#2096989, David Jones, Listing Office: David E. Jones Brokerage, LLC
$5,249,000 List price
5001 Mcgregor Ln Dripping Springs, TX 78620
5 beds
5 full, 4 partial
10,250 sqft
10.0 acres
$512 / sqft
House
Property details
About 5001 Mcgregor Ln
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.
Highlights
Home typeOther
StatusActive
Size10,250 sqft
Lot size10 Acres
Year built2003
ParkingAggregate, Gravel, Gated
MLS #6354101
WaterfrontStream
ViewHills, Creek/Stream, Trees/Woods
Private poolYes
Summary
- MLS Number: 6354101
- MLS Name: ACTRIS
- Office Name: Moreland Properties
- Office Phone: (512) 263-3282
- Listing Agent: Ben Morton
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 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/16/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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5001 Mcgregor Ln
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $931,050 | $15,269 |
| 2023 | $1,011,180 | $15,130 |
| 2022 | $887,120 | $15,130 |
History based on county public records data.
Nearby schools
7
Dripping Springs Elementary School
Public District PK-5
5.7 mi
•29400 Ranch Road 12
7
Walnut Springs Elementary School
Public District PK-5
6.4 mi
•300 Sportsplex Dr
6
West Cypress Hills Elementary School
Public District KG-5
6.9 mi
•6112 Cypress Ranch Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,410. The majority of Dripping Springs, TX residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
45%
35k-100k
20%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
22%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
55%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5001 Mcgregor Ln
This home is located at 5001 Mcgregor Ln in Dripping Springs, TX and zip code 78620. This 10,250 square foot home, which was built in 2003, sits on a 10.00 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $5,249,000.
Over 4 listings were sold over their listed price in March 2025 in Dripping Springs, TX. In the same period over 31 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Dripping Springs, TX between February and March 2025 increased by 36.7%. While the average time on the market in March 2025 was 89 days, the median list price was $665,326.
From Rocket Homes Real Estate and based on county public records data.