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ActiveMLS #8377145

466 Bishop Wood RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

4Bedrooms
2Bathrooms
1,903Square Ft
0.13Acres
2Garage
2026Year Built
Price Reduced
1 / 24
$449,990$534,990

Overview

Property Description

The Highland Plan- perfect for anyone who enjoys a spacious, open concept single story home. This home features 4 bedrooms. Pass through the foyer and past three secondary bedrooms and a full bath before arriving at the heart of the home—the open-concept kitchen, featuring a large center island and stainless steel gas appliances. This home is thoughtfully designed with 8-foot doors, 10-foot ceilings, and 5-inch baseboards, creating a modern and elevated feel throughout. Structural upgrades include a bay window in the owner's suite and an extended covered patio complete with a gas line, perfect for outdoor cooking and entertaining. *Please note that all interior photos are representative of the Highland home plan*

Financial Info
Price
$449,990
$ / Sqft
$236
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Maintenance Grounds
Tax Rate
1.86%
Est. Taxes
$11,616
Tax Year
2026
Exemptions
None
Legal Info
Address
466 Bishop Wood RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS BLOCK U, Lot 22
Parcel
R212059
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 Range, Microwave, Gas Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
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), 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
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2026 / New
Square Feet
1,903 / 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
0.13
Lot Description
Back Yard, Front Yard, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Rain Sensor, Sprinkler - Side Yard, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Neighborhood
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, 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

  • Primary Bedroom

    Walk-In Closet(s)

  • Kitchen

    Pantry

Price history

Members only
Days on market
−$85,000 (−15.9%)
$534,990 → $449,990
2
Price reductions
Active
Since Aug 13, 2026
Price trend
List priceAug 2026Sep 2026
Property history3 events
DateEventPriceChange
Sep 14, 2026Price Decrease$449,990−$45,000 (−9.1%)
Aug 26, 2026Price Decrease$494,990−$40,000 (−7.5%)
Aug 13, 2026New Listing

Taxes

General Information
Owner
M/I HOMES OF AUSTIN LLC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK U, Lot 22, ACRES 0.126
Geo ID
113812000U022004
Acreage
0.13
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$11,616
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 $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

$3,618 / mo

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

Estimated monthly payment $3,618

Principal & interest
$2,275
Property taxes
$968
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.