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Oakwood Elevation A
Under construction
  • 3 bd
  • 2 ba
  • 1,403 sqft
Home inHeritagebyM/I HomesOakwood - Smart Series Plan

507 Bishop Wood Rd, Dripping Springs, TX 78620

$376,990

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  • Single-Family
  • Ready by November 2026
  • $268.7/sqft
  • $50/monthly HOA

Home description

Welcome to 507 Bishop Wood Road, Dripping Springs, Texas — a new construction single-story home built by M/I Homes. This Quick Move-In home offers 1,403 square feet of thoughtfully designed living space with 3 bedrooms and 2 bathrooms.

Step inside to discover an open-concept living space that creates a seamless flow throughout the home. The quality of design is evident in every detail, from the well-proportioned rooms to the functional layout that maximizes comfort and everyday livability. The owner's bedroom features a private en-suite bathroom, providing a relaxing retreat at the end of the day.

Outside, a covered patio extends the living area and offers a perfect setting for relaxing or entertaining guests in any season.

Key Features:

  • New construction by M/I Homes

  • Single-story floorplan with 1,403 square feet

  • 3 bedrooms and 2 bathrooms

  • Open-concept living space

  • Owner's bedroom with private en-suite bathroom

  • Covered patio for outdoor enjoyment

  • Located in a well-established neighborhood with convenient proximity to parks

  • Quality design and construction throughout

This home delivers a well-crafted single-story living experience with a focus on quality design and practical comfort. The neighborhood setting provides easy access to nearby parks, making it ideal for those who enjoy outdoor recreation and a connected lifestyle. With its efficient floorplan and attractive features, this home is ready for its new owner.

May also be listed on the M/I Homes website

Information last verified by Jome: Today at 9:31 AM (August 21, 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:
1,403 sqft
Stories:
1
Beds:
3
Baths:
2
Garage spaces:
2
Oakwood - Smart Series image

Floor plan details

Oakwood - Smart Series

from$329,990
  • 3 bd
  • 2 ba
  • 1,403 sqft

View Oakwood - Smart Series details

Oakwood - Smart Series

Construction details

Builder Name:
M/I Homes
Completion Date:
November, 2026

Home features & finishes

Garage/Parking:
Garage
Rooms:
Primary Bedroom On MainPrimary Bedroom Downstairs
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Heritage image

Community details

Heritage

by M/I Homes, Dripping Springs, TX

from$329,990
  • 26 homes
  • 28 plans
  • 1,403 - 3,365 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

507 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

Bishop Wood Rd by M/I Homes is supported by the Dripping Springs Independent School District, giving residents access to a consistent school progression. Younger children enroll at Walnut Springs Elementary, a public school teaching Elementary grades and situated 1.1 mi from the community. Dripping Springs Middle (Middle grades) lies approximately 1.3 mi away. Their educational journey culminates at Dripping Springs High School, serving High grades within 0.6 mi and listing a rating of 7. This structure provides families with a clear local school pathway.
GreatSchools.org logo

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 Campus18.2 mi
Texas Health and Science University18.7 mi

Getting around

When considering a move to Bishop Wood Rd by M/I Homes, understanding travel options is important for lifestyle planning. Walking conditions are rated Car-Dependent with a Walk Score of 29, which helps define the balance between driving and walking. The Bike Score of 29 (Somewhat Bikeable) provides further context on recreational or functional cycling opportunities. This data helps outline commuting in and around Dripping Springs.
Walk score ®
29 /100
Car-Dependent
Bike score ®
29 /100
Somewhat Bikeable

Air quality

Noise level

Data regarding local noise conditions near Heritage by M/I Homes breaks down environmental sound into specific categories for a detailed view. The overall acoustic profile is rated as Calm, based on a Noise Score of Calm. Contributing elements include traffic noise, listed as Active, alongside local sources (Calm) and airport noise (Calm). This report offers a factual look at the area's soundscape.
83
50Calm100
Traffic noiseActive
Local sources noiseCalm
Airports noiseCalm

A Soundscore™ rating is a number between 50 (very loud) and 100 (very quiet) that tells you how loud a location is due to environmental noise.

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