502 MARKLAWN LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $527,179 and $1,104,972, with a best estimate of $695,520. 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
$695,520
$387,747
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 $527,179 and $1,104,972 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,275 for 40 sqft less living space and +$18,615 for being newer. Net adjustment: +$11,340.
Adjusted -$1,637 for 9 sqft less living space and +$14,892 for being newer. Net adjustment: +$13,255.
Adjusted +$10,367 for 57 sqft more living space and +$18,615 for being newer. Net adjustment: +$28,982.
Adjusted -$70,748 for 389 sqft less living space and +$7,446 for being newer. Net adjustment: -$63,302.
Adjusted +$42,922 for 236 sqft more living space and +$9,307 for being newer. Net adjustment: +$52,229.
The Neighborhood
This home is valued 8.7% 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 +8.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,386 across all districts. With a homestead exemption claimed, that drops to $6,627 — saving $1,759 per year. That's $552 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% | $4,673 |
| Hutto | City | 0.3859% | $1,496 |
| Williamson County | County | 0.3694% | $1,433 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $388 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| EWC Higher Ed Center | special | 0.0409% | $158 |
| Lower Brushy Creek WCID | Water | 0.0169% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $8,386 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $695,520 would pay approximately $4,341 per month (principal and interest only, excluding taxes and insurance).