185 Grayson Elm PASS, Dripping Springs, TX — photo 1
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Sale PendingUnder contract — not accepting offers

This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$454,990
5 beds4 baths2,716 sqft

185 Grayson Elm PASS, Dripping Springs TX 78620

MLS #238561579 · M/I Homes Realty · Patrick Easter

Residential
Built in 2026
40,123 sqft Lot
$168/sqft
HOA $600 / annually

About this home

This stunning 5 bed/ 4 bath home is a must see! The first floor features 2 bedrooms and 2 bathrooms on the main floor, and 3 bedrooms with 2 bathrooms upstairs. As you step inside, you are greeted by a spacious 2-story layout that exudes comfort and airiness. The heart of this home is the beautifully designed kitchen, a true chef's delight. With ample counter space, sleek cabinetry, and modern appliances, this kitchen is perfect for culinary adventures or casual dining. The open floorplan seamlessly connects the kitchen to the living area, creating an ideal space for entertaining guests or relaxing with family. Abundant natural light floods the home, adding warmth and charm to every corner. All doors on the first floor have been upgraded to 8ft. This home is walkable to the neighborhood pocket park and the pool! Contact us today to learn more about the Balitmore plan!

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2026
Full baths
4
Lot size
40x123
Subdivision
Heritage
MLS area
HD
MLS #
238561579

Features

Interior features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Double Vanity
  • Electric Dryer Hookup
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Walk-In Closet(s)
  • Wired for Data

Exterior features

  • Gutters Partial
  • Lighting
  • No Exterior Steps
  • Pest Tubes in Walls
  • Private Yard

Additional details

Parking
Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage spaces
2
Roof
Composition, Shingle
Foundation
Slab
HOA
$600 / annually

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Schools

Assigned schools per the MLS.

School district
Dripping Springs ISD
Elementary
Dripping Springs
Middle
Dripping Springs Middle
High
Dripping Springs

See Dripping Springs ISD schools & boundaries →

Market insights

Compared with 448 active homes in ZIP 78620 · HomeLocating listings

Area median price
$699,000
This home vs. median
35% below
Homes with a price cut
41%

At $454,990, this home is priced 35% below the $699,000 median across 448 active homes in ZIP 78620, including other homes in Heritage.

Estimated monthly payment

$3,261/mo
Principal & interest$2,301/mo
Property taxes (est.)
Home insurance (est.)
HOA dues

Home price

$454,990

Down payment

20% ($90,998)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of M/I Homes Realty · Patrick Easter

Listing data last updated Aug 17, 2026, 5:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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