About This Home

The Roseman - This new two-story home offers desirable elements including a convenient study and a secluded owner’s suite with a spa-inspired bathroom, both located on the first floor. An open plan showcases the main living space shared between the kitchen, living and dining areas. On the second floor are three additional bedrooms and a flexible game room that provides additional entertaining and leisure space. Photos are for illustrative purposes only. Estimated Completion October 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $149/sqft, this home is 19% 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

506 Corniche Cir, Hutto, TX 78634

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Property Details

Price $402,499

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,709 sqft

Lot Size 0.10 acres (4,356 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cotton Brook

County Williamson

Zip Code 78634

$/sqft $149/sqft

Days on Market ,

HOA $55/Monthly

Annual Tax Est. $1,706.74

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240003377

List Date July 15, 2026

Elementary School Ray Elementary

Middle School Farley

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 · July 15, 2026 $440,499

Previous ask $407,499

Current ask $402,499

▼ Reduced $38,000 (-8.6%) 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

518 Lagonda Dr
Cotton Brook $403,999 $146 4 bd / 3 ba 2,773 sqft , 2026-09-22

206 Wind Trl
Cross Crk Sub Ph 2 $400,000 $151 4 bd / 3 ba 2,645 sqft , 2026-07-30

1007 Guadalupe Bass Rd
Cross Creek $400,000 $133 5 bd / 3 ba 3,012 sqft , 2026-08-25

406 Grasslands Trl
Cross Creek $400,000 $195 4 bd / 3 ba 2,049 sqft , 2026-09-11

501 Corniche Cir
Cotton Brook $405,499 $146 4 bd / 3 ba 2,773 sqft , 2026-07-07

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

$1,932/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

$80,500

20% conventional investment loan

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

Estimated Gross Rent+$1,932

Principal + Interest−$2,197

Property Tax (~2.1% TX avg)−$704

Insurance (~0.5%)−$168

Est. Monthly Cash Flow $-1,137

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 October 7, 2026.

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

506 Corniche Cir