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$464,000

10621 Lake Park Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size18,805 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01079710220000
Lot Number35
SubdivisionMountain Creek Lakes Sec 1
Land UseResidential
Legal DescriptionLOT 35 BLK M MOUNTAIN CREEK LAKES SEC 1
Census Tract036600
Assessed Land Value$102,087
Assessed Improvement Value$313,425
Assessment Year2025

About this property

Great lot in Deer Creek Ranch, minutes to Austin, Dripping Springs and major amenities. Homeowners enjoy 2 lakes and nature trails. Bring your design and contractor and enjoy life in the hill country! One of the largest lots in the area.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$464,000
Estimated Property Value
$0Estimated Mortgage Balance
$464,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,883
$415,512
2025
$102,087
$313,425
$415,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,883
$415,512

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
5.4%

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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10621 Lake Park Dr | Property Details | No Agent List