See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

122 Heritage Forest Pkwy, Dripping Springs, TX, 78620

4beds
3baths
2,195sqft
$399,990
$182price/sqft
$2,896/moest. monthly cost
$115,840/yrincome needed

About This Home

The Catarina is a versatile two-story home that combines open-concept living with flexible spaces designed to grow with your needs. The welcoming foyer opens into a bright, open layout where the kitchen, dining room, and family room connect seamlessly—ideal for everyday living and entertaining. The kitchen features a spacious island and ample counter space, while a nearby powder room adds convenience. An attached 2-car garage offers easy access to the home. For added flexibility, the first floor includes an upgraded fourth bedroom with a third full bath, making it perfect for guests or multi-generational living. Outdoor living is enhanced with a covered patio. Upstairs, the owner's suite serves as a private retreat with a spacious bedroom, walk-in closet, and en-suite bath. Homeowners can personalize the space with a Deluxe Owner's Bath or add a private water closet for extra comfort. Two additional bedrooms, a shared full bath, and a centrally located laundry room provide everyday convenience. A versatile loft offers the perfect spot for a second living area, home office, or playroom. With its thoughtful layout and flexible design options, the Catarina makes it easy to create a home that fits your lifestyle—today and for years to come.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
7/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition, Shingle

Other

  • Builder name: M/I Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 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,Gas Water Heater,Tankless Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),High Ceilings,Vaulted Ceiling(s),Double Vanity,Electric Dryer Hookup,High Speed Internet,Interior Steps,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Smart Thermostat,Soaking Tub,Walk-In Closet(s),Wired for Data,Wired for Sound
  • Window features: Blinds,Double Pane Windows,ENERGY STAR Qualified Windows,Insulated Windows,Low Emissivity Windows,Screens,Vinyl Windows
  • Flooring: Carpet,Tile,Vinyl

Heating & Cooling

  • Heating features: Central,ENERGY STAR Qualified Equipment,Natural Gas,Zoned
  • Cooling features: Central Air,Dual,Electric,ENERGY STAR Qualified Equipment,Zoned

Interior Area

  • Total interior livable area: 2,195 sqft

Kitchen

  • Features: Pantry
  • Level: Main

Primary Bathroom

  • Features: Double Vanity
  • Level: Second

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 122heritageforest
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Rear Porch
  • Exterior features: Lighting,No Exterior Steps,Pest Tubes in Walls,Private Yard
  • Fencing: Back Yard, Fenced, Full, Gate, Privacy, Wood
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: None

Lot

  • Lot size: 4,660 sqft
  • Features: Back Yard,Close to Clubhouse,Front Yard,Landscaped,Sprinkler - Automatic,Sprinkler - Back Yard,Sprinklers In Front,Sprinkler - In-ground,Sprinkler - Rain Sensor,Sprinkler - Side Yard,Trees-Small (Under 20 Ft),Views
  • Lot size dimensions: 35 x 134

Parking

  • Total spaces: 2
  • Parking features: Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$167$2,004
Property Taxes $466$5,592
Electricity $241$2,892
Total$2,896$34,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,291/yr
40% on housing$86,880/yr
45% on housing$77,226/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 78620$523
Hays County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 78620$246
Hays County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$419,990
2026-03-03Price change$444,990
2026-01-29Listed for sale$449,990

New Construction Spec

AgentPatrick Easter
BrokerageM/I Homes Realty

Similar Homes