500 MARKLAWN LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $322,512 and $967,251, with a best estimate of $498,083. 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
$498,083
$314,856
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 $322,512 and $967,251 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$53,470 for 294 sqft less living space and +$1,861 for being newer. Net adjustment: -$51,609.
Adjusted -$33,465 for 184 sqft less living space and -$7,446 for being older. Net adjustment: -$40,911.
Adjusted -$137,496 for 756 sqft less living space and +$13,030 for being newer. Net adjustment: -$124,466.
Adjusted -$125,492 for 690 sqft less living space and +$16,753 for being newer. Net adjustment: -$108,739.
Adjusted -$95,301 for 524 sqft less living space and +$31,645 for being newer. Net adjustment: -$63,656.
The Neighborhood
This home is valued 11.7% below the H115406G - HUTTO HIGHLANDS median of $356,577. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
H115406G - HUTTO HIGHLANDS
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,809 across all districts. With a homestead exemption claimed, that drops to $5,064 — saving $1,745 per year. That's $422 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% | $3,795 |
| Hutto | City | 0.3859% | $1,215 |
| Williamson County | County | 0.3694% | $1,163 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| EWC Higher Ed Center | special | 0.0409% | $129 |
| Lower Brushy Creek WCID | Water | 0.0169% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $6,809 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,083 would pay approximately $3,109 per month (principal and interest only, excluding taxes and insurance).