505 PALO BREA LOOP, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $285,929 and $510,647, with a best estimate of $470,066. That places the property above the H314423B - COVERED BRIDGE median of $420,515, in a neighborhood that appreciated 107.2% over the past year.
Estimated Value Range
$470,066
$464,947
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H314423B - COVERED BRIDGE, this home's estimated market value is between $285,929 and $510,647. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$71,401 for 264 sqft more living space and +$7,330 for being newer. Net adjustment: +$78,731.
Adjusted +$79,515 for 294 sqft more living space and +$7,330 for being newer. Net adjustment: +$86,845.
Adjusted +$30,021 for 111 sqft more living space and +$14,661 for being newer. Net adjustment: +$44,682.
Adjusted -$91,144 for 337 sqft less living space and +$7,330 for being newer. Net adjustment: -$83,814.
Adjusted +$7,302 for 27 sqft more living space. Net adjustment: +$7,302.
The Neighborhood
This home is valued 10.6% above the H314423B - COVERED BRIDGE median of $420,515. With 227 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 107.2% over the past year.
H314423B - COVERED BRIDGE
typicalThis home is +10.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,056 across all districts. With a homestead exemption claimed, that drops to $8,283 — saving $1,773 per year. That's $690 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% | $5,604 |
| Hutto | City | 0.3859% | $1,794 |
| Williamson County | County | 0.3694% | $1,718 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $465 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| EWC Higher Ed Center | special | 0.0409% | $190 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1628% | $10,056 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $470,066 would pay approximately $2,934 per month (principal and interest only, excluding taxes and insurance).