507 MARKLAWN LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $386,531 and $1,129,413, with a best estimate of $562,103. That places the property above the H115406G - HUTTO HIGHLANDS median of $356,577, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$562,103
$402,537
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in H115406G - HUTTO HIGHLANDS. The estimated range of $386,531 and $1,129,413 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$10,549 for 58 sqft more living space and +$1,861 for being newer. Net adjustment: +$12,410.
Adjusted -$61,473 for 338 sqft less living space and +$16,753 for being newer. Net adjustment: -$44,720.
Adjusted -$73,476 for 404 sqft less living space and +$13,030 for being newer. Net adjustment: -$60,446.
Adjusted -$31,282 for 172 sqft less living space and +$31,645 for being newer. Net adjustment: +$363.
Adjusted -$46,196 for 254 sqft less living space and +$31,645 for being newer and +$60,193 for having a garage. Net adjustment: +$45,642.
The Neighborhood
This home is valued 12.9% above the H115406G - HUTTO HIGHLANDS median of $356,577. With 827 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.1% over the past year.
H115406G - HUTTO HIGHLANDS
typicalThis home is +12.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,706 across all districts. With a homestead exemption claimed, that drops to $6,944 — saving $1,762 per year. That's $579 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% | $4,851 |
| Hutto | City | 0.3859% | $1,554 |
| Williamson County | County | 0.3694% | $1,487 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $403 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| EWC Higher Ed Center | special | 0.0409% | $165 |
| Lower Brushy Creek WCID | Water | 0.0169% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $8,706 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $562,103 would pay approximately $3,509 per month (principal and interest only, excluding taxes and insurance).