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Keenan Group#1 Austin Board of Realtors Team 2024
10501 Lake Park DR, photo 1 of 30, Dripping Springs, Dripping Springs, TX
Active

$695,900

1.60 acresLot

10501 Lake Park Dr, Dripping Springs, TX 78620

Reduced 11%$785,000
Dripping Springs·MLS# 2353114·154 days on market

— bed, — bath on 1.60 acres in Dripping Springs. Dripping Springs, TX 78620. $695,900. Lake Travis ISD.

About This Home

Assembled. Improved. Irreplaceable. 6 contiguous lots in Dripping Springs backing to a private 30+ acre park with two lakes. This rare assemblage provides a unique combination of privacy, scale, and natural beauty-feeling like a 40-acre retreat without the maintenance. Located in Deer Creek Ranch, the property has been thoughtfully improved with a completed casita, water access, 50/30 amp plugs for RV hookup, shed, well, and infrastructure that enhances build potential.

Multiple contiguous parcels of this size and location are extremely difficult to replicate in today’s market. Potential use cases include a Private family compound, Weekend retreat, Investment or boutique development opportunity.

Morning fog rolling across the lake, evenings around the firepit, and quiet nights under dark Texas skies create an experience that feels far removed from the city-while remaining just minutes from the heart of Dripping Springs. Currently situated at the end of a quiet dirt road scheduled to be paved by Travis County, the property combines a sense of seclusion with improving accessibility and long-term upside.

Property Type
Land
Lot Size
1.60 acres
HOA
$120/year

Listing information last updated September 6, 2026.

Listed by Beycome Brokerage Realty LLC

MLS# 2353114 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 1.60-acre lot
Greenbelt
Cul-De-Sac
Split Possible
Sprinkler - Automatic
Sprinkler - Partial

Facts & Features

Exterior & Lot

Lot Features

  • Greenbelt
  • Cul-De-Sac
  • Split Possible
  • Sprinkler - Automatic
  • Sprinkler - Partial
  • Trees-Large (Over 40 Ft)
  • Trees-Medium (20 Ft - 40 Ft)
Lot Size
1.60 Acres

Waterfront

  • Lake Front
Financial
HOA Fee
$120 / year
Original List Price
$785,000
Utilities
  • Electricity Connected
  • Propane
  • Sewer Connected
  • Water Available
  • Water Connected
Water Source
Private,Well
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 10501 Lake Park DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $695,900Original list: $749,900MLS 2353114
    1. Listed · May 21, 2026$749,900
    2. Price changed · September 6, 2026$695,900
  2. WithdrawnListed date not recorded
    Current price: $15,000Original list: $15,000MLS 6268724

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$695,900
Original list
$785,000
Price movement
$89.1K reduction
Listed / DOM
May 21, 2026 · 154 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$303,640
Assessment Year
2025
Year Built
2018
Parcel ID
000000106463
$337K
$123K
$123,027
2021
$150,200
+22.1% from prev
2022
$211,817
+41.0% from prev
2023
$336,776
+59.0% from prev
2024
$303,640
-9.8% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-9.8%
—$303,640—$47,213
2024+59.0%
—$336,776$170,000$181,597
2023+41.0%
—$211,817$136,000$200,776
2022+22.1%
—$150,200$85,000$126,817
2021
—$123,027$70,000$80,200
5-Year Change146.8%
Map showing 10501 Lake Park DR
10501 Lake Park DR
Directions

Zoned Schools & District Context

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$3,855
HOA dues
$10

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T06:07:07.28+00:00; normalized from annual dues.

20% ($139K)

Adjustable assumption - not a lending recommendation.

$695,900

Loan: $557K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$695,900

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

154 days

Original to current

$89.1K reduction

$785K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 10501 Lake Park Dr?

10501 Lake Park Dr is listed at $695,900 with 0 bedrooms, 1.60-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 10501 Lake Park Dr in?

10501 Lake Park Dr is zoned for Lake Travis ISD with assigned schools: Bee Cave (elementary), Bee Cave Middle School (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property taxes for 10501 Lake Park Dr?

The most recent annual property tax for 10501 Lake Park Dr is $4,931. 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.

How should a buyer estimate the monthly payment for 10501 Lake Park Dr?

This page does not assume a mortgage rate or publish a monthly payment for 10501 Lake Park Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 10501 Lake Park Dr compare with other homes in Dripping Springs?

As of Oct 16, 2026, 10501 Lake Park Dr is offered at $695,900. The current MLS snapshot shows 225 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 10501 Lake Park Dr?

The MLS listing marks 10501 Lake Park Dr as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 10501 Lake Park Dr?

The MLS listing reports HOA or association dues of $120 annual for 10501 Lake Park Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 1:07:07 AM. 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.

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Last updated: 10/16/2026, 1:07:07 AM

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