Active Listing  ·  16 days on market

516 Lagonda Dr

Hutto, TX 78634
$423,999
4 Bed 3 Bath 3,115 sqft $136/sqft Built 2026 0.10 acres 2-Car Garage Pool Cotton Brook

The Eden - The first floor of this new two-story home is host to an inviting open-concept floorplan shared between the kitchen, living and dining areas, adjacent to a spacious covered patio. A luxurious first-floor owner’s suite provides a secluded retreat at the back of the home, with a secondary bedroom located upon entry. Two additional bedroom suites can be found upstairs. This home boasts modern features such as a first-floor study and versatile game room for additional entertaining and leisure space on the second level. Photos are for illustrative purposes only. Estimated Completion January 2027. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $136/sqft, this home is 26% 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

516 Lagonda Dr, Hutto, TX 78634

Property Details

Price $423,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,115 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 $136/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. $1,706.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247586752
List Date September 22, 2026
Elementary School Ray Elementary
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.

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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 · September 22, 2026 $428,999
Current ask $423,999
▼ Reduced $5,000 (-1.2%) 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
419 Corniche Cir
Cotton Brook
$427,499 $158 4 bd / 3 ba 2,709 sqft , 2026-10-07
213 Outhaul Dr
Heritage Mill
$419,990 $162 4 bd / 4 ba 2,600 sqft , 2026-09-30
500 Corniche Cir
Cotton Brook
$428,499 $138 4 bd / 3 ba 3,115 sqft , 2026-09-02
301 Outhaul Dr
Heritage Mill
$429,990 $162 4 bd / 4 ba 2,650 sqft , 2026-09-30
305 Windy Reed Rd
Cross Creek
$435,000 $161 4 bd / 3 ba 2,708 sqft , 2026-09-03

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
$2,035/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
$84,800
20% conventional investment loan

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

Estimated Gross Rent+$2,035
Principal + Interest−$2,314
Property Tax (~2.1% TX avg)−$742
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,198

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 September 24, 2026.

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