Skip main navigation
Pending
  • Price cut: $10K (7/21)
    $369,990

    501 Bishop Wood Rd, Dripping Springs, TX 78620

    3beds
    1,950sqft
    : 
    $2,746/mo
    Get pre-qualified
    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
    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.
    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#: 3926559MLS Logo

      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

        DateEventPrice
        9/1/2026Pending sale$369,990$190/sqft
        Source: Unlock MLS #3926559 Report a problem
        7/21/2026Price change$369,990-2.6%$190/sqft
        Source: Unlock MLS #3926559 Report a problem
        7/10/2026Listed for sale$379,990$195/sqft
        Source: Unlock MLS #3926559 Report a problem
        6/29/2026Pending sale$379,990$195/sqft
        Source: Unlock MLS #3926559 Report a problem
        6/17/2026Price change$379,990-2.1%$195/sqft
        Source: Unlock MLS #3926559 Report a problem
        5/19/2026Price change$387,990-3.7%$199/sqft
        Source: Unlock MLS #3926559 Report a problem
        4/21/2026Price change$402,990-6.3%$207/sqft
        Source: Unlock MLS #3926559 Report a problem
        3/3/2026Price change$429,990-0.7%$221/sqft
        Source: M/I Homes Report a problem
        1/20/2026Price change$432,990-0.1%$222/sqft
        Source: M/I Homes Report a problem
        1/15/2026Price change$433,540+0.8%$222/sqft
        Source: M/I Homes Report a problem
        1/10/2026Listed for sale$430,040$221/sqft
        Source: M/I Homes Report a problem

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78620

        Getting around

        17 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts