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$650,000

10224 Twin Lake Loop, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$509.8 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesSee Remarks
Lot Size3.14 acres

Building Information

Year Built1973
Stories1
Roof Type114
Garage Spaces3

Land Information

APN01099702050000
Lot Number34-38
SubdivisionTwin Lake Hills
Land UseResidential
Legal DescriptionLOT 34-38 * & E 5FT OF LOT 39 BLK PP TWIN LAKE HILLS
Census Tract036600
Assessed Land Value$167,376
Assessed Improvement Value$206,267
Assessment Year2026

About this property

Rare opportunity to own an expansive, unrestricted-feel retreat nestled on 3.14 acres in acclaimed Lake Travis ISD with an ultra-low 1.624% tax rate and NO HOA! This unique, multi-tiered property is brimming with potential and character, with natural drainage channels engineered around rainwater runoff and an enchanting koi pond that sets the scene for peaceful Hill Country living. The lower elevation provides a generous, level building footprint ideal for constructing a brand-new custom single-family primary residence plus a private guest casita or detached studio. Existing improvements feature a spacious 2+ car garage with an attached workshop—perfect for mechanics, craftsmen, boat storage, or hobbyists. Horses and chickens are allowed. This extraordinary Dome Home is a blank canvas for visionary renovators, builders, or investors seeking a major restoration project. Explore the virtual tour and architectural renderings showcasing AI-generated design concepts that illustrate modern transformation possibilities for both the main house and workshop garage. Note deed restriction terms: the property must remain as one unified parcel, and individual lots cannot be subdivided or sold separately. The buyer must install a new on-site private septic system, as the current septic is shared with a neighboring parcel and will not transfer with the sale. Unbeatable location just minutes from premier Texas Hill Country recreation: spend sunny weekends boating, paddleboarding, and dining along Lake Travis, hike scenic trails at Pace Bend Park, browse boutiques at the Hill Country Galleria, or tee off at local golf clubs.

Investor Tools

$0Estimated Mortgage Balance
$419,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Cheryl Fowlkes

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$276
$373,643
2026
$167,376
$206,267
$373,643
No

Tax History

Year
Tax Paid
Assessed Value
2025
$276
$373,643

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$419,000
100%
0%
$0/mo

City: Dripping Springs

10224 Twin Lake Loop | Property Details | No Agent List