Heritage · M/I Homes · Dripping Springs, TX
$509,990
$549,990 → $509,990
4 bd · 2.5 ba · 2,441 sqft · 2-car garage
Buyer leverage
Observed records, not appraisals or recommendations.

Builder image. May be a rendering or another home built to this plan.
Source: M/I HomesChecked 18 hours ago
Specification
Drawn by dwellmark.house from M/I Homes’s published area, storeys and garage bays, not copied from their floor plan. The outline, the 10ft × 20ft bay and the split between floors are ours.
Total cut $40,000 ↓ 7.3%
Current
$509,990
Since first observed
↓ $40,000
↓ 7.3%
Price changes
1
1 cut
Tracked
17 days
since Aug 16, 2026
First seen
$549,990
Price cut
$549,990→$509,990
−$40,000
What we observed on the builder’s public listing; earlier changes are not shown.
Price reduction
$43,500
Price reduction
Applies to this home
Reduced from $553,490 to $509,990.
Published with conditions; may not apply to this home.
Dated from when we observed each change, not when the builder made it.
Dripping Springs, TX · M/I Homes
Available now
22
of 27 offered here
Ready now
0
Cuts, 30 days
13
Median asking
$419,990
Median $/sqft
$196/sqft
this home $209/sqft
Medians of what is listed here today. Size, lot and finish vary, so a $/sqft gap is not evidence of over- or under-pricing.
Sorted by asking price. No winner is selected.
| Home | Asking | Sqft | $/sqft | Price change | Completion | Incentive |
|---|---|---|---|---|---|---|
| 507 Bishop Wood Road | $366,990 | 1,403 | $262/sqft | ↓ $10k | Builder says under construction · Nov 2026 | $10k |
| 162 Heritage Forest Parkway | $369,990 | 1,950 | $190/sqft | No net change | In progress | $56k |
| 547 Bishop Wood Road | $389,990 | 2,195 | $178/sqft | No net change | In progress | None found |
| 471 Bishop Wood Road | $393,990 | 1,950 | $202/sqft | ↓ $10k | Builder says under construction · Nov 2026 | $11k |
| 122 Heritage Forest Parkway | $394,990 | 2,195 | $180/sqft | No net change |
Builder says under construction · Nov 2026
$366,990
Not published
$369,990
Not published
$389,990
194 Norway Spruce Street

194 Norway Spruce Street
Heritage · M/I Homes
Available · Dripping Springs
$429,990
Last observed
No longer on the builder site
564 Darley Oak Drive

564 Darley Oak Drive
Heritage · M/I Homes
Available · Dripping Springs
$449,990
Last observed
No longer on the builder site
501 Bishop Wood Road

501 Bishop Wood Road
Heritage · M/I Homes
Available · Dripping Springs
$369,990
Last observed
No longer on the builder site
137 Bishop Wood Road

137 Bishop Wood Road
Heritage · M/I Homes
Available · Dripping Springs
$449,990
Current asking
184 Bishop Wood Road

184 Bishop Wood Road
Heritage · M/I Homes
Available · Dripping Springs
$504,990
Current asking
| In progress |
| $56k |
| 531 Bishop Wood Road | $394,990 | 1,950 | $203/sqft | No net change | Builder says under construction · Dec 2026 | None found |
| 280 Bishop Wood RoadThis home | $509,990 | 2,441 | $209/sqft | ↓ $40k | Builder says under construction · Nov 2026 | $44k |
Builder says under construction · Nov 2026
$393,990
Not published
$394,990
Builder says under construction · Dec 2026
$394,990
280 Bishop Wood Road
This home
$509,990