10512 Lake Park DR, Dripping Springs TX 78620
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About This Property
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 Highlights
Features
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- High Ceilings
- Quartz Counters
- Electric Dryer Hookup
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Study/Home Office
- Walk-In Closet(s)
- Washer Hookup
Location
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Property Details
Lot, Outdoor & Utilities
HOA & Community
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Tax Information
| Year | Market Value |
|---|---|
| 2026 | $893,146 |
| 2025 | $765,309 |
| 2024 | $865,094 |
| 2023 | $941,776 |
| 2022 | $1,099,000 |
| 2021 | $594,800 |
| 2020 | $563,163 |
| 2019 | $587,179 |
| 2018 | $646,118 |
| 2017 | $620,963 |
Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office
Sale Terms & Disclosures
Listing History
| Aug 21, 2026 | Listed | Listing Courtesy of Compass RE Texas, LLC - natasha.antonioni@gmail.com | $1,250,000 |
| Jun 30, 2026 | Off Market | ||
| Feb 26, 2026 | Listed | $1,375,000 |
| Dec 20, 2021 | Off Market | ||
| Sep 14, 2021 | Listed | $1,279,000 |
| Dec 30, 2016 | Off Market | ||
| Nov 16, 2016 | Listed | $539,000 |
| Jul 1, 2016 | Off Market | ||
| Apr 20, 2016 | Listed | $3,000 |
| Jul 21, 2011 | Off Market | ||
| Jun 20, 2011 | Listed | $2,000 |
| Jun 1, 2010 | Off Market | ||
| Mar 11, 2010 | Listed | $1,900 |
| Jul 14, 2008 | Off Market | ||
| Jun 23, 2008 | Listed | $1,900 |
Frequently Asked Questions About 10512 Lake Park DR, Dripping Springs TX 78620
When was 10512 Lake Park DR, Dripping Springs TX 78620 built?
10512 Lake Park DR, Dripping Springs TX 78620 was built in 2002. It is masonry – partial, shake siding, vinyl siding, stone veneer construction with 4,444 square feet on a 0.8511 acre lot.
How much does 10512 Lake Park DR, Dripping Springs TX 78620 cost?
10512 Lake Park DR, Dripping Springs TX 78620 is listed for sale at $1,250,000. That is $281 per square foot.
How many bedrooms and bathrooms does 10512 Lake Park DR, Dripping Springs TX 78620 have?
10512 Lake Park DR, Dripping Springs TX 78620 has 5 bedrooms and 4 bathrooms (4 full) with 4,444 square feet of living space.
What school district is 10512 Lake Park DR, Dripping Springs TX 78620 in?
10512 Lake Park DR, Dripping Springs TX 78620 is in the Lake Travis ISD school district. Assigned schools include Bee Cave (elementary), Bee Cave Middle School (middle), Lake Travis (high school).
What are the property taxes on 10512 Lake Park DR, Dripping Springs TX 78620?
The annual property taxes on 10512 Lake Park DR, Dripping Springs TX 78620 are $12,428 (as of 2025). The tax assessed value is $765,309.
How big is the lot at 10512 Lake Park DR, Dripping Springs TX 78620?
The lot at 10512 Lake Park DR, Dripping Springs TX 78620 is 0.8511 acres, and the home has 4,444 square feet of living space.
What type of property is 10512 Lake Park DR, Dripping Springs TX 78620?
10512 Lake Park DR, Dripping Springs TX 78620 is a residential property on a slab foundation.
Does 10512 Lake Park DR, Dripping Springs TX 78620 have a garage?
Yes, 10512 Lake Park DR, Dripping Springs TX 78620 has a 2-car garage. Parking features include converted garage, rv access/parking, storage.
Does 10512 Lake Park DR, Dripping Springs TX 78620 have a pool?
Yes, 10512 Lake Park DR, Dripping Springs TX 78620 has a pool. Pool features include filtered, gunite, outdoor pool, pool/spa combo, tile.
What subdivision is 10512 Lake Park DR, Dripping Springs TX 78620 in?
10512 Lake Park DR, Dripping Springs TX 78620 is located in the Twin Lake Hills subdivision in Dripping Springs, TX. Community features include lake, park, picnic area, playground, sport court(s)/facility.
How long was 10512 Lake Park DR, Dripping Springs TX 78620 on the market?
10512 Lake Park DR, Dripping Springs TX 78620 was on the market for 1 days, listed on August 21, 2026.
What heating and cooling does 10512 Lake Park DR, Dripping Springs TX 78620 have?
10512 Lake Park DR, Dripping Springs TX 78620 has central, fireplace(s) heating and ceiling fan(s), central air cooling.
What are the roof and foundation at 10512 Lake Park DR, Dripping Springs TX 78620?
The listing reports a metal roof and a slab foundation at 10512 Lake Park DR, Dripping Springs TX 78620.
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