ADDRESS
Compass RE Texas, LLC
2500 Bee Caves Road, Building 3, Suite 200, Austin, TX 78746
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$5,249,000
18 Days On Site
5001 McGregor LNDripping Springs, TX 78620
For Sale|Residential|Active
9
Beds
5
Full Baths
4
Partial Baths
10,250
SqFt
$512
/SqFt
2003
Built
Subdivision:
Vista West Ranches Unfiled
County:
Hays
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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.
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Listing Snapshot
Price
$5,249,000
Days On Site
18 Days
Bedrooms
9
Inside Area (SqFt)
10,250 sqft
Total Baths
9
Full Baths
5
Partial Baths
4
Lot Size
10 Acres
Year Built
2003
MLS® Number
6354101
Status
Active
Property Tax
$14,562.29
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
10
Direction Faces
East
Disclosures
Seller Disclosure, Seller Provided Survey Available
Parking
AggregateGatedGravel
Parking Spaces
90
Special Circumstances
Standard
Stories
One
Utilities
Cable AvailableCable ConnectedElectricity ConnectedPropaneWater Available
Interior Features
Appliances
MicrowaveElectric OvenFree-Standing Electric Range
Main Level Bedrooms
9
Kitchen
Level - First
Living Room
Level - MainFeatures - Bar, Recessed Lighting, Vaulted Ceiling(s), Wet Bar
Primary Bathroom
Level - MainFeatures - Granite Counters
Primary Bedroom
Level - FirstFeatures - Ceiling Fan(s), Granite Counters
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Exterior Features
Construction Details
HardiPlank TypeStone
Fencing
Barbed WireFencedGate
Lot Features
Waterfall
Other Structures
Barn(s)GazeboGuest HouseSecond ResidenceWorkshop
Patio And Porch
CoveredFront PorchRear Porch
Pool Features
Private
Private Pool
Yes
View
Creek/StreamTrees/Woods
Waterfront Features
Stream
Waterview
Creek/StreamTrees/Woods
Community Features
Community Features
None
Financing Terms Available
CashConventional
Horse Allowed
Yes
Horse Property
None
MLS Area
HD
School District
Dripping Springs ISD
Schools
School District
Dripping Springs ISD
Elementary School
Dripping Springs
Middle School
Dripping Springs Middle
High School
Dripping Springs
Listing courtesy of Moreland Properties ben.morton@moreland.com
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2025-04-27 12:47 PM CDT
REQUIRED DMCA NOTICE Member Participant’s IDX site must comply with The Digital Millennium Copyright Act of 1998 by including appropriate notification instructions to users. A Vendor or Member Participant that receives a DMCA notice of infringement must immediately (no later than 24 hours after receipt) notify MLS GRID at DMCAnotice@MLSGrid.com. A Member Participant’s IDX site must include the conspicuous display of the following two paragraphs: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2025-04-27 12:47 PM CDT
REQUIRED DMCA NOTICE Member Participant’s IDX site must comply with The Digital Millennium Copyright Act of 1998 by including appropriate notification instructions to users. A Vendor or Member Participant that receives a DMCA notice of infringement must immediately (no later than 24 hours after receipt) notify MLS GRID at DMCAnotice@MLSGrid.com. A Member Participant’s IDX site must include the conspicuous display of the following two paragraphs: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Neighborhood & Commute
Source: Walkscore
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