116 GROVES LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $289,251 and $349,218, with a best estimate of $326,741. That places the property below the H205217D - MAGER MEADOWS median of $332,914, in a neighborhood that declined 8.9% over the past year.
Estimated Value Range
$326,741
$318,502
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H205217D - MAGER MEADOWS, this home's estimated market value is between $289,251 and $349,218. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,397 for 215 sqft more living space. Net adjustment: +$39,397.
Adjusted -$49,659 for 271 sqft less living space. Net adjustment: -$49,659.
Adjusted +$39,397 for 215 sqft more living space. Net adjustment: +$39,397.
Adjusted -$48,010 for 262 sqft less living space. Net adjustment: -$48,010.
Adjusted +$1,466 for 8 sqft more living space. Net adjustment: +$1,466.
The Neighborhood
This home is valued 4.3% below the H205217D - MAGER MEADOWS median of $332,914. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
H205217D - MAGER MEADOWS
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,888 across all districts. With a homestead exemption claimed, that drops to $5,142 — saving $1,746 per year. That's $429 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% | $3,839 |
| Hutto | City | 0.3859% | $1,229 |
| Williamson County | County | 0.3694% | $1,177 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $319 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| EWC Higher Ed Center | special | 0.0409% | $130 |
| Lower Brushy Creek WCID | Water | 0.0169% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $6,888 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $326,741 would pay approximately $2,040 per month (principal and interest only, excluding taxes and insurance).