502 PALO BREA LOOP, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $390,700 and $577,709, with a best estimate of $468,604. That places the property above the H314423B - COVERED BRIDGE median of $420,515, in a neighborhood that appreciated 107.2% over the past year.
Estimated Value Range
$468,604
$460,856
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H314423B - COVERED BRIDGE, this home's estimated market value is between $390,700 and $577,709. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$1,893 for 7 sqft less living space and +$14,661 for being newer. Net adjustment: +$12,768.
Adjusted +$16,498 for 61 sqft more living space and +$7,330 for being newer. Net adjustment: +$23,828.
Adjusted +$114,945 for 425 sqft more living space. Net adjustment: +$114,945.
Adjusted +$4,598 for 17 sqft more living space and +$7,330 for being newer. Net adjustment: +$11,928.
Adjusted -$270 for 1 sqft less living space and +$7,330 for being newer. Net adjustment: +$7,060.
The Neighborhood
This home is valued 9.6% above the H314423B - COVERED BRIDGE median of $420,515. With 227 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 107.2% over the past year.
H314423B - COVERED BRIDGE
typicalThis home is +9.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,967 across all districts. With a homestead exemption claimed, that drops to $8,195 — saving $1,772 per year. That's $683 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% | $5,554 |
| Hutto | City | 0.3859% | $1,779 |
| Williamson County | County | 0.3694% | $1,703 |
| Williamson County ESD #3 - Hutto | ESD | 0.1000% | $461 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| EWC Higher Ed Center | special | 0.0409% | $188 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1628% | $9,967 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,604 would pay approximately $2,925 per month (principal and interest only, excluding taxes and insurance).