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Somerset Elevation C
Under construction
  • 3 bd
  • 2.5 ba
  • 1,950 sqft
Home inHeritagebyM/I HomesSomerset - Smart Series Plan

501 Bishop Wood Rd, Dripping Springs, TX 78620

$432,990

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  • Single-Family
  • Ready by June 2026
  • $222.05/sqft
  • $50/monthly HOA

Home description

Welcome to 501 Bishop Wood Road in Dripping Springs TX. This thoughtfully designed home offers a comfortable layout and a smart use of space, highlighted by an open living area that brings everyone together.

Key Features:

• 3 bedrooms with the owner's bedroom located upstairs

• 2 full bathrooms and a half bath

• Open concept main living area

• 1,950 square feet

• Stylish finishes and smart design details throughout

The inviting layout provides flowing main floor living spaces that make daily routines feel simple while supporting relaxed entertaining. The upstairs owner's bedroom gives a peaceful retreat away from the shared living areas.

Located in Dripping Springs this home sits near scenic parks and outdoor recreation while maintaining the calm natural character the area is known for. Residents enjoy open space and nearby conveniences that add ease to everyday living.

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May also be listed on the M/I Homes website

Information last verified by Jome: Yesterday at 5:19 AM (February 26, 2026)

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Estimated value based on Jome data, T&C apply

Home details

*Pricing and availability are subject to change.
Property status:
Under construction
Size:
1,950 sqft
Stories:
2
Beds:
3
Baths:
2
Half baths:
1
Garage spaces:
2
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:
June, 2026

Home features & finishes

Garage/Parking:
Garage
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Community details

Heritage

by M/I Homes, Dripping Springs, TX

from$359,990
  • 53 homes
  • 28 plans
  • 1,403 - 3,318 sqft

View Heritage details

Heritage

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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.
View M/I Homes builder profile >

Neighborhood

Home address

501 Bishop Wood Rd, Dripping Springs, TX 78620
City:
Dripping Springs
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 1.2 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

More homes in Dripping Springs Independent School District

Places of interest

Park
Barton Creek Greenbelt17.2 mi
Zilker Park19.8 mi
McKinney Falls State Park22.4 mi
Education
Austin Community College - South Austin Campus17.9 mi
Austin Community College - Hays Campus18.3 mi
Texas Health and Science University18.7 mi

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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