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Front exterior of a new home in Heritage, Dripping Springs, TX, highlighting curb appeal (Image 1).
Move-in ready
  • 3 bd
  • 2.5 ba
  • 1,950 sqft
Home inHeritagebyM/I HomesSomerset - Smart Series Plan

501 Bishop Wood Rd, Dripping Springs, TX 78620

$429,990

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  • Single-Family
  • Quick move-in
  • $220.51/sqft
  • $600/annual HOA

Home description

Step into the Somerset, a beautifully designed two-story home that blends open living spaces with private retreats. With 1,950 sq. ft., this plan offers 3 bedrooms, 2.5 baths, and a 2-car garage, making it perfect for modern lifestyles. The first floor welcomes you with an open-concept layout that maximizes space and natural light. A spacious Family Room (19'-0" x 17'-0") flows into the Dining Room (14'-0" x 13'-0"), creating the ideal setting for family meals or entertaining guests. At the heart of the home, the Kitchen features a central island and generous counter space—perfect for meal prep or casual gatherings. A convenient Powder Room and direct access to the 2-Car Garage complete the main level. Upstairs, the Somerset continues to impress with a luxurious Owner’s Suite (12'-0" x 16'-0") featuring a private bath with dual sinks, a walk-in shower, and a spacious walk-in closet. Two additional bedrooms—Bedroom 2 (12'-0" x 10'-0") and Bedroom 3 (12'-0" x 10'-0")—offer plenty of space for family or guests. A versatile Loft (11'-0" x 11'-0") provides room for a home office, play area, or cozy retreat, while the conveniently located Laundry Room adds everyday ease.

The Somerset is more than a home—it’s a lifestyle designed for comfort, flexibility, and style.

Listed by Patrick Easter, Sales@MIHomesRealty.com
M/I Homes Realty, MLS 3926559

May also be listed on the M/I Homes website

Information last verified by Jome: Today at 12:40 PM (April 15, 2026)

Home highlights

Close to Barton Creek Greenbelt
Map tag
Great location

Expansive Austin greenbelt with hiking, swimming holes, and limestone cliffs tucked amid Hill Country suburbs.

17.2 miles away
Park Nearby
Community Pool
Playground
Dog Park
Picnic Area
Sidewalks Available

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Estimated value based on Jome data, T&C apply

Home details

*Pricing and availability are subject to change.
Property status:
Move-in ready
Lot size (acres):
0.11
Size:
1,950 sqft
Stories:
2
Beds:
3
Baths:
2
Half baths:
1
Garage spaces:
2
Fence:
Wood Fence, Privacy Fence
Facing direction:
Southwest
Somerset - Smart Series image

Floor plan details

Somerset - Smart Series

from$389,990
  • 3 bd
  • 2.5 ba
  • 1,950 sqft

View Somerset - Smart Series details

Somerset - Smart Series

Construction details

Builder Name:
M/I Homes
Completion Date:
May, 2026
Year Built:
2026
Roof:
Composition Roofing, Shingle Roofing

Home features & finishes

Appliances:
Exhaust FanExhaust Fan Vented
Cooling:
Central Air
Flooring:
Vinyl FlooringCarpet FlooringTile Flooring
Foundation Details:
Slab
Garage/Parking:
Door OpenerGarageFront Entry Garage/Parking
Home amenities:
ENERGY STAR Certified
Interior Features:
Ceiling-HighWalk-In ClosetPantryBreakfast BarSound System WiringDouble Vanity
Kitchen:
DishwasherMicrowave OvenOvenDisposalStainless Steel AppliancesGas CooktopBuilt-In OvenSelf Cleaning OvenKitchen IslandGas OvenKitchen Range
Laundry facilities:
Dryer
Lighting:
Exterior LightingLighting
Property amenities:
BackyardSoaking TubYardPorch
Rooms:
Primary Bedroom On MainBreakfast AreaOpen Concept FloorplanPrimary Bedroom Downstairs
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Utility information

Heating:
Thermostat, Zoned Heating, Water Heater, Central Heating, Gas Heating, Tankless water heater
Sewer:
Public Sewer
Utilities:
Electricity Available, Natural Gas Available, Underground Utilities, Internet Cable, Cable Available, Sewer Available, Water Available, High Speed Internet Access
Water source:
Public
Heritage image

Community details

Heritage

by M/I Homes, Dripping Springs, TX

from$349,000
  • 45 homes
  • 28 plans
  • 1,403 - 3,318 sqft

View Heritage details

Heritage

Community amenities

  • Common Grounds
  • Dog Park
  • Playground
  • Community Pool
  • Park Nearby
  • Picnic Area
  • Cluster Mailbox
  • Sidewalks Available
  • Hill Country View
  • High Speed Internet Access

More homes in Heritage

Pricing and availability are subject to change.
Any
3+ beds
4+ beds
5+ beds
2+ baths
3+ baths
4+ baths

Floor plans in Heritage

Any
3+ beds
4+ beds
5+ beds
2+ baths
3+ baths
4+ baths

About the builder - M/I Homes

M/I Homes
With a legacy of building homes for nearly five decades, M/I Homes was founded on the principle of "treating the customer right." This commitment guides the company in constructing a diverse range of new construction homes, from single-family residences to townhomes. The builder's reputation is built on delivering a quality home and ensuring customer satisfaction throughout the building process.

Neighborhood

Home address

501 Bishop Wood Rd, Dripping Springs, TX 78620
County:
Hays
Zip Code:
78620
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Schools in Dripping Springs Independent School District

Students living in Bishop Wood Rd by M/I Homes follow a designated feeder pattern within the Dripping Springs Independent School District. The journey starts at Dripping Springs Elementary, serving Elementary grades just 1.1 mi from the neighborhood. From there, students advance to Dripping Springs Middle, a public campus for Middle grades located roughly 1.3 mi away. Education culminates at Dripping Springs High School, supporting High grades within 0.6 mi and holding a rating of 7. This progression outlines the academic options in Dripping Springs, Texas.
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GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025

Places of interest

Getting around

Local travel options for Bishop Wood Rd by M/I Homes are defined by specific mobility scores that impact daily life. The Walk Score stands at 29 (Car-Dependent), providing a baseline for foot travel. Biking capability is rated at 29 (Somewhat Bikeable). These details focus on getting around Dripping Springs, Texas.
Walk score ®
29 /100
Car-Dependent
Bike score ®
29 /100
Somewhat Bikeable

Air quality

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Listed by Patrick Easter, Sales@MIHomesRealty.com
M/I Homes Realty, MLS 3926559

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the period through 08/13/2024. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Last checked Apr 15, 12:40 pm

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