PendingMLS #1774347
507 Bishop Wood RD, Dripping Springs TX 78620
Dripping Springs, TX 78620 · Heritage
Single Family Residence for sale in Heritage
$366,990
$349,990
3Bedrooms
0Bathrooms
1,403Square Ft
0.12Acres
2Garage
2026Year Built
1 / 9
$349,990$366,990
Overview
Property Description
Step into the Oakwood, a beautifully crafted single-story home that combines convenience and style in 1,444 sq. ft. of living space. With 3 bedrooms, 2 baths, and a 2-car garage, this plan is perfect for those who love the ease of one-level living. The open-concept layout begins with a welcoming Family Room (13'-0" x 16'-0") that flows into the Dining Room (11'-0" x 8'-0"), creating an inviting space for family meals or entertaining guests. At the heart of the home, the Kitchen features a central island and plenty of counter space for cooking and casual dining. A convenient Laundry Room is located near the garage entry for everyday functionality. The Owner’s Suite (16'-0" x 12'-0") offers a private retreat with a spacious walk-in closet and a luxurious bath featuring optional dual sinks, a spacious shower and a separate garden tub to relax in. Two additional bedrooms—Bedroom 2 (10'-0" x 10'-0") and Bedroom 3 (10'-0" x 10'-0")—share a full bath, making them ideal for family, guests, or a home office.
Financial Info
- Price
- $349,990
- $ / Sqft
- $249
- HOA
- Yes - Mandatory / $600 / Annually
- HOA Name
- Heritage
- HOA Includes
- Maintenance Grounds
- Tax Rate
- 1.86%
- Est. Taxes
- $9,514
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 507 Bishop Wood RD
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- Heritage
- Legal Description
- HERITAGE DRIPPING SPRINGS BLOCK T, Lot 17
- Parcel
- R212009
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
- In Hall, Laundry Room
- Master Bed
- Double Vanity, Primary Bedroom on Main, 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, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, 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 Main Level
- Full / Half Baths
- 0 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2026 / New
- Square Feet
- 1,403 / 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
- 0.12
- Lot Description
- Back Yard, Close to Clubhouse, Corner Lot, 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
- Primary Bedroom
Walk-In Closet(s)
- Primary Bathroom
Dual Vanity
Price history
Days on market
−$17,000 (−4.6%)
$366,990 → $349,990
1
Price reduction
Pending
Since Oct 20, 2026
Price trend
List priceSep 2026 → Sep 2026
Property history3 events
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 20, 2026 | Pending | — | |
| Sep 22, 2026 | Price Decrease | $349,990−$17,000 (−4.6%) | −$17,000 (−4.6%) |
| Sep 17, 2026 | New 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 $349,990
Down paymentStays 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
$2,855 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,855
- Principal & interest
- $1,770
- Property taxes
- $793
- Homeowners insurance
- $292
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $279,992 | $3,130 | $18,107 | $276,862 | |
| 2 | $276,862 | $3,339 | $17,898 | $273,523 | |
| 3 | $273,523 | $3,563 | $17,674 | $269,961 | |
| 4 | $269,961 | $3,801 | $17,436 | $266,159 | |
| 5 | $266,159 | $4,056 | $17,181 | $262,103 | |
| 6 | $262,103 | $4,328 | $16,909 | $257,776 | |
| 7 | $257,776 | $4,617 | $16,619 | $253,158 | |
| 8 | $253,158 | $4,927 | $16,310 | $248,232 | |
| 9 | $248,232 | $5,257 | $15,980 | $242,975 | |
| 10 | $242,975 | $5,609 | $15,628 | $237,366 |
- Year 1$276,862
- Principal paid
- $3,130
- Interest paid
- $18,107
- Starting balance
- $279,992
- Year 2$273,523
- Principal paid
- $3,339
- Interest paid
- $17,898
- Starting balance
- $276,862
- Year 3$269,961
- Principal paid
- $3,563
- Interest paid
- $17,674
- Starting balance
- $273,523
- Year 4$266,159
- Principal paid
- $3,801
- Interest paid
- $17,436
- Starting balance
- $269,961
- Year 5$262,103
- Principal paid
- $4,056
- Interest paid
- $17,181
- Starting balance
- $266,159
- Year 6$257,776
- Principal paid
- $4,328
- Interest paid
- $16,909
- Starting balance
- $262,103
- Year 7$253,158
- Principal paid
- $4,617
- Interest paid
- $16,619
- Starting balance
- $257,776
- Year 8$248,232
- Principal paid
- $4,927
- Interest paid
- $16,310
- Starting balance
- $253,158
- Year 9$242,975
- Principal paid
- $5,257
- Interest paid
- $15,980
- Starting balance
- $248,232
- Year 10$237,366
- Principal paid
- $5,609
- Interest paid
- $15,628
- Starting balance
- $242,975
First 10 of 30 years
Nearby
12 closest listings to 507 Bishop Wood RD, Dripping Springs TX 78620 (within 2 miles).
Price Reduced
$359,990
$379,990MLS# 3914411Active
531 Bishop Wood RD, Dripping Springs TX 78620
Heritage
House0.10 acres
3 beds2 full / 1 half baths1,950 sqft
Price Reduced
$359,990
$369,990MLS# 6663062Active
471 Bishop Wood RD, Dripping Springs TX 78620
Heritage
House0.12 acres
3 beds2 full / 1 half baths1,950 sqft
Price Reduced
$389,990
$404,990MLS# 9288963Active
523 Bishop Wood RD, Dripping Springs TX 78620
Heritage
House0.10 acres
4 beds3 baths2,195 sqft
Price Reduced
$394,990
$414,990MLS# 6616184Active
459 Bishop Wood RD, Dripping Springs TX 78620
Heritage
House0.11 acres
4 beds2 full / 1 half baths2,289 sqft
$384,990
$444,990MLS# 4334297Pending
122 Heritage Forest PKWY, Dripping Springs TX 78620
Heritage
House0.11 acres
4 beds3 baths2,195 sqft
$634,990
MLS# 5999213Active
389 Kings Pine DR, Dripping Springs TX 78620
Heritage
House0.15 acres
6 beds4 baths3,365 sqft
Open Tomorrow 10am–6pmPrice Reduced
$369,990
$449,990MLS# 6602069Active
579 Bishop Wood RD, Dripping Springs TX 78620
Heritage
House0.10 acres
4 beds3 baths2,195 sqft
Price Reduced
$564,833
$574,833MLS# 1392202Active
531 Darley Oak Drive, Dripping Springs TX 78620
Heritage
House0.14 acres
5 beds3 baths2,903 sqft
$399,174
$438,174MLS# 9422153Active Under Contract
592 Darley Oak Drive, Dripping Springs TX 78620
Heritage
House0.11 acres
3 beds2 full / 1 half baths1,931 sqft
$494,509
MLS# 4678910Active
550 Darley Oak Drive, Dripping Springs TX 78620
Heritage
House0.14 acres
4 beds3 full / 1 half baths2,628 sqft
Courtesy of M/I Homes Realty · (512) 241-0848
Listings courtesy of ACTRIS as distributed by MLS GRID.