Active Listing  ·  135 days on market

509 Marklawn Ln

Hutto, TX 78634
$329,000
3 Bed 2 Bath 1,896 sqft $174/sqft Built 2019 0.18 acres 2-Car Garage Pool Highlands

This beautifully maintained 3-bedroom, 2-bath home is a stand out with a dedicated study— ideal for a home office or flex space. The kitchen is the heart of the home and shines with 36” espresso cabinetry, a center island, and stainless steel appliances. The open-concept floor plan flows seamlessly with a bright and inviting living area filled with abundant natural light. The primary suite offers a relaxing retreat with a dual-vanity bath, walk-in shower, and spacious walk-in closet. Enjoy outdoor living on the covered patio overlooking the backyard — perfect for relaxing or entertaining!

At $174/sqft, this home is 7% 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

509 Marklawn Ln, Hutto, TX 78634

Property Details

Price $329,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,896 sqft
Lot Size 0.18 acres (7,801.6 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highlands
County Williamson
Zip Code 78634
$/sqft $174/sqft
Days on Market ,
HOA $338/Annually
Annual Tax Est. $7,948.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223171750
List Date April 10, 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
127 Scotsburg St
Hutto Square Sec 5B
$329,900 $164 3 bd / 2 ba 2,010 sqft , 2026-06-22
116 Melrose St
Prairie Winds
$329,990 $192 3 bd / 2 ba 1,716 sqft , 2026-06-18
108 Red Buckeye St
Hutto Highlands
$330,000 $144 4 bd / 3 ba 2,292 sqft , 2026-03-19
111 Sweetwater Creek Ln
Mustang Creek
$325,000 $156 4 bd / 3 ba 2,085 sqft , 2026-05-30
228 Mets Way
Winfield Park
$324,999 $142 4 bd / 3 ba 2,288 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
$1,579/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
$65,800
20% conventional investment loan

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

Estimated Gross Rent+$1,579
Principal + Interest−$1,795
Property Tax (~2.1% TX avg)−$576
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-929

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 June 3, 2026.

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