Active · MLS# 4531978

10512 Lake Park Dr

Dripping Springs, TX, 78620

$1,250,000

5 Beds · 4 Baths · 4,444 SF · $281/SF

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

Single Family Residence

Living area

4,444 sq ft

Bedrooms

5

Bathrooms

4 full

Year built

2002

Lot size

0.8511 acres

Garage

2 spaces

Subdivision

Twin Lake Hills

County

Travis

Annual taxes

$12,428

Pool

Private pool

Schools

Elementary

Bee Cave

Middle

Bee Cave Middle School

High

Lake Travis

Features

Interior

Bookcases · Breakfast Bar · Built-in Features · Ceiling Fan(s) · Ceiling-High · Quartz Counters · Entrance Foyer · Interior Steps · Kitchen Island · Multiple Living Areas · Open Floorplan · Pantry

Exterior

Gutters Full · Lighting · Private Yard

Flooring

Carpet · Concrete · Tile · Wood

Heating

Central · Fireplace(s)

Cooling

Ceiling Fan(s) · Central Air

Views

Hill Country · Panoramic · Park/Greenbelt · Pond · Rural · Trees/Woods

Listing courtesy of Natasha Antonioni, Compass RE Texas, LLC. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.