1021 OTELLO WAY, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $254,941 and $490,577, with a best estimate of $345,596. That places the property below the H115421C - HIGHLANDS NORTH median of $422,468, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$345,596
$360,809
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H115421C - HIGHLANDS NORTH, this home's estimated market value is between $254,941 and $490,577. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$204,493 for 976 sqft less living space. Net adjustment: -$204,493.
Adjusted +$38,971 for 186 sqft more living space. Net adjustment: +$38,971.
Adjusted +$24,724 for 118 sqft more living space. Net adjustment: +$24,724.
Adjusted -$51,752 for 247 sqft less living space. Net adjustment: -$51,752.
Adjusted -$120,894 for 577 sqft less living space. Net adjustment: -$120,894.
The Neighborhood
This home is valued 14.6% below the H115421C - HIGHLANDS NORTH median of $422,468. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
H115421C - HIGHLANDS NORTH
typicalThis home is -14.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,803 across all districts. With a homestead exemption claimed, that drops to $6,049 — saving $1,754 per year. That's $504 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Hutto ISD | School | 1.2052% | $4,348 |
| Hutto | City | 0.3859% | $1,392 |
| Williamson County | County | 0.3694% | $1,333 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $361 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| EWC Higher Ed Center | special | 0.0409% | $147 |
| Lower Brushy Creek WCID | Water | 0.0169% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $7,803 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $345,596 would pay approximately $2,157 per month (principal and interest only, excluding taxes and insurance).