5001 McGregor LN Active Save Request In-Person Tour Request Virtual Tour
Dripping Springs,TX 78620
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 10,250 sqft
Price per Sqft $512
Subdivision Vista West Ranches Unfiled
MLS Listing ID 6354101
Bedrooms 9
Full Baths 5
Half Baths 4
HOA Y/N No
Originating Board actris
Year Built 2003
Annual Tax Amount $14,562
Tax Year 2023
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type See Remarks
Property Description
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.
Location
State TX
County Hays
Rooms
Main Level Bedrooms 9
Interior
Fireplace No
Appliance Microwave,Electric Oven,Free-Standing Electric Range
Exterior
Fence Barbed Wire,Fenced,Gate
Community Features None
Utilities Available Cable Connected,Electricity Connected,Propane,Water Available
Waterfront Description Stream
View Creek/Stream,Hill Country,Trees/Woods
Porch Covered,Front Porch,Rear Porch
Total Parking Spaces 90
Private Pool Yes
Building
Lot Description Sprinkler - Partial,Trees-Large (Over 40 Ft),Waterfall
Faces East
Level or Stories One
Structure Type HardiPlank Type,Masonry – Partial,Stone
New Construction No
Schools
Elementary Schools Dripping Springs
Middle Schools Dripping Springs Middle
High Schools Dripping Springs
School District Dripping Springs Isd
Others
Special Listing Condition Standard