1016 OTELLO WAY, HUTTO, TX 78634
HUTTO, 78634 — williamson County
Property at a Glance
This home is estimated between $316,750 and $552,386, with a best estimate of $422,618. That places the property above the H115421C - HIGHLANDS NORTH median of $422,468, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$422,618
$390,182
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in H115421C - HIGHLANDS NORTH, this home's estimated market value is between $316,750 and $552,386. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$142,684 for 681 sqft less living space. Net adjustment: -$142,684.
Adjusted +$100,780 for 481 sqft more living space. Net adjustment: +$100,780.
Adjusted +$86,532 for 413 sqft more living space. Net adjustment: +$86,532.
Adjusted -$50,495 for 241 sqft less living space. Net adjustment: -$50,495.
Adjusted +$61,809 for 295 sqft more living space. Net adjustment: +$61,809.
The Neighborhood
This home is valued 7.6% below the H115421C - HIGHLANDS NORTH median of $422,468. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
H115421C - HIGHLANDS NORTH
typicalThis home is -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,439 across all districts. With a homestead exemption claimed, that drops to $6,679 — saving $1,760 per year. That's $557 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% | $4,702 |
| Hutto | City | 0.3859% | $1,506 |
| Williamson County | County | 0.3694% | $1,442 |
| 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% | $8,439 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,618 would pay approximately $2,638 per month (principal and interest only, excluding taxes and insurance).