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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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10512 Lake Park Dr , Dripping Springs, TX 78620
$1,250,000
Est. Payment: $6,411.05/mo
5 Bed
4 Bath
4444 Sqft
Status: active | Days on site: 1
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Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Natasha Antonioni , (512) 988-1741 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.85

Year Built

2002

County

Travis

Area

LS

Neighborhood

Twin Lake Hills

School District

Lake Travis ISD

Listing ID

4531978

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
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)
Floor:Carpet,Concrete,Tile,Wood
Other:
  • Additional:Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Entrance Foyer, High Ceilings, Interior Steps, Kitchen Island, Multiple Living Areas, Main Level Primary, Multiple Closets, Open Floorplan, Pantry, Quartz Counters, Soaking Tub, Study, Walk-In Closet(s)
Water:Private

Exterior Features

Lot: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
Others:
  • Additional:Lighting, Private Yard, Rain Gutters, Fire Pit, Updated/Remodeled
Sewer:Septic Tank
Parking Features:Converted Garage,RV Access/Parking,Storage
Principal Interest
$6,411
Taxes
$1,036

Home Price

$1,250,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,411.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,411.05 $1,035.70 $0.00 $7,446.74
Yearly $76,932.55 $12,428.37 $0.00 $89,360.92
Total $2,307,976.62 $372,851.10 $0.00 $2,680,827.72

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Dripping Springs, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

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Data last updated: 2026-09-03T04:25:04.000Z

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