About This Home

MLS# 5980933 - Built by Trophy Signature Homes - Sep 2026 completion! ~ The Amber II is a graceful design capturing the natural beauty of the gem it is named for. Invite them in to enjoy the comfort of your radiant living room. There's always room for one or two more friends at the dinner table. Surround yourself in the warmth of the well-designed kitchen and breakfast area. After dinner, relax on the covered patio and enjoy the tranquility. Fall asleep in your gorgeous primary suite, knowing today was a rewarding day!

At $211/sqft, this home is priced 12% above the Hutto active market average of $188/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

111 Melrose St, Hutto, TX 78634

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Property Details

Price $339,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,615 sqft

Lot Size 0.12 acres (5,401.44 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Prairie Winds

County Williamson

Zip Code 78634

$/sqft $211/sqft

Days on Market ,

HOA $55/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236835048

List Date June 18, 2026

Elementary School Hutto

Middle School Hutto

High School Hutto

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Hutto and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Hutto

Comparable Listings Right Now

Homes currently for sale in Hutto with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

137 Holmby Dr
Prairie Winds $340,000 $201 4 bd / 2 ba 1,688 sqft , 2026-07-22

216 Rock Daisy Trl
Flora $340,990 $216 3 bd / 2 ba 1,579 sqft , 2026-07-22

100 Rock Daisy Trl
Flora $337,990 $214 3 bd / 2 ba 1,579 sqft , 2026-07-22

129 Maple Hedge Rd
Flora $336,990 $159 4 bd / 3 ba 2,126 sqft , 2026-06-09

102 Malibu None
Prairie Winds $343,990 $200 3 bd / 2 ba 1,722 sqft , 2026-02-24

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,632/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$67,998

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,632

Principal + Interest−$1,855

Property Tax (~2.1% TX avg)−$595

Insurance (~0.5%)−$142

Est. Monthly Cash Flow $-960

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Hutto, TX

Hutto sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on June 29, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

111 Melrose St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Hutto, TX

More Luxury Homes in Hutto

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