5001 McGregor Lane
Dripping Springs, TX 78620
10250 sqft | 5 beds | 7 baths | 10.00 acres | #6354101
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.
Property Details
- Lot DescriptionSprinklers In Ground, Sprinklers Partial, Trees Large Size, Waterfall
- Utility FeaturesCable Connected, Electricity Connected, Propane, Water Available
- ViewHills, Creek Stream, Trees Woods
- SubdivisionVista West Ranches Unfiled
- Middle SchoolDripping Springs Middle
- School DistrictDripping Springs ISD
- Elementary SchoolDripping Springs
- High SchoolDripping Springs
- Original List Price$5,249,000
- Property TypePurchase
- Taxes Annual$14,562
- MLS #6354101
- Cost5249000
- MLS #6354101
- Property ConditionResale
- Square Feet10250
- Property SubtypeOther
- Year Built2003
- CountyHays
- Acres10
- Bedrooms5
- Bathrooms7
- Full Baths5
- Half Baths4
- Pool1
- Days on Market (Cumulative)4
Location
Legal
Based on information submitted to the MLS GRID as of 2025-04-10 09:03:16 UTC. 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.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Ben Morton (#723108), Phone: (512) 263-3282
Listing Office: Moreland Properties (#017J01)
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