
10512 Lake Park DR, Dripping Springs TX 78620
MLS #246250375 · Compass RE Texas, LLC · Natasha Antonioni
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 details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2002
- Full baths
- 4
- Lot size
- 0.8511
- Subdivision
- Twin Lake Hills
- MLS area
- LS
- MLS #
- 246250375
Features
Interior 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
Exterior features
- Gutters Full
- Lighting
- Private Yard
Additional details
- Parking
- Converted Garage, RV Access/Parking, Storage
- Garage spaces
- 2
- Roof
- Metal
- Foundation
- Slab
- Annual tax
- $12,428
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Bee Cave
- Middle
- Bee Cave Middle School
- High
- Lake Travis
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Getting around
- Downtown Austin
- 18.3 mi
- Austin-Bergstrom Airport
- 23.5 mi
Straight-line distance, not drive time.
Market insights
Compared with 447 active homes in ZIP 78620 · HomeLocating listings
At $1,250,000, this home is priced 80% above the $695,000 median across 447 active homes in ZIP 78620, including other homes in Twin Lake Hills.
Estimated monthly payment
Home price
$1,250,000
Down payment
20% ($250,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Compass RE Texas, LLC · Natasha Antonioni
Listing data last updated Oct 2, 2026, 11:46 PM
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