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$139,000

10400 Lake Park DR, Dripping Springs, TX, 78620

On MarketInfo
Baths0 Bath
MultipleParcelsMultipleParcels

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior FeaturesSee Remarks
Lot Size24,084 sqft

Land Information

APN01079706020000
Lot Number12
SubdivisionTwin Lake Hills
Land UseResidential
Legal DescriptionLOT 12-13 BLK XX TWIN LAKE HILLS
Census Tract036600
Assessed Land Value$110,533
Assessment Year2025

About this property

RARE & UNPARALLELED OPPORTUNITY! Build your dream home on Lot 13 at 10400 Lake Park Drive, one of the last remaining undeveloped waterfront homesites in the highly sought-after Deer Creek Ranch community of Dripping Springs. Surrounded by mature trees and lush Hill Country landscape, this exceptional lot offers outstanding privacy and comes partially fenced, providing a head start on your custom build. Enjoy direct access to 33+ acres of protected natural parkland, where scenic trails wind through open meadows, wooded bridges, and beautiful green spaces perfect for hiking and exploring. The community also features multiple private lakes, including the picturesque Deer Creek Lower Lake, ideal for paddleboarding, kayaking, canoeing, and other non-motorized recreation. Parks & Lake Association members enjoy private shoreline access to stocked catch-and-release fishing for bass and perch, scenic lakefront trails, shaded picnic areas with grills, playgrounds, volleyball and sports courts, outdoor fitness equipment, a community gathering space, and two community pools with splash areas. Located within the acclaimed Dripping Springs ISD, this premier homesite offers the perfect balance of peaceful Hill Country living and everyday convenience, just minutes from downtown Dripping Springs, renowned wineries, breweries, distilleries, shopping, and dining. Membership in the Parks & Lake Association is optional; however, participation is required to enjoy the community's lakes, parks, trails, and recreational amenities, with pool access available to residents who remain current on applicable HOA dues. Don't miss this rare opportunity to own one of Deer Creek Ranch's final waterfront lots!

Investor Tools

$0Estimated Mortgage Balance
$110,533Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

Interested in this property?

John Underwood

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,047
$110,533
2025
$110,533
N/A
$110,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,047
$110,533

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,533
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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10400 Lake Park DR | Property Details | No Agent List