505 LAKEMONT DR, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $220,321 and $395,665, with a best estimate of $253,277. That places the property below the H312398D - LAKESIDE ESTATES median of $300,663, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$253,277
$274,993
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H312398D - LAKESIDE ESTATES, this home's estimated market value is between $220,321 and $395,665. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$74,737 for 386 sqft less living space and -$768 for being older. Net adjustment: -$75,505.
Adjusted -$30,979 for 160 sqft less living space and -$1,536 for being older. Net adjustment: -$32,515.
Adjusted +$75,125 for 388 sqft more living space and -$1,536 for being older. Net adjustment: +$73,589.
Adjusted -$46,856 for 242 sqft less living space and -$1,536 for being older. Net adjustment: -$48,392.
Adjusted +$1,549 for 8 sqft more living space. Net adjustment: +$1,549.
The Neighborhood
This home is valued 8.5% below the H312398D - LAKESIDE ESTATES median of $300,663. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
H312398D - LAKESIDE ESTATES
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,947 across all districts. With a homestead exemption claimed, that drops to $4,209 — saving $1,738 per year. That's $351 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% | $3,314 |
| Hutto | City | 0.3859% | $1,061 |
| Williamson County | County | 0.3694% | $1,016 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $275 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| EWC Higher Ed Center | special | 0.0409% | $112 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1628% | $5,947 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $253,277 would pay approximately $1,581 per month (principal and interest only, excluding taxes and insurance).