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$369,990
last listed501 Bishop Wood Rd, Dripping Springs, TX 78620
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3 bed, 2 bath, 1,950 sqft on 0.11 acres in Dripping Springs. Dripping Springs, TX 78620. Last listed at $369,990, sold September 24, 2026. Dripping Springs ISD.
About This Home
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.
- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.11 acres
- Price / Sq Ft
- $190
- HOA
- $600/year
- Garage
- 2 spaces
Listing information last updated September 1, 2026.
Listed by M/I Homes Realty
MLS# 3926559 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling-High
- Double Vanity
- High Speed Internet
- Interior Steps
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Walk-In Closet(s)
- Wired for Data
- Wired for Sound
- 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
- Water Heater
- Tankless Water Heater
- Carpet
- Tile
- Vinyl
- Heating
- Central,ENERGY STAR Qualified Equipment,Natural Gas,Zoned
- Cooling
- Central Air,Dual,Electric,ENERGY STAR Qualified Equipment,Zoned
Exterior & Lot
- Lighting
- No Exterior Steps
- Pest Tubes in Walls
- Private Yard
- Brick
- Hardi
- Plank Type
- Blown-In Insulation
- Cement Siding
- Stone
- Back Yard
- Close to Clubhouse
- Front Yard
- Landscaped
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Sprinkler - Rain Sensor
- Sprinklers On Side
- Trees-Small (Under 20 Ft)
- Views
- Back Yard
- Fenced
- Full
- Gate
- Privacy
- Wood
- Slab
- Covered
- Front Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.11 Acres
- Concrete
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 2
Financial
- HOA Fee
- $600 / year
- Original List Price
- $429,990
- Price per Sq Ft
- $190
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Sewer Available
- Underground Utilities
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 501 Bishop Wood RD, whoever represented it.
- SoldSeptember 24, 2026MLS 3926559
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $369,990
- Original list
- $429,990
- Price movement
- $60K reduction
- Listed / DOM
- Apr 13, 2026
Virtual Tour
Zoned Schools & District Context
Dripping Springs
Dripping Springs Middle
Rooster Springs Elementary
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($74K)
Adjustable assumption - not a lending recommendation.
$369,990
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$369,990
Price per sqft
$190/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$60K reduction
$430K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Sep 25, 2026.
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