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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
HUGE LOT this sits on 1.2 acres with lots of trees and potential to expand. Unique home in the Deer Creek community in Dripping Springs offering a rare combination of space, flexibility, and Hill Country charm on a large, tree-filled lot. This nicely updated property features an open concept living room and kitchen designed for entertaining, creating a welcoming and functional space for everyday living. The home includes kitchen appliances and boasts great curb appeal with a covered front porch, perfect for relaxing and enjoying the peaceful surroundings. Step outside to a truly standout backyard with a huge covered deck and outdoor kitchen area ideal for gatherings, BBQs, and outdoor living, all set against a wooded backdrop that provides privacy and a natural setting. The expansive lot offers plenty of room to grow, including an outbuilding that can be transformed into a studio or guest quarters, as well as a ADU with electric and plumbing hookups already in place for future use. A recently replaced water heater adds peace of mind, and the property is zoned to well-rated Lake Travis ISD schools. Located near the Deer Creek Fishing Hole and Park, Hill Country Galleria, and just a short drive to Dripping Springs, this home combines outdoor lifestyle, entertaining space, and development potential into one exceptional opportunity.
Property Type
Residential
Year Built
1999
Lot Size
1.21 acres
$/Sq Ft
$360
Garage
4 spaces
Listed by Bramlett Partners
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
10212 Thomas Ln is listed at $449,000 with 3 bedrooms, 2 full bathrooms, 1,248 square feet, 1.21-acre lot.
10212 Thomas Ln is zoned for Lake Travis ISD with assigned schools: Bee Cave (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
10212 Thomas Ln is a Residential built in 1999 featuring 3 bedrooms, 2 full bathrooms, 1,248 square feet, 1.21-acre lot.
10212 Thomas Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 10212 Thomas Ln is $6,333. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.7% | — | $390,000 | — | — |
2024-6.5% | — | $441,856 | $170,000 | $260,732 |
2023+51.5% | — | $472,584 | $136,000 | $305,856 |
2022+22.4% | — | $312,017 | $136,000 | $336,584 |
2021 | — | $254,959 | $112,000 | $200,017 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($90K)
$449,000
Luxury property intelligence
A sourced read on Valley Lake Hills Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$449,000
Price per sqft
$360/sqft
Vs. Valley Lake Hills Sec 01 median
Not available
Days on market
43 days
Original to current
No verified reduction
$449K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($89,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 10212 Thomas Ln is around $2,858 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $449,000, 10212 Thomas Ln is in the Valley Lake Hills Sec 01 market where there are currently 236 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
8 events on record
Current Price
$449,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.7% | — | $390,000 | — | — |
2024-6.5% | — | $441,856 | $170,000 | $260,732 |
2023+51.5% | — | $472,584 | $136,000 | $305,856 |
2022+22.4% | — | $312,017 | $136,000 | $336,584 |
2021 | — | $254,959 | $112,000 | $200,017 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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