Step into the Somerset, a beautifully designed two-story home that blends open living spaces with private retreats. With 1,950 sq. ft., this plan offers 3 bedrooms, 2.5 baths, and a 2-car garage, making it perfect for modern lifestyles. The first floor welcomes you with an open-concept layout that maximizes space and natural light. A spacious Family Room (19'-0" x 17'-0") flows into the Dining Room (14'-0" x 13'-0"), creating the ideal setting for family meals or entertaining guests. At the heart of the home, the Kitchen features a central island and generous counter space—perfect for meal prep or casual gatherings. A convenient Powder Room and direct access to the 2-Car Garage complete the main level. Upstairs, the Somerset continues to impress with a luxurious Owner’s Suite (12'-0" x 16'-0") featuring a private bath with dual sinks, a walk-in shower, and a spacious walk-in closet. Two additional bedrooms—Bedroom 2 (12'-0" x 10'-0") and Bedroom 3 (12'-0" x 10'-0")—offer plenty of space for family or guests. A versatile Loft (11'-0" x 11'-0") provides room for a home office, play area, or cozy retreat, while the conveniently located Laundry Room adds everyday ease. The Somerset is more than a home—it’s a lifestyle designed for comfort, flexibility, and style.
Pending
Price cut: $10K (7/21)
$369,990
501 Bishop Wood Rd, Dripping Springs, TX 78620
3beds
1,950sqft
Single Family Residence
Built in 2026
4,704 Square Feet Lot
$-- Zestimate®
$190/sqft
$50/mo HOA
What's special
Private retreatsOpen living spacesSpacious walk-in closetGenerous counter spaceConveniently located laundry roomConvenient powder roomOpen-concept layout
- 152 days
- 156
- 9
Zillow last checked:
Listing updated:
Listed by:
Patrick Easter (512) 241-0848,
M/I Homes Realty (512) 241-0848
Source: Unlock MLS,MLS#: 3926559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Main
Primary bathroom
- Features: Double Vanity
- Level: Main
Kitchen
- Features: Pantry
- Level: Main
Heating
- Central, ENERGY STAR Qualified Equipment, Natural Gas, Zoned
Cooling
- Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned
Appliances
- Included: Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Range, Microwave, Gas Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
Features
- Breakfast Bar, High Ceilings, Double Vanity, Electric Dryer Hookup, High Speed Internet, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wired for Data, Wired for Sound
- Flooring: Carpet, Tile, Vinyl
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens, Vinyl Windows
Interior area
- Total interior livable area: 1,950 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Lighting, No Exterior Steps, Pest Tubes in Walls, Private Yard
- Pool features: None
- Fencing: Back Yard, Fenced, Full, Gate, Privacy, Wood
- Has view: Yes
- View description: Hill Country, Neighborhood
- Waterfront features: None
Lot
- Size: 4,704 Square Feet
- Dimensions: 35 x 135
- Features: Back Yard, Close to Clubhouse, Front Yard, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Rain Sensor, Sprinkler - Side Yard, Trees-Small (Under 20 Ft), Views
Details
- Additional structures: Residence
- Parcel number: 501bishopwood
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: M/I Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: Cluster Mailbox, Common Grounds, Dog Park, High Speed Internet, Park, Picnic Area, Playground, Pool, Sidewalks, Street Lights, Suburban, Underground Utilities
- Subdivision: Heritage
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $600 annually
- HOA name: Heritage
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $190/sqft
- Date on market: 4/14/2026
- Listing terms: Cash,Conventional,FHA,FMHA (Fannie Mae),Texas Vet,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Pending sale | $369,990$190/sqft |
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| 7/21/2026 | Price change | $369,990-2.6%$190/sqft |
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| 7/10/2026 | Listed for sale | $379,990$195/sqft |
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| 6/29/2026 | Pending sale | $379,990$195/sqft |
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| 6/17/2026 | Price change | $379,990-2.1%$195/sqft |
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| 5/19/2026 | Price change | $387,990-3.7%$199/sqft |
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| 4/21/2026 | Price change | $402,990-6.3%$207/sqft |
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| 3/3/2026 | Price change | $429,990-0.7%$221/sqft |
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| 1/20/2026 | Price change | $432,990-0.1%$222/sqft |
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| 1/15/2026 | Price change | $433,540+0.8%$222/sqft |
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| 1/10/2026 | Listed for sale | $430,040$221/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78620
Nearby schools
Schools provided by the listing agent
- Elementary: Dripping Springs
- Middle: Dripping Springs Middle
- High: Dripping Springs
- District: Dripping Springs ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








