About 10512 Lake Park Drive
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.
Features of 10512 Lake Park Drive
| MLS® # | 4531978 |
|---|---|
| Price | $1,250,000 |
| 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 |
|---|---|
| Area | LS |
| 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 | RV Access/Parking, Storage, Converted Garage |
| Garage Spaces | 2 |
| View | Park/Greenbelt, Hills, Panoramic, Rural, Trees/Woods, Pond |
| Is Waterfront | No |
| Waterfront | Pond |
| Has Pool | Yes |
Interior
| Interior | Carpet, Concrete, Tile, Wood |
|---|---|
| Interior Features | 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) |
| 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 |
Additional Information
| Date Listed | August 21st, 2026 |
|---|---|
| Days on Market | 10 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass RE Texas, LLC |
|---|---|
| Contact Info | (512) 988-1741 |