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$534,990

466 Bishop Wood RD, Dripping Springs, TX, 78620

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,903 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.13 / sqft
Year BuiltBuilt in 2026

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesBuilt In Oven, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Stainless Steel Appliances, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Lighting, No Exterior Steps, Private Yard, Rain Gutters

Building Information

Garage Spaces2

About this property

The Highland Plan- perfect for anyone who enjoys a spacious, open concept single story home. This home features 4 bedrooms. Pass through the foyer and past three secondary bedrooms and a full bath before arriving at the heart of the home—the open-concept kitchen, featuring a large center island and stainless steel gas appliances. This home is thoughtfully designed with 8-foot doors, 10-foot ceilings, and 5-inch baseboards, creating a modern and elevated feel throughout. Structural upgrades include a bay window in the owner's suite and an extended covered patio complete with a gas line, perfect for outdoor cooking and entertaining. *Please note that all interior photos are representative of the Highland home plan*

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Patrick Easter

M/I Homes Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$600/month
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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