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ActiveMLS #1409029

240 Bishop Wood RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

3Bedrooms
2 full / 1 halfBathrooms
1,868Square Ft
0.16Acres
2Garage
2026Year Built
Price Reduced
1 / 11
$409,990$474,990

Overview

Property Description

This home offers 1,868 sq. ft. of thoughtfully designed living space featuring 3 bedrooms, 2.5 bathrooms, a game room, and a spacious two-story layout. The impressive living area showcases 20-foot ceilings, creating an open and airy feel that flows seamlessly into the open-concept kitchen, dining, and family room. The kitchen is beautifully appointed with quartz countertops, while light, natural wood-look luxury vinyl plank flooring extends throughout the main living areas for a warm, modern touch. The bright and inviting owner's bath features elegant tile flooring and stylish finishes. Additional upgrades include stainless steel appliances, window blinds, keyless garage door entry, 8-foot interior doors, upgraded baseboards, rocker light switches, and cabinet hardware throughout. Enjoy outdoor living on the large covered back patio, making this home perfect for entertaining or relaxing. With premium upgrades, spacious living areas, and designer finishes throughout, this home offers both comfort and style in every detail.

Financial Info
Price
$409,990
$ / Sqft
$219
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Maintenance Grounds
Tax Rate
1.86%
Est. Taxes
$12,124
Tax Year
2026
Exemptions
None
Legal Info
Address
240 Bishop Wood RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS BLOCK O, Lot 22
Parcel
R211975
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
1
Kitchen
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
Laundry Room, Upper Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Interior Features
Ceiling Fan(s), High Ceilings, Double Vanity, Electric Dryer Hookup, French Doors, High Speed Internet, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wired for Data, Wired for Sound, Carbon Monoxide Detector(s), Prewired, Security System, Smoke Detector(s), Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens, Vinyl Windows
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
1,868 / 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
0.16
Lot Description
Back Yard, 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
Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned
Exterior Features
Fence
Back Yard, Fenced, Full, Gate, Privacy, Wood
Exterior Features
Gutters Partial, Lighting, No Exterior Steps, Pest Tubes in Walls, Private Yard, Covered, Front Porch, 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

Days on market
−$65,000 (−13.7%)
$474,990 → $409,990
3
Price reductions
Active
Since Sep 17, 2026
Price trend
List priceSep 2026 → Oct 2026
Property history4 events
DateEventPriceChange
Oct 26, 2026Price Decrease$409,990−$20,000 (−4.7%)
Oct 20, 2026Price Decrease$429,990−$20,000 (−4.4%)
Sep 29, 2026Price Decrease$449,990−$25,000 (−5.3%)
Sep 17, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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 $409,990
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

$3,425 / mo

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

Estimated monthly payment $3,425

Principal & interest
$2,073
Property taxes
$1,010
Homeowners insurance
$342

*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$327,992$3,666$21,212$324,326
2$324,326$3,912$20,966$320,414
3$320,414$4,174$20,704$316,241
4$316,241$4,453$20,425$311,788
5$311,788$4,751$20,126$307,037
6$307,037$5,069$19,808$301,967
7$301,967$5,409$19,469$296,558
8$296,558$5,771$19,106$290,787
9$290,787$6,158$18,720$284,629
10$284,629$6,570$18,307$278,059
  • Year 1$324,326
    Principal paid
    $3,666
    Interest paid
    $21,212
    Starting balance
    $327,992
  • Year 2$320,414
    Principal paid
    $3,912
    Interest paid
    $20,966
    Starting balance
    $324,326
  • Year 3$316,241
    Principal paid
    $4,174
    Interest paid
    $20,704
    Starting balance
    $320,414
  • Year 4$311,788
    Principal paid
    $4,453
    Interest paid
    $20,425
    Starting balance
    $316,241
  • Year 5$307,037
    Principal paid
    $4,751
    Interest paid
    $20,126
    Starting balance
    $311,788
  • Year 6$301,967
    Principal paid
    $5,069
    Interest paid
    $19,808
    Starting balance
    $307,037
  • Year 7$296,558
    Principal paid
    $5,409
    Interest paid
    $19,469
    Starting balance
    $301,967
  • Year 8$290,787
    Principal paid
    $5,771
    Interest paid
    $19,106
    Starting balance
    $296,558
  • Year 9$284,629
    Principal paid
    $6,158
    Interest paid
    $18,720
    Starting balance
    $290,787
  • Year 10$278,059
    Principal paid
    $6,570
    Interest paid
    $18,307
    Starting balance
    $284,629
First 10 of 30 years

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

Listings courtesy of ACTRIS as distributed by MLS GRID.