503 MARKLAWN LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $393,667 and $1,136,550, with a best estimate of $569,239. 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
$569,239
$334,244
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 $393,667 and $1,136,550 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$15,823 for 87 sqft more living space and +$3,723 for being newer. Net adjustment: +$19,546.
Adjusted -$56,199 for 309 sqft less living space and +$18,615 for being newer. Net adjustment: -$37,584.
Adjusted -$68,202 for 375 sqft less living space and +$14,892 for being newer. Net adjustment: -$53,310.
Adjusted -$26,008 for 143 sqft less living space and +$33,507 for being newer. Net adjustment: +$7,499.
Adjusted -$40,921 for 225 sqft less living space and +$33,507 for being newer and +$60,193 for having a garage. Net adjustment: +$52,779.
The Neighborhood
This home is valued 6.3% 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 -6.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,229 across all districts. With a homestead exemption claimed, that drops to $5,480 — saving $1,749 per year. That's $457 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% | $4,028 |
| Hutto | City | 0.3859% | $1,290 |
| Williamson County | County | 0.3694% | $1,235 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| EWC Higher Ed Center | special | 0.0409% | $137 |
| Lower Brushy Creek WCID | Water | 0.0169% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $7,229 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $569,239 would pay approximately $3,553 per month (principal and interest only, excluding taxes and insurance).