Active Listing  ·  24 days on market

316 Cassandra Dr

Hutto, TX 78634
$324,900
4 Bed 2 Bath 1,692 sqft $192/sqft Built 2018 0.15 acres 2-Car Garage Pool Riverwalk Ph 3 Sec 4

$0 DOWN FINANCING MAY BE AVAILABLE. Borrowers may qualify for the HOPE loan program: no down payment requirement, no mortgage insurance, no lender origination fees. Buyer qualification and program guidelines apply.

Four-bedroom one-story in Riverwalk, a Hutto community that is already finished. Two pools with a splash pad, walking trails, and Norman Elementary a six-minute walk inside the neighborhood. No build-out wait. No construction next door. Landscaping already grown in.

The kitchen opens to the dining and living areas under a vaulted ceiling: granite counters, stainless appliances, a large center island with breakfast bar, walk-in pantry. Luxury vinyl plank runs through every main living area. Primary suite has dual vanities and a walk-in closet. Three more bedrooms for guests, an office, or a hobby room.

Out back, a full-length covered patio built into the roofline. Two ceiling fans, recessed lighting, string lights, six exterior outlets, wiring for TV and speakers. The yard is deep, level and privacy-fenced, with Rachio smart irrigation and mature trees past the back fence.

Covered front porch. Two-car garage. Full gutters. Security system. HOA $35/mo. Hutto ISD. Minutes to SH-130 and US-79.

At $192/sqft, this home is priced in line with the Hutto market average of $188/sqft across 484 active listings. View Austin market report →

Location

316 Cassandra Dr, Hutto, TX 78634

Property Details

Price $324,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,692 sqft
Lot Size 0.15 acres (6,730.02 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverwalk Ph 3 Sec 4
County Williamson
Zip Code 78634
$/sqft $192/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $6,765.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240777307
List Date July 30, 2026
Elementary School Howard Norman
Middle School Gus Almquist
High School Hutto
School District ,

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.

Schedule a Call →

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 · July 30, 2026 $334,900
Current ask $324,900
Reduced $10,000 (-3.0%) 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
206 Killian Loop
Riverwalk Ph 01 Sec 02
$325,000 $182 3 bd / 3 ba 1,782 sqft , 2026-08-17
238 Saint Marys Dr
Lakeside Estates Sec 5
$320,000 $259 4 bd / 3 ba 1,235 sqft , 2025-09-08
706 Liard River Rd
Riverwalk Ph 3 Sec 3
$329,900 $163 4 bd / 2 ba 2,018 sqft , 2026-05-28
110 Estate Cv
Lakeside Estates Sec 02
$330,000 $176 4 bd / 2 ba 1,877 sqft , 2026-06-17
605 San Antonio Riverwalk Walk
Riverwalk Ph 2 Sec 4
$335,000 $156 4 bd / 3 ba 2,141 sqft , 2026-05-29

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
$1,560/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
$64,980
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,773
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-917

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 August 20, 2026.

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