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$399,900

10605 Lake Beach Dr, Dripping Springs, TX, 78620

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$351.1 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven, Free-Standing Electric Oven, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Concrete, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Entrance, Private Yard
Lot Size10,350 sqft

Building Information

Year Built2002
Stories2
Roof Type112
Garage Spaces1

Land Information

APN01059707070000
Lot Number37
SubdivisionMountain Creek Lakes Sec 1
Land UseResidential
Legal DescriptionLOT 37 BLK O MOUNTAIN CREEK LAKES SEC 1
Census Tract036600
Assessed Land Value$81,118
Assessed Improvement Value$234,780
Assessment Year2025

About this property

This is the one you've been waiting for. A storybook cottage tucked into the Texas Hill Country, where low taxes, no HOA, and nearly 600sqft of covered patio space creates the ideal place to enjoy sunsets and the abundant wildlife. 2 bedrooms, 2 bathrooms, 1,139 square feet of character, charm, and intentional design, all on a generous, fenced lot surrounded by native vegetation with zero rear or side neighbors in sight. The classic Southern front porch sets the tone, complete with a porch swing, ceiling fans, louvered shutters, and seating that invites you to slow down and stay awhile. Inside, vaulted ceilings soar above a sun-drenched living room anchored by a natural white stone wood-burning fireplace, wrought iron stair railing, and custom window treatments that remain with the home. The galley kitchen delivers: stainless steel appliances, recessed lighting, and a layout that works. The back patio is the crown jewel, stained concrete underfoot, ceiling fans overhead, and sweeping Hill Country tree canopy views that are yours alone. A detached carport with storage and lighting, brick paver walkway, doggy door, metal roof with fasteners replaced circa 2022, and new AC unit in 2022 round out a home that is as functional as it is gorgeous. Residents have the option to join the Deer Creek Ranch Parks and Lakes Association, a beloved volunteer-run community organization offering access to 33 acres of parkland, two lakes, a beach, volleyball, playground, fishing, and walking trails — all just down the street and available for a low annual membership fee with no mandatory HOA strings attached. Zoned for highly rated Lake Travis ISD, minutes from the Hill Country Galleria, Pedernales River, Reimers Ranch, Hamilton Pool, and a neighborhood lake just down the street for fishing, paddleboarding, and beach volleyball. Austin, Dripping Springs, Bee Cave, and Lakeway all within easy reach. Privacy. Views. Location. This one checks every box.

Investor Tools

Property Icon
$396,000
Estimated Property Value
$333,000Estimated Mortgage Balance
$84,591Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,345
$315,898
2025
$81,118
$234,780
$315,898
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,345
$315,898

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeowners Financial Group Usa Llc
Conventional
$333,000
No
First
Nov 7, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,409
$84,591
21%
79%
$1,997/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.

Explore Texas Explore This Area
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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