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Dripping Springs · Twin Lake Hills

$1,375,000 71 days on market

10512 Lake Park Dr, Dripping Springs, TX 78620

  • 5bedrooms
  • 4bathrooms
  • 4,444sqft
  • 0.85acres
  • 2002year built

About this home

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.

Property

Type
Single Family Residence
Levels
Two
Year built
2002
Lot size
0.85 acres
Subdivision
Twin Lake Hills
MLS #
ACT2551487

Inside

Bedrooms
5
Bathrooms
4
Living area
4,444 sqft
Fireplaces
1

Outside / parking

Garage spaces
2
Pool
Yes — private

Schools

Elementary
Bee Cave
High school
Lake Travis
District
Lake Travis ISD

Costs

Est. annual taxes
$12,428 (2025)

Listing

First listed
Feb 26, 2026
Days listed
71
Status
Active

Listed by Natasha Antonioni, Compass RE Texas, LLC · [email protected] · MLS# ACT2551487 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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