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515 Bishop Wood Rd 6382380Edit search
PendingMLS #6382380

515 Bishop Wood RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

4Bedrooms
2 full / 1 halfBathrooms
2,289Square Ft
0.10Acres
2Garage
2026Year Built
1 / 20
$399,990$404,990

Overview

Property Description

The Abernathy 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 office area with a powder bath, making it perfect space for working from home. 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 a stand up shower, and a beautiful soaking tub in the primary bathroom.

Financial Info
Price
$399,990
$ / Sqft
$175
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Maintenance Grounds
Tax Rate
1.86%
Est. Taxes
$10,930
Tax Year
2026
Exemptions
None
Legal Info
Address
515 Bishop Wood RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS BLOCK T, Lot 16
Parcel
R212008
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, Upper Level
Master Main
No
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Electric Dryer Hookup, High Speed Internet, Interior Steps, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Soaking Tub, 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 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
2,289 / 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
0.10
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
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
Lighting, No Exterior Steps, Pest Tubes in Walls, Private Yard, Covered
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

    Ceiling Fan(s)

Price history

Members only
Days on market
−$5,000 (−1.2%)
$404,990 → $399,990
1
Price reduction
Pending
Since Jul 28, 2026
Price trend
List priceJul 2026 → Aug 2026
Property history3 events
DateEventPriceChange
Aug 21, 2026Pending
Aug 11, 2026Price Decrease$399,990−$5,000 (−1.2%)
Jul 28, 2026New Listing

Taxes

General Information
Owner
M/I HOMES OF AUSTIN LLC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK T, Lot 16, ACRES 0.106
Geo ID
113812000T016004
Acreage
0.11
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$10,930
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 $399,990
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

$3,267 / mo

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

Estimated monthly payment $3,267

Principal & interest
$2,023
Property taxes
$911
Homeowners insurance
$333

*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$319,992$3,577$20,694$316,415
2$316,415$3,816$20,455$312,599
3$312,599$4,072$20,199$308,527
4$308,527$4,344$19,926$304,183
5$304,183$4,635$19,635$299,548
6$299,548$4,946$19,325$294,602
7$294,602$5,277$18,994$289,325
8$289,325$5,630$18,640$283,694
9$283,694$6,008$18,263$277,687
10$277,687$6,410$17,861$271,277
  • Year 1$316,415
    Principal paid
    $3,577
    Interest paid
    $20,694
    Starting balance
    $319,992
  • Year 2$312,599
    Principal paid
    $3,816
    Interest paid
    $20,455
    Starting balance
    $316,415
  • Year 3$308,527
    Principal paid
    $4,072
    Interest paid
    $20,199
    Starting balance
    $312,599
  • Year 4$304,183
    Principal paid
    $4,344
    Interest paid
    $19,926
    Starting balance
    $308,527
  • Year 5$299,548
    Principal paid
    $4,635
    Interest paid
    $19,635
    Starting balance
    $304,183
  • Year 6$294,602
    Principal paid
    $4,946
    Interest paid
    $19,325
    Starting balance
    $299,548
  • Year 7$289,325
    Principal paid
    $5,277
    Interest paid
    $18,994
    Starting balance
    $294,602
  • Year 8$283,694
    Principal paid
    $5,630
    Interest paid
    $18,640
    Starting balance
    $289,325
  • Year 9$277,687
    Principal paid
    $6,008
    Interest paid
    $18,263
    Starting balance
    $283,694
  • Year 10$271,277
    Principal paid
    $6,410
    Interest paid
    $17,861
    Starting balance
    $277,687
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.