Dripping Springs, TX 78620 5001 McGregor Ln
$5,249,000



35 more




































Presented By: Moreland Properties;
Home Details
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.
Presented By: Moreland Properties;
Interior Features for 5001 McGregor Ln
Bedrooms
Main Level Bedrooms9
Total Bedrooms9
Bathrooms
Half Baths4
Total Baths9
Other Interior Features
LivingAreaSourcePublic Records
General for 5001 McGregor Ln
Additional Parcels Y/NNo
AppliancesMicrowave, Electric Oven, Free-Standing Electric Range
CityDripping Springs
Community FeaturesNone
Construction MaterialsHardiPlank Type, Masonry – Partial, Stone
CountyHays
Directions290 West to McGregor
Go north on Mcgregor, past Fitzhugh, on left
DisclosuresSeller Disclosure, Seller Provided Survey Available
Elementary SchoolDripping Springs
Facing DirectionEast
Full Baths5
HOANo
High SchoolDripping Springs
LevelsOne
Lot Size Square Feet435600
MLS AreaHD
Middle/Junior High SchoolDripping Springs Middle
New ConstructionNo
Other StructuresBarn(s), Gazebo, Guest House, Second Residence, Workshop
Patio/Porch FeaturesCovered, Front Porch, Rear Porch
Property ConditionResale
Property SubtypeSee Remarks
Property TypeResidential
Standard StatusActive
StatusActive
Subdivision NameVista West Ranches Unfiled
Tax Annual Amount14562.29
Tax Assessed Value1011180
Tax Year2023
UtilitiesCable Connected, Electricity Connected, Propane, Water Available
ViewCreek/Stream, Hill Country, Trees/Woods
Virtual TourClick here
Waterfront FeaturesStream
Waterfront Y/NNo
Year Built2003
Year Built SourcePublic Records
Exterior for 5001 McGregor Ln
FencingBarbed Wire, Fenced, Gate
Horse Amenities None
Horse Y/NNo
Lot FeaturesSprinkler - Partial, Trees-Large (Over 40 Ft), Waterfall
Lot Size Acres10
Parking FeaturesAggregate, Gated, Gravel
Total Parking90
Additional Details
Price History
Schools
High School
Dripping Springs High School
Middle School
Dripping Springs Middle
Elementary School
Dripping Springs Elementary School

Dathon Aragon
Broker