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5001 McGregor LN, Dripping Springs, TX 78620
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$5,249,000
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Home Details for 5001 McGregor LN
Price
$5,249,000
Type
other
Bedrooms
9
Total Bathrooms
9
Full Bathrooms
5
Half Bathrooms
4
Year Build
2003
Sq. Ft.
10250
Lot Size
10
County
Hays
Tax
$14,562.29
MLS®️ Listing#
6354101
On exitrealty.com
227 days
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 Texasâ€. 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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- Utilities
- Cable Available
- Cable Connected
- Electricity Connected
- Propane
- Water Available
- Parking
- Aggregate
- Gated
- Gravel
- Waterfront and Water Access
- Stream
School Information
School Information for 5001 McGregor LN
Elementary School
Dripping Springs
Middle School
Dripping Springs Middle
High School
Dripping Springs
Listing Courtesy: Moreland Properties - (512) 263-3282
Based on information submitted to the MLS GRID as of 2025-09-04 08:42:35 . 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.
Last Updated: 2025-09-04 08:42:35
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$5,249,000
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EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549