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ActiveMLS #4334297

122 Heritage Forest PKWY, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

4Bedrooms
3Bathrooms
2,195Square Ft
0.11Acres
2Garage
2026Year Built
Price Reduced
1 / 23
$389,990$444,990

Overview

Property Description

The Catarina is a versatile two-story home that combines open-concept living with flexible spaces designed to grow with your needs. The welcoming foyer opens into a bright, open layout where the kitchen, dining room, and family room connect seamlessly—ideal for everyday living and entertaining. The kitchen features a spacious island and ample counter space, while a nearby powder room adds convenience. An attached 2-car garage offers easy access to the home. For added flexibility, the first floor includes an upgraded fourth bedroom with a third full bath, making it perfect for guests or multi-generational living. Outdoor living is enhanced with a covered patio. Upstairs, the owner's suite serves as a private retreat with a spacious bedroom, walk-in closet, and en-suite bath. Homeowners can personalize the space with a Deluxe Owner's Bath or add a private water closet for extra comfort. Two additional bedrooms, a shared full bath, and a centrally located laundry room provide everyday convenience. A versatile loft offers the perfect spot for a second living area, home office, or playroom. With its thoughtful layout and flexible design options, the Catarina makes it easy to create a home that fits your lifestyle—today and for years to come.

Financial Info
Price
$389,990
$ / Sqft
$178
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Maintenance Grounds
Tax Rate
1.86%
Est. Taxes
$10,661
Tax Year
2026
Exemptions
None
Legal Info
Address
122 Heritage Forest PKWY
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS BLOCK T, Lot 27
Parcel
122heritageforest
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
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
Laundry
In Hall, Laundry Room, Main Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Double Vanity, Electric Dryer Hookup, High Speed Internet, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wired for Data, Wired for Sound, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Prewired, Smoke Detector(s), Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens, Vinyl Windows
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
2,195 / Builder
Garages
2
Garage Desc
Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Composition, Shingle
Construction
Brick, HardiPlank Type, Blown-In Insulation, Cement Siding, Stone
Acres
0.11
Lot Description
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
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Heat
Central, ENERGY STAR Qualified Equipment, Natural Gas, Zoned
A C
Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned
Exterior Features
Fence
Back Yard, Fenced, Full, Gate, Privacy, Wood
Exterior Features
Lighting, No Exterior Steps, Pest Tubes in Walls, Private Yard, Covered, Rear Porch
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Dog Park, High Speed Internet, Park, Picnic Area, Playground, Pool, Sidewalks, Street Lights, Suburban, Underground Utilities

Rooms

Rooms3 rooms

Main level

  • Kitchen

    Pantry

Second level

  • Primary Bathroom

    Dual Vanity

  • Primary Bedroom

    Walk-In Closet(s)

Price history

Members only
Days on market
−$55,000 (−12.4%)
$444,990 → $389,990
6
Price reductions
Active
Since Apr 1, 2026
Price trend
List priceApr 2026Sep 2026
Property history7 events
DateEventPriceChange
Sep 14, 2026Price Decrease$389,990−$5,000 (−1.3%)
Aug 11, 2026Price Decrease$394,990−$5,000 (−1.3%)
Jul 7, 2026Price Decrease$399,990−$6,000 (−1.5%)
Jun 9, 2026Price Decrease$405,990−$4,000 (−1%)
May 19, 2026Price Decrease$409,990−$10,000 (−2.4%)
Apr 21, 2026Price Decrease$419,990−$25,000 (−5.6%)
Apr 1, 2026New Listing

Taxes

General Information
Owner
M/I HOMES OF AUSTIN LLC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK T, Lot 27, ACRES 0.126
Geo ID
113812000T027004
Acreage
0.13
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$10,661
MLS tax year
2026
Appraisal Values
YearLandImprovementsMarketAssessed
2026$101,780$0$101,780$101,780

Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).

Schools

School Info
District
Dripping Springs ISD
Elementary
Dripping Springs
Middle
Dripping Springs Middle
High
Dripping Springs

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $389,990
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,185 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,185

Principal & interest
$1,972
Property taxes
$888
Homeowners insurance
$325

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$311,992$3,487$20,177$308,505
2$308,505$3,721$19,943$304,784
3$304,784$3,970$19,694$300,814
4$300,814$4,236$19,428$296,578
5$296,578$4,520$19,145$292,059
6$292,059$4,822$18,842$287,237
7$287,237$5,145$18,519$282,091
8$282,091$5,490$18,174$276,602
9$276,602$5,857$17,807$270,744
10$270,744$6,250$17,414$264,495
  • Year 1$308,505
    Principal paid
    $3,487
    Interest paid
    $20,177
    Starting balance
    $311,992
  • Year 2$304,784
    Principal paid
    $3,721
    Interest paid
    $19,943
    Starting balance
    $308,505
  • Year 3$300,814
    Principal paid
    $3,970
    Interest paid
    $19,694
    Starting balance
    $304,784
  • Year 4$296,578
    Principal paid
    $4,236
    Interest paid
    $19,428
    Starting balance
    $300,814
  • Year 5$292,059
    Principal paid
    $4,520
    Interest paid
    $19,145
    Starting balance
    $296,578
  • Year 6$287,237
    Principal paid
    $4,822
    Interest paid
    $18,842
    Starting balance
    $292,059
  • Year 7$282,091
    Principal paid
    $5,145
    Interest paid
    $18,519
    Starting balance
    $287,237
  • Year 8$276,602
    Principal paid
    $5,490
    Interest paid
    $18,174
    Starting balance
    $282,091
  • Year 9$270,744
    Principal paid
    $5,857
    Interest paid
    $17,807
    Starting balance
    $276,602
  • Year 10$264,495
    Principal paid
    $6,250
    Interest paid
    $17,414
    Starting balance
    $270,744
First 10 of 30 years

Nearby

Courtesy of M/I Homes Realty · (512) 241-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.