About This Home

Cozy 3-bedroom, 2-bath home in growing Hutto! Featuring a functional and open layout, this home offers plenty of natural light throughout. Upon entering, a long hallway leads past a full bathroom and two secondary bedrooms, both with walk-in closets. The home opens into the kitchen, dining, and living areas, creating a bright central gathering space. The primary bedroom features an en-suite bathroom and walk-in closet. Step outside to enjoy the large backyard and covered patio. Several costly updates and repairs have been completed in recent years, including the roof, windows, HVAC, water heater, plumbing repairs, and more. This home is ready for its next owners to make it their own and enjoy all that the community has to offer!

At $161/sqft, this home is 13% below the Hutto active market average of $185/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

229 Phillips St, Hutto, TX 78634

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Property Details

Price $235,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,464 sqft

Lot Size 0.18 acres (7,797.24 sqft)

Year Built 2005

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sec Hutto Parke 04

County Williamson

Zip Code 78634

$/sqft $161/sqft

Days on Market ,

HOA $380/Annually

Annual Tax Est. $6,311

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246382890

List Date September 10, 2026

Elementary School Cottonwood Creek

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 10, 2026 $250,000

Current ask $235,000

▼ Reduced $15,000 (-6.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

107 Gray Fox Loop
WILCO RANCH PH 2 SEC 1 $239,999 $171 3 bd / 2 ba 1,401 sqft , 2026-03-11

407 Saul St
Sec Hutto Parke 06 $240,000 $129 4 bd / 2 ba 1,864 sqft , 2026-09-18

99 Mager Ln #C
Pinnelli-Mayberry Sub $229,900 $227 3 bd / 2 ba 1,014 sqft , 2026-04-30

99 Mager Ln #D
PINNELLI-MAYBERRY $244,900 $214 3 bd / 3 ba 1,142 sqft , 2026-04-30

121 Wegstrom St
Hutto Parke $220,000 $113 3 bd / 3 ba 1,945 sqft , 2026-07-13

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

$1,128/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

$47,000

20% conventional investment loan

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

Estimated Gross Rent+$1,128

Principal + Interest−$1,282

Property Tax (~2.1% TX avg)−$411

Insurance (~0.5%)−$98

Est. Monthly Cash Flow $-663

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 September 28, 2026.

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

229 Phillips St