About This Home

Owner Financing with 10% Down, 8% rate, 30 year amortization and 10 yr balloon. The popular and open-concept 1-story Brodie home includes 3 bedrooms, 2 baths, and a study. Featuring a 2-car garage, pre-plumb for water softener, covered back patio, luxury vinyl plank floors throughout the main living areas, and separate garden tub and walk-in shower in the owner's bath. Buyer or buyer's agent to verify all information.

At $222/sqft, this home is priced 18% 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

511 Palo Brea Loop, Hutto, TX 78634

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Property Details

Price $370,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,665 sqft

Lot Size 0.13 acres (5,749.92 sqft)

Year Built 2024

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Covered Bridge

County Williamson

Zip Code 78634

$/sqft $222/sqft

Days on Market ,

HOA $240/Annually

Annual Tax Est. $7,792.33

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228600710

List Date May 2, 2026

Elementary School Hutto

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 · May 2, 2026 $385,000

Current ask $370,000

▼ Reduced $15,000 (-3.9%) 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

206 Palo Brea Loop
Covered Bridge $365,000 $202 4 bd / 2 ba 1,808 sqft , 2026-04-23

103 Navidad River Dr
Riverwalk Ph 3 Sec 1 $365,000 $171 4 bd / 3 ba 2,138 sqft , 2026-05-22

100 Liard River Rd
Riverwalk $375,000 $184 4 bd / 2 ba 2,033 sqft , 2026-03-12

1404 Augusta Bend Dr
Star Ranch Sec 01 $364,900 $180 3 bd / 2 ba 2,028 sqft , 2026-05-23

111 Denton Dr
Riverwalk Ph 3 Sec 1 $360,000 $178 4 bd / 2 ba 2,026 sqft , 2026-06-29

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

$1,776/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

$74,000

20% conventional investment loan

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

Estimated Gross Rent+$1,776

Principal + Interest−$2,019

Property Tax (~2.1% TX avg)−$648

Insurance (~0.5%)−$154

Est. Monthly Cash Flow $-1,045

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 →

511 Palo Brea Loop