505 MARKLAWN LN, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $532,453 and $1,110,246, with a best estimate of $641,078. 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
$641,078
$389,757
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 $532,453 and $1,110,246 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$2,001 for 11 sqft less living space and +$18,615 for being newer. Net adjustment: +$16,614.
Adjusted +$3,637 for 20 sqft more living space and +$14,892 for being newer. Net adjustment: +$18,529.
Adjusted +$15,641 for 86 sqft more living space and +$18,615 for being newer. Net adjustment: +$34,256.
Adjusted -$65,474 for 360 sqft less living space and +$7,446 for being newer. Net adjustment: -$58,028.
Adjusted -$43,286 for 238 sqft less living space and +$16,753 for being newer. Net adjustment: -$26,533.
The Neighborhood
This home is valued 9.3% 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 +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,429 across all districts. With a homestead exemption claimed, that drops to $6,670 — saving $1,759 per year. That's $556 per month a buyer should budget. The assessed value increased -0.4% vs the subdivision average of -7.1%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Hutto ISD | School | 1.2052% | $4,697 |
| Hutto | City | 0.3859% | $1,504 |
| Williamson County | County | 0.3694% | $1,440 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| EWC Higher Ed Center | special | 0.0409% | $159 |
| Lower Brushy Creek WCID | Water | 0.0169% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1627% | $8,429 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $641,078 would pay approximately $4,002 per month (principal and interest only, excluding taxes and insurance).