About This Home

The Sherman - This new two-story home features a luxurious owner’s suite on the first level, offering a tranquil retreat with a full bathroom and walk-in closet. A nearby open-concept layout encourages seamless transitions and multitasking between the kitchen, living and dining areas. On the second floor, a versatile game room provides a convenient shared living area near three additional bedrooms. Photos are for illustrative purposes only. Estimated Completion July 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $139/sqft, this home is 26% 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 Stratus Ln, Hutto, TX 78634

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Property Details

Price $299,749

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 2,162 sqft

Lot Size 0.14 acres (5,924.16 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Firefly Pointe

County Williamson

Zip Code 78634

$/sqft $139/sqft

Days on Market ,

HOA $120/Monthly

Annual Tax Est. $1,567.58

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT223044925

List Date March 19, 2026

Elementary School Veterans Hill

Middle School Hutto

High School Hutto

School District ,

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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

137 Thunderclap Ter
Firefly Pointe $299,499 $138 4 bd / 2 ba 2,173 sqft , 2026-08-13

124 Christy St
Emroy Crossing $299,999 $191 3 bd / 3 ba 1,572 sqft , 2026-07-14

116 Gracie Way
Emory Crossing 40's $299,000 $146 3 bd / 3 ba 2,054 sqft , 2026-04-10

211 Streaking Star Dr
Firefly Pointe $298,499 $137 4 bd / 2 ba 2,173 sqft , 2026-06-16

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

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

$1,439/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

$59,950

20% conventional investment loan

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

Estimated Gross Rent+$1,439

Principal + Interest−$1,636

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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 July 28, 2026.

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

509 Stratus Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Hutto, TX

More Luxury Homes in Hutto

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