areas under live oaks. The current property owners have recently renovated with upscale Hill Country chic decor and elegant touches throughout. 5 newly decorated and furnished guest cottages have been added to the grounds offering overnight accommodations for up to 17 guests for all seasons. The venue is positioned at the high-end of the market, and only one of a couple of venues offering a one-stop wedding experience, with a story-book chapel and a variety of airconditioned indoor, and scenic outdoor entertainment and celebration spaces. In addition to the real estate, the business, Allegro name and current bookings will transfer with the sale. The current manager played a key role in building the business and event bookings to support the pro-forma NOI. The local wedding industry is built by reputation, solid contacts with vendors and planners where the manager is well connected and established in the community and has built a solid reputation and book of business for Allegro.
    17 days
    on Zillow
    |
    546
    |
    25
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    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 08:45am

    Listed by:

    Ben Morton (512) 263-3282,

    Moreland Properties (512) 263-3282

    Source: Unlock MLS,MLS#: 6354101MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5001 McGregor Ln.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 9
    • Full bathrooms: 5
    • 1/2 bathrooms: 4
    • Main level bedrooms: 9
    Primary bedroom
    • Features: CATHC, Ceiling Fan(s), Granite Counters
    • Level: First
    Primary bathroom
    • Features: Granite Counters
    • Level: Main
    Kitchen
    • Features: BICMK
    • Level: First
    Living room
    • Features: Bar, CATHC, High Ceilings, Recessed Lighting, Vaulted Ceiling(s), Wet Bar
    • Level: Main
    Appliances
    • Included: Microwave, Electric Oven, Free-Standing Electric Range
    Interior area
    • Total interior livable area: 10,250 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Aggregate, Gated, Gravel
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Has private pool: Yes
    • Fencing: Barbed Wire, Fenced, Gate
    • Has view: Yes
    • View description: Creek/Stream, Hill Country, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Stream
    Lot
    • Size: 10 Acres
    • Features: Sprinkler - In-ground, Sprinkler - Partial, Trees-Large (Over 40 Ft), Waterfall
    Details
    • Additional structures: Barn(s), Gazebo, Guest House, Second Residence, Workshop
    • Parcel number: 1192600000015024
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Resale
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Connected, Propane, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Vista West Ranches Unfiled
    HOA
    • Has HOA: No
    Location
    • Region: Dripping Springs

    Financial & listing details

    • Price per square foot: $512/sqft
    • Annual tax amount: $14,562
    • Date on market: 4/9/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
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