Active Listing  ·  56 days on market

500 Mitchell Dr

Hutto, TX 78634
$294,900
3 Bed 2 Bath 1,304 sqft $226/sqft Built 2006 0.20 acres 2-Car Garage Pool Glenwood Ph 02B

Welcome to this stunning, fully renovated home situated on a spacious corner lot in the highly desirable Glenwood community of Hutto. Practically every surface and finish has been updated, creating a home that truly feels brand new.

The beautifully redesigned kitchen features all-new cabinetry, granite countertops, sinks, vent hood, stove, oven, dishwasher, and refrigerator. Throughout the home you'll find new flooring, fresh interior paint, new door trim and baseboards, updated door hardware, new toilets, modern shower fixtures, and a new water heater. Even the driveway and fencing have been replaced, providing exceptional curb appeal and peace of mind.

The open, light-filled floor plan offers comfortable living and effortless entertaining, while the oversized corner lot provides additional yard space and privacy. Residents enjoy outstanding neighborhood amenities including a community pool, splash pad, park, playground and walking trails, all conveniently located near Hutto ISD schools, shopping, dining, and major commuter routes.

This is a rare opportunity to own a truly move-in-ready home where virtually everything you see is new.

Don't miss it!!

At $226/sqft, this home is priced 20% 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

500 Mitchell Dr, Hutto, TX 78634

Property Details

Price $294,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,304 sqft
Lot Size 0.20 acres (8,890.6 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Glenwood Ph 02B
County Williamson
Zip Code 78634
$/sqft $226/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. $5,834.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237943654
List Date June 28, 2026
Elementary School Nadine Johnson
Middle School Farley
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 · June 28, 2026 $299,900
Current ask $294,900
Reduced $5,000 (-1.7%) 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
108 Timber Brook Dr
Brooklands
$294,700 $169 4 bd / 2 ba 1,748 sqft , 2026-05-15
207 Kerley Dr
Ledgends Hutto Ph 04
$299,000 $200 3 bd / 2 ba 1,494 sqft , 2026-06-25
409 Willowbrook Dr
Creekside Estates Sec 3
$299,000 $176 3 bd / 2 ba 1,696 sqft , 2026-06-29
1111 Windrow Run
Heritage Mill
$290,620 $190 3 bd / 2 ba 1,533 sqft , 2026-03-27
1009 Windrow Run
Heritage Mill
$290,480 $198 4 bd / 2 ba 1,468 sqft , 2026-05-14

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
$1,416/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
$58,980
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,609
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-832

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 19, 2026.

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