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$1,375,000 - 10512 Lake Park Drive, Dripping Springs

5
Bedrooms
4
Baths
4,444
SQ. Feet
0.85
Acres

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.

Essential Information

  • MLS® #:
    2551487
  • Price:
    $1,375,000
  • Bedrooms:
    5
  • Bathrooms:
    4.00
  • Full Baths:
    4
  • Square Footage:
    4,444
  • Acres:
    0.85
  • Year Built:
    2002
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    10512 Lake Park Drive
  • Subdivision:
    Twin Lake Hills
  • City:
    Dripping Springs
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78620

Amenities

  • Utilities:
    Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, Propane, Phone Connected, Water Connected
  • Features:
    Lake, Playground, Park, Sport Court(s), Trails/Paths
  • Parking:
    Storage, Converted Garage, RV Access/Parking
  • # of Garages:
    2
  • View:
    Park/Greenbelt, Hills, Panoramic, Trees/Woods, Pond, Rural
  • Waterfront:
    Pond
  • Has Pool:
    Yes

Interior

  • Interior:
    Carpet, Concrete, Tile, Wood
  • Appliances:
    Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Disposal, Gas Range, Microwave, Oven, Refrigerator, Range Hood, Water Softener Owned, See Remarks, Stainless Steel Appliance(s)
  • Heating:
    Central, Fireplace(s)
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Great Room, Masonry, Raised Hearth, Wood Burning
  • # of Stories:
    2
  • Stories:
    Two

Exterior

  • Exterior Features:
    Lighting, Private Yard, Rain Gutters, Fire Pit
  • Lot Description:
    Bluff, Back Yard, Cul-De-Sac, Sloped Down, Front Yard, Backs to Greenbelt/Park, Gentle Sloping, Private, Many Trees, Trees Medium Size, Views
  • Roof:
    Metal
  • Construction:
    Masonry, Stone Veneer, Vinyl Siding, Shake Siding
  • Foundation:
    Slab

School Information

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

Property Listed by: Compass Re Texas, Llc

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® (alternatively, from ACTRIS) from April 15th, 2026 at 6:16pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.