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ActiveMLS #5391730

137 Bishop Wood RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

4Bedrooms
3Bathrooms
2,182Square Ft
0.14Acres
2Garage
2025Year Built
Price Reduced
1 / 40
$449,990$559,990

Overview

Property Description

A spacious and efficient floorplan, the Barton II showcases all the right spaces in all the right places! You'll be impressed with this single-story home's 4 bedrooms, 3 bathrooms, and 2,182 square feet. The covered front porch takes the exterior to new heights—add potted plants and seasonal décor to really wow your guests! An airy foyer leads to a hallway connecting 2 of the bedrooms with a full bathroom to share, a great wing of the home for kids' rooms. The laundry room is right across the hall, and leads to the comfiest guest suite with a bedroom and full bathroom. The back half of the home holds the open-concept living areas and the owner's suite. The kitchen faces the dining room and connects to the family room, so whether your family is enjoying a formal dinner or settling in for movie night, anyone can quickly make trips back to the kitchen. The back of the home includes a covered extended patio that you can fill with a comfortable outdoor furniture set and a grill for wonderful summer memories as a family. The owner's suite boasts a roomy bedroom with an upgraded bay window to for some extra space and natural light, and the owner's bathroom boasts a double vanity and a walk-in shower.

Financial Info
Price
$449,990
$ / Sqft
$206
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Maintenance Grounds
Tax Rate
1.74%
Est. Taxes
$13,447
Tax Year
2025
Exemptions
None
Legal Info
Address
137 Bishop Wood RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS BLOCK N, Lot 11
Parcel
137bishopwood
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
Laundry
Inside, Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Double Vanity, Electric Dryer Hookup, High Speed Internet, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat, Walk-In Closet(s), Wired for Data, Wired for Sound, Carbon Monoxide Detector(s), Fire Alarm, 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 / 4 Main Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2025 / New
Square Feet
2,182 / Builder
Garages
2
Garage Desc
Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Composition, Shingle
Construction
Brick, Blown-In Insulation, Cement Siding, Stone
Acres
0.14
Lot Description
Back Yard, Corner Lot, Few Trees, 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, Neighborhood, Park/Greenbelt
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
Ceiling Fan(s), Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned
Exterior Features
Fence
Back Yard, Fenced, Full, Gate, Perimeter, Privacy, Wood
Exterior Features
Gutters Partial, 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

  • Primary Bathroom

    Dual Vanity

  • Kitchen

    Pantry

  • Primary Bedroom

    Walk-In Closet(s)

Price history

Members only
Days on market
−$110,000 (−19.6%)
$559,990 → $449,990
9
Price reductions
Active
Since Dec 12, 2025
Price trend
List priceDec 2025Aug 2026
Property history13 events
DateEventPriceChange
Aug 26, 2026Price Decrease$449,990−$20,000 (−4.3%)
Aug 4, 2026Price Decrease$469,990−$10,000 (−2.1%)
Jul 31, 2026Price Increase$479,990+$10,000 (+2.1%)
Jul 31, 2026Back On Market
Jul 15, 2026Pending
Jun 17, 2026Price Decrease$469,990−$5,000 (−1.1%)
May 19, 2026Price Decrease$474,990−$10,000 (−2.1%)
Apr 7, 2026Price Decrease$484,990−$10,000 (−2%)
Mar 3, 2026Price Decrease$494,990−$20,000 (−3.9%)
Feb 11, 2026Price Decrease$514,990−$10,000 (−1.9%)
Jan 27, 2026Price Decrease$524,990−$25,000 (−4.5%)
Jan 6, 2026Price Decrease$549,990−$10,000 (−1.8%)
Dec 12, 2025New Listing

Taxes

General Information
Owner
M/I HOMES OF AUSTIN LLC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK N, Lot 11, ACRES 0.145
Geo ID
113812000N011004
Acreage
0.15
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$13,447
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$50,890$201,880$252,770$252,770

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 $449,990
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

$3,771 / mo

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

Estimated monthly payment $3,771

Principal & interest
$2,275
Property taxes
$1,121
Homeowners insurance
$375

*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$359,992$4,024$23,281$355,968
2$355,968$4,293$23,012$351,675
3$351,675$4,581$22,724$347,094
4$347,094$4,888$22,417$342,207
5$342,207$5,215$22,090$336,992
6$336,992$5,564$21,741$331,428
7$331,428$5,937$21,368$325,491
8$325,491$6,334$20,970$319,157
9$319,157$6,759$20,546$312,398
10$312,398$7,211$20,094$305,187
  • Year 1$355,968
    Principal paid
    $4,024
    Interest paid
    $23,281
    Starting balance
    $359,992
  • Year 2$351,675
    Principal paid
    $4,293
    Interest paid
    $23,012
    Starting balance
    $355,968
  • Year 3$347,094
    Principal paid
    $4,581
    Interest paid
    $22,724
    Starting balance
    $351,675
  • Year 4$342,207
    Principal paid
    $4,888
    Interest paid
    $22,417
    Starting balance
    $347,094
  • Year 5$336,992
    Principal paid
    $5,215
    Interest paid
    $22,090
    Starting balance
    $342,207
  • Year 6$331,428
    Principal paid
    $5,564
    Interest paid
    $21,741
    Starting balance
    $336,992
  • Year 7$325,491
    Principal paid
    $5,937
    Interest paid
    $21,368
    Starting balance
    $331,428
  • Year 8$319,157
    Principal paid
    $6,334
    Interest paid
    $20,970
    Starting balance
    $325,491
  • Year 9$312,398
    Principal paid
    $6,759
    Interest paid
    $20,546
    Starting balance
    $319,157
  • Year 10$305,187
    Principal paid
    $7,211
    Interest paid
    $20,094
    Starting balance
    $312,398
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.