Active Listing  ·  7 days on market

4009 Milano River Rd

Hutto, TX 78634
$399,000
4 Bed 3 Bath 2,473 sqft $161/sqft Built 2023 0.18 acres 2.5-Car Garage Pool Highlands North

Beautiful Ashton Woods Harris plan offering approximately 2,473 sq ft with 4 bedrooms, 3 baths, and a spacious private study with a closet, offering excellent flexibility for a home office or additional workspace. The open-concept layout features wood flooring throughout the main living areas and a gourmet kitchen with a large center island, granite countertops, breakfast bar, and abundant cabinetry. The private primary suite includes a garden tub, walk-in shower, dual vanity, and generous walk-in closet. A separate mother-in-law suite with its own bath provides added flexibility for guests or multi-generational living. Enjoy the covered patio, oversized homesite, and 2.5-car garage with extra storage, all tucked away on a quiet street.

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

4009 Milano River Rd, Hutto, TX 78634

Property Details

Price $399,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,473 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2023
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highlands North
County Williamson
Zip Code 78634
$/sqft $161/sqft
Days on Market ,
HOA $335/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248570292
List Date October 1, 2026
Elementary School Hutto
Middle School Hutto
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.

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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
100 Contrada Grace Ln
Highlands North
$399,000 $198 4 bd / 3 ba 2,012 sqft , 2026-09-24
747 Universal Dr
Prairie Winds
$398,990 $142 5 bd / 3 ba 2,812 sqft , 2026-09-21
212 Divisadero Dr
Prairie Winds
$401,990 $194 4 bd / 3 ba 2,076 sqft , 2026-09-25
101 Blanco Dr
Rivers Crossing Sub
$405,000 $220 3 bd / 2 ba 1,837 sqft , 2026-03-11
104 Pico St
Prairie Winds
$389,990 $167 4 bd / 3 ba 2,334 sqft , 2026-08-03

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 October 8, 2026.

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