5001 Mcgregor Ln
Dripping Springs, TX 78620
Map
- 9 beds
- 9 baths
- 10,250 sqft
- ~10 acre lot
- $512 per sqft
- 2003 build
- – on site
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.
Last checked:
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Last updated Apr 23, 2025
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MLS# 6354101 —
The Building
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Year Built:2003
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New Construction:false
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Patio And Porch Features:Covered
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Levels:One
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Direction Faces:East
Room Dimensions
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Living Area:10250
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Living Area Source:Public Records
Financial & Terms
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Possession:Funding
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Restrictions:Deed Restrictions
Location
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Latitude:30.27976
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Longitude:-98.154943
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Directions:290 West to McGregor Go north on Mcgregor, past Fitzhugh, on left
The Property
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Property Type:Residential
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Subtype:See Remarks
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Parcel Number:1192600000015024
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Property Condition:Resale
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Other Structures:Barn(s)
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Lot Features:Sprinkler - In-ground
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Lot Size Acres:10
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Lot Size Area:10 Sqft
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Lot Size SqFt:435,600 Sqft
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SqFt Total:7,233 Sqft
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View:Creek/Steam
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Waterfront:false
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Waterfront Features:Stream
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Horse:false
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Additional Parcels:false
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Fencing:Barbed Wire
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 689-2564
- Office phone:
- (512) 263-3282
Taxes
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Tax Annual Amount:$14,562.29
Beds
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Bedrooms Total:9
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Main Level Bedrooms:9
Baths
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Total Baths:7
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Total Baths:9
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Full Baths:5
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Half Baths:4
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
Utilities
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Utilities:Cable Connected
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Electric On Property:true
Appliances
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Appliances:Microwave
Schools
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Elementary School:Dripping Springs
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Elementary School District:Dripping Springs ISD
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Middle School:Dripping Springs Middle
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Middle School District:Dripping Springs ISD
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High School:Dripping Springs
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High School District:Dripping Springs ISD
The Community
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Subdivision Name:Vista West Ranches Unfiled
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Community Features:None
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Pool Private:true
Parking
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Parking Features:Aggregate
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Garage:false
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Attached Garage:false
Monthly cost estimate
Asking price
$5,249,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$28,106
|
| Taxes | $1,213 |
| Insurance | $1,443 |
| Utilities | $464 See report |
| Total | $31,226/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
