1013 OTELLO WAY, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $284,416 and $429,397, with a best estimate of $321,562. 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
$321,562
$333,394
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 $284,416 and $429,397. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$22,209 for 106 sqft less living space. Net adjustment: -$22,209.
Adjusted -$36,457 for 174 sqft less living space. Net adjustment: -$36,457.
Adjusted -$61,180 for 292 sqft less living space. Net adjustment: -$61,180.
Adjusted -$182,074 for 869 sqft less living space. Net adjustment: -$182,074.
Adjusted -$38,342 for 183 sqft less living space. Net adjustment: -$38,342.
The Neighborhood
This home is valued 21.1% 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
below averageThis home is -21.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,210 across all districts. With a homestead exemption claimed, that drops to $5,462 — saving $1,748 per year. That's $455 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% | $4,018 |
| Hutto | City | 0.3859% | $1,287 |
| Williamson County | County | 0.3694% | $1,232 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| EWC Higher Ed Center | special | 0.0409% | $136 |
| Lower Brushy Creek WCID | Water | 0.0169% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $7,210 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $321,562 would pay approximately $2,007 per month (principal and interest only, excluding taxes and insurance).