$1,250,000
Beds: 5
Baths: 4
Sqft: 4,444
Sqft lot: 37,074
Acre lot: 0.85
77 Days On Market

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Property listed by Compass RE Texas, LLC 512-575-3644 (512) 988-1741

Status: Active
Property Type: Singlefamilyresidence
Year Built: 2002
Neighborhood: Twin Lake Hills
Days On Website: 77

Property Details for 10512 Lake Park Drive, Dripping Springs, TX 78620

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.

Appliances & Equipment

  • Dishwasher
  • ElectricCooktop
  • ExhaustFan
  • ElectricOven
  • Disposal
  • GasRange
  • Microwave
  • Oven
  • Refrigerator
  • RangeHood
  • WaterSoftenerOwned
  • SeeRemarks
  • StainlessSteelAppliances

Bathrooms

  • 4 total bathrooms
  • 4 full bathrooms

Bedrooms

  • 5 total bedrooms
  • 2 main level bedrooms

Building

  • Built in 2002
  • Living area: 4444.0
  • Building faces South
  • Levels: Two
  • Construction Materials: Masonry, ShakeSiding, StoneVeneer, VinylSiding

Community

  • Lake
  • Playground
  • Park
  • SportCourts
  • TrailsPaths

Disclosures

  • None

Accessibility Features

  • None

Exterior Features

  • Lighting
  • PrivateYard
  • RainGutters
  • FirePit

Fence

  • None

Fireplaces

  • 1 fireplace
  • GreatRoom
  • Masonry
  • RaisedHearth
  • WoodBurning

Floors

  • Carpet
  • Concrete
  • Tile
  • Wood

Foundation

  • Slab

Garage

  • 2 spaces

Heating

  • Central
  • Fireplaces

Interior Features

  • BreakfastBar
  • Bookcases
  • BuiltInFeatures
  • CeilingFans
  • EntranceFoyer
  • HighCeilings
  • InteriorSteps
  • KitchenIsland
  • MultipleLivingAreas
  • MainLevelPrimary
  • MultipleClosets
  • OpenFloorplan
  • Pantry
  • QuartzCounters
  • SoakingTub
  • Study
  • WalkInClosets

Laundry

  • MainLevel
  • LaundryRoom
  • WasherHookup
  • ElectricDryerHookup

Listing

  • Listing ID: 4531978
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: SingleFamilyResidence
  • On market as of 2026-08-21
  • 1 day on market
  • Special Conditions: Standard

Location

  • Subdivision: Twin Lake Hills
  • MLS Area (Major): LS
  • County/Parish: Travis

Lot

  • 0.8511 acres
  • Bluff
  • BackYard
  • CulDeSac
  • SlopedDown
  • FrontYard
  • BacksToGreenbeltPark
  • GentleSloping
  • Private
  • ManyTrees
  • TreesMediumSize
  • Views

Parking

  • 2 covered spaces
  • ConvertedGarage
  • RvAccessParking
  • Storage

Pool

  • Filtered
  • Gunite
  • OutdoorPool
  • PoolSpaCombo
  • Tile

Possession

  • ClosingAndFunding
  • CloseOfEscrow

Property

  • UpdatedRemodeled
  • ParkGreenbelt
  • Hills
  • Panoramic
  • Pond
  • Rural
  • TreesWoods

Roof

  • Metal

Schools

  • Elementary School: Bee Cave
  • Elementary School District: Lake Travis ISD
  • Middle School: Bee Cave Middle School
  • Middle School District: Lake Travis ISD
  • High School: Lake Travis
  • High School District: Lake Travis ISD

Sewer

  • SepticTank

Taxes

  • Parcel Number: 01079706090000
  • Annual Amount: $12,428.4
  • Assessed Value: $765,309
  • Tax Block: XX
  • Legal Description: LOT3-5 BLK XX TWIN LAKE HILLS
  • Lot: 3-5
  • Year: 2025

Utilities

  • CableAvailable
  • CableConnected
  • ElectricityConnected
  • HighSpeedInternetAvailable
  • Propane
  • PhoneConnected
  • WaterConnected
  • Water Source: Private

Water Features

  • Pond

Map View


$1,250,000 - 10512 Lake Park Drive, Dripping Springs, TX 78620

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10512 Lake Park Drive
Dripping Springs, TX 78620
Subdivision: Twin Lake Hills