About This Home

The Cobb - This new two-story home features a convenient owner’s suite on the first floor, complete with a full bathroom and walk-in closet. Another bedroom is located near the foyer, leading to an open-concept floorplan that blends the kitchen, living and dining areas. On the second floor are three additional bedrooms and a versatile loft. Photos are for illustrative purposes only. Estimated Completion September 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $141/sqft, this home is 25% below the Hutto active market average of $188/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

405 Stratus Ln, Hutto, TX 78634

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Property Details

Price $305,299

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,171 sqft

Lot Size 0.14 acres (5,924.16 sqft)

Year Built 2025

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Firefly Pointe

County Williamson

Zip Code 78634

$/sqft $141/sqft

Days on Market ,

HOA $120/Monthly

Annual Tax Est. $1,567.58

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT232351413

List Date June 2, 2026

Elementary School Veterans Hill

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 · June 2, 2026 $316,990

Previous ask $307,299

Current ask $305,299

▼ Reduced $11,691 (-3.7%) 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

417 Stratus Ln
Firefly Pointe $306,749 $142 4 bd / 2 ba 2,162 sqft , 2026-04-14

212 Scorpius Trl
Firefly Pointe $306,749 $184 4 bd / 2 ba 1,667 sqft , 2026-07-28

141 Thunderclap Ter
Firefly Pointe $301,499 $161 4 bd / 2 ba 1,867 sqft , 2026-08-18

117 Scorpius Trl
Firefly Pointe $301,498 $139 4 bd / 2 ba 2,173 sqft , 2026-06-26

509 Stratus Ln
Firefly Pointe $299,749 $139 4 bd / 2 ba 2,162 sqft , 2026-03-19

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

$1,465/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.45%

NOI after 40% vacancy + expenses

Down Payment

$61,060

20% conventional investment loan

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

Estimated Gross Rent+$1,465

Principal + Interest−$1,666

Property Tax (~2.1% TX avg)−$534

Insurance (~0.5%)−$127

Est. Monthly Cash Flow $-862

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 August 18, 2026.

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

405 Stratus Ln