Address
10512 Lake Park Dr, Dripping Springs, TX
Price
$ 1,250,000
Property Attributes
  • MLS#4531978
  • TypeSingle Family
  • Listing Status Active
  • CountyTRAVIS
  • CityDripping Springs
  • AreaLS
  • NeighborhoodTwin Lake Hills
  • Zip78620
  • StyleSingle Family Residence
  • Year Built2002
  • Taxes$ 12428
  • Price$ 1,250,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4444
  • Lot Size0.8511 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

Set on nearly an acre overlooking a serene 25-acre park, this Hill Country farmhouse offers a rare blend of privacy, space, and opportunity. With 4,800+ square feet of living space, a 1,500 sq ft workshop, and a detached garage apartment with its own kitchen and bath that adds approximately 435 square feet, the property is currently operating as a short-term rental—making it an ideal second home that can help offset ownership costs, or a full-time residence with built-in flexibility. The original garage has been thoughtfully converted into a versatile space that can function as a game room or a fully separate apartment with living area and bedroom—perfect for guests, extended family, or additional rental income. Inside, all kitchens and baths have been beautifully updated with quartz and marble countertops. The light-filled main kitchen opens seamlessly to the living and dining areas, creating an inviting space for gathering and entertaining. The spacious primary suite on the main level features a clawfoot soaking tub, frameless glass shower, and morning light, with an additional room nearby perfect for a home office or nursery. Enjoy peaceful views and direct access to walking trails, fishing ponds, sport courts, and playgrounds just beyond your backyard. With light restrictions, this property welcomes chickens, boats, and RVs, offering rare freedom to live expansively. Zoned to Lake Travis ISD and short-term rental friendly, this home offers the freedom to live, host, or invest—whether as a primary residence, weekend escape, or income-producing retreat. Furnishings convey, excluding a short list of seller exclusions. Proven rental history available upon request. A truly versatile Hill Country haven where lifestyle and opportunity meet.

Elementary School Middle School High School
Bee Cave Elementary School Bee Cave Middle School Lake Travis High School
Price History
8/21/2026 Listed $1,250,000

General Features

Living Area 4444
Sewer Septic Tank
Heating Central,Fireplace(s)
Cooling Ceiling Fan(s),Central Air
Utilities Cable Connected,Electricity Connected,High Speed Internet,Phone Connected,Propane,Water Connected
Roof Metal
Appliances See Remarks,Dishwasher,Disposal,Electric Cooktop,Exhaust Fan,Gas Range,Microwave,Oven,Electric Oven,RNGHD,Refrigerator,Stainless Steel Appliance(s),Water Softener Owned
Garage Spaces 2
Patio/Porch Features Deck,Front Porch
Pool Features Filtered,Gunite,Outdoor Pool,Pool/Spa Combo,Tile
Security Features Smoke Detector(s)
Construction Materials Masonry – Partial,Shake Siding,Vinyl Siding,Stone Veneer
Year Built 2002
View Hill Country,Panoramic,Park/Greenbelt,Pond,Rural,Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Pond
Community Features Lake,Park,Picnic Area,Playground,Sport Court(s)/Facility,Trail(s)
Accessibility None
County Travis
New Construction No
Property Type Residential
HOA No
Energy Efficient None
Subdivision Name Twin Lake Hills
Facing Direction South
Green Sustainability None
Other Structures Garage(s),Guest House,RV/Boat Storage,Storage,Workshop
Full Baths 4
Status Active
Directions From Hamilton Pool Rd,head south on Longhorn Skyway. Turn right onto Sandy Beach Rd. Turn left onto Lake Shore Dr. Turn right onto Lake Beach Dr. Turn right onto Lake Park Dr. Turn right to stay on L
High School Lake Travis
City Dripping Springs
Disclosures None
MLS Area LS
Lot Size Square Feet 37073.92
Spa Features In Ground
Elementary School Bee Cave
Tax Annual Amount 12428.37
Middle/Junior High School Bee Cave Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 765309
Virtual Tour https://bit.ly/LakeParkDeck

Interior Features

Interior Amenities Bookcases,Breakfast Bar,Built-in Features,Ceiling Fan(s),Ceiling-High,Quartz Counters,Entrance Foyer,Interior Steps,Kitchen Island,Multiple Living Areas,Open Floorplan,Pantry,Primary Bedroom on Main,
Flooring Carpet,Concrete,Tile,Wood
Total Fireplaces 1
Fireplace Features Fire Pit,Great Room,Masonry,Raised Hearth,Wood Burning
Window Features Double Pane Windows,Screens,Wood Frames
Total Bedrooms 5
Main Level Bedrooms 2
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities Gutters Full,Lighting,Private Yard
Fencing None
Parking Features Converted Garage,RV Access/Parking,Storage
Lot Features Greenbelt,Back Yard,Bluff,Cul-De-Sac,Front Yard,Gentle Sloping,Private,Sloped Down,Many Trees,Trees-Medium (20 Ft - 40 Ft),Views
Water Source Private
Total Parking 10
Foundation Details Slab
Lot Size Acres 0.8511
Waterfront Y/N No
Covered Spaces 2
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78620

Price
AVG $1.18M
$1.25M
Taxes
AVG $13,024
$12,428
Year Built
AVG 2013
2002
Visits
AVG 151
30
Data Provided by Inside Real Estate®

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