Skip main navigation

360 Big Banyan Drive (Balcones II)

Under Construction

Dripping Springs, TX 78620

Home by M/I Homes

at Heritage

M/I Homes Logo

Last updated 02/13/2026

from
$654,990 What does this Price Range mean?

The Price Range displayed reflects the base price of the homes built in this community.

You get to select from the many different types of homes built by this Builder and personalize your New Home with options and upgrades.
  • 5 BR

  • 4 BA

  • 2 GR

  • 3,221 SQ FT

Special offers

Explore the latest promotions at Heritage. Contact M/I Homes to learn more!

HOT DEAL

Limited-Time Offer: 3.99% Rate* / 5.316% APR* with a 7/6 ARM Fixed for 7 Years*

Make your dream of homeownership a reality. Discover how you could lock in an incredible 3.99% Rate* / 5.316% APR* with a 7/6 ARM Fixed for 7 Years* offered through M/I Financial, LLC—an exclusive, limited-time opportunity!

HOT DEAL

2% in Closing costs + 4.875% Rate* / 4.976% APR* with a 30 Year Fixed Conventional Loan

The New Year brings fresh possibilities and even better opportunities to lock in below market rates on a 30 Year Conventional loan through the use of M/I Financial LLC. From lower payments with great rates to exclusive savings on select homes, tur...

HOT DEAL

2% in Closing costs + 4.875% Rate* / 5.682% APR* with a 30 Year Fixed FHA Loan

The New Year brings fresh possibilities and even better opportunities to lock in below market rates on a 30 Year FHA Loan through M/I Financial LLC.

Overview

  • 2 Stories

  • Primary Bed Downstairs

  • Single Family

360 Big Banyan Drive (Balcones II) Home Info

Built by M/I Homes, this stunning new construction home offers 3,221 square feet of thoughtfully designed living space in the desirable Dripping Springs area. Key Features: 5 spacious bedrooms providing ample space for family and guests 4 full bathrooms throughout the home Open-concept living space perfect for entertaining and daily life Owner's bedroom suite located downstairs The open-concept design creates seamless flow between living areas, making this home ideal for both relaxation and hosting gatherings. Each of the 5 bedrooms offers comfortable accommodations, while the 4 bathrooms ensure convenience for the entire household. Located in Dripping Springs, this home provides access to excellent parks and recreational opportunities in the surrounding area. The community offers a welcoming atmosphere with quality design standards maintained throughout. This new construction home represents an opportunity to own a beautiful, move-in-ready residence with contemporary features and finishes. The thoughtful floorplan maximizes both privacy and shared living spaces, creating the perfect balance for modern family life. Experience the benefits of new construction quality and craftsmanship in this well-designed home that combines comfort, functionality, and style in one exceptional package. Contact us today to learn more!

Floor plan center

View floor plan details for this property.

  • Floor Plans
  • Exterior Images
  • Interior Images
  • Other Media

Neighborhood

Community map

Community location & sales center

888-355-9459

Please enter a valid location or select an item from the list.
Driving directions to sales center

Schools near Heritage

  • Dripping Springs Independent School District

Actual schools may vary. Contact the builder for more information.

Amenities

M/I Homes is proud to welcome you to Heritage, located in Dripping Springs, Texas. Heritage is located off of Ranch Road 12, near Old Fitzhugh Road—less than 1 mile north of Highway 290. Discover Your Dream Lifestyle at HeritageCentrally located within the growing city of Dripping Springs, you will find this new master-planned community. When complete, the community will feature nearly 600 homes on a variety of homesite sizes, making for a picturesque neighborhood you will be proud to call home. Numerous amenities are now open at Heritage! Residents can experience a variety of perks, such as: , An amenity center , A swimming pool , Playgrounds , Ponds , Pocket parks , Pickleball Courts , Planned Amenity: Walking trail on Mercer StreetAbout Our New Homes for Sale in Dripping SpringsHeritage will offer homes from 4 distinct Series of single family homes. With multiple floorplans and options within each Series, you are sure to find a home that fits you and your family's unique needs. The Central Series features 4 single-story floorplans and 5 2-story floorplans on 40ft-wide homesites. These homes range in size from 1,485–2,750 square feet and come standard with 3–5 bedrooms. We have also streamlined the buying process by offering simplified design options for the Central series curated by our Design Studio team. All plans come with a long list of included features and options. Our Capital Series of homes will range from 1,402–2,385 square feet on 45-foot-wide homesites and offer 2–4 bedrooms, covered back patios, 2-car garages, and 10-foot first-floor ceilings. All plans come with a long list of included features and options. Our Signature Series II homes will range in size from 1,644–3,318 square feet on 50-foot-wide homesites and include 3–4 bedrooms, 2–4 bathrooms, and game rooms for 2-story plans. Most plans include a study or den, and all have covered back patios an... More info about Heritage

Home details

Now building

This home is currently under construction at 360 Big Banyan Drive and will soon be available for move-in at Heritage. Contact M/I Homes today to lock in your options!

Community & neighborhood

Local points of interest

  • Jester King Brewery
  • Deep Eddy Tasting Room
  • Dripping Springs Farmers Market
  • Tillies
  • Austin Zoo
  • Pedernales Falls State Park
  • Hamilton Pool & Nature Preserve
  • Salt Lick BBQ
  • Pond

Health and fitness

  • Pool
  • Trails

Community services & perks

  • HOA fees: Unknown, please contact the builder
  • Playground
  • Park
  • Community Center

Builder details

M/I Homes

M/I Homes Logo

M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of more than 170,000 homeowners, and grown to become one of the nation’s leading homebuilders.

Get more details

Your free brochure has been sent via email

Request a tour

Home location

360 Big Banyan Drive, Dripping Springs, TX 78620

Map
Community location & sales center
Balcones II

Heritage
M/I Homes
1403 North Roger Hanks Parkway, Dripping Springs, TX 78620

888-355-9459

Sales Agent

Valerie Escobedo

Hours

Mon-Sat 10am-6pm; Sun 12pm-6pm

In-person tour
Meet with a knowledgeable representative on-site for a guided home tour.

Remote tour
Hop on a video call with a representative to take a virtual walkthrough of this home.

Please be aware the current conditions may impact hours of operation.