$315,000
↓ $10K (3.1%)
●
House -
For Sale
704 Mitchell DR
Hutto, TX 78634
4 Beds
2 Baths,
1
Half Bath
2,203 Ft²
$2,272
Est. Monthly
$110
HOA / Fees
About This Property
Great investment opportunity in the growing Hutto market with lease
stability already secured. Per the lease extension amendment, the
property is leased at $2,025/month until November 30, 2027, giving
an investor immediate rental income with strong tenants in place.
This 2-story home offers an open floor plan, plenty of natural
light, spacious living areas, and a large primary suite with a
double vanity in the master bath. Conveniently located near
schools, shopping, dining, Hwy 79, Round Rock, Taylor, Dell
Diamond, Kalahari, and major Central Texas growth corridors. Buyer
to verify all information, lease terms, schools, restrictions, and
measurements.
Unit Size
2,203 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$143
Property Type
House
Property Taxes
$615
HOA Dues
$110
Year Built
2014
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Unlock MLS #ACT2876355)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by SpecTower Realty Group | $325,000 | |
| Listed by SpecTower Realty Group | |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: See Remarks
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Double Vanity, Ceiling-High
Appliances: Dishwasher, Disposal
Flooring Type: Laminate
Exterior Details
Square Footage: 2203
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2014
Waterfront Features: None
Levels: Two
Other Structures: None
Window Features: None
Construction Materials: HardiPlank Type
Patio and Porch Features: Covered, Deck, Patio
Pool Features: None
Lot Features: See Remarks
Lot Size Area: 8725.07
Lot Size Units: Square Feet
Lot Size Acres: 0.2003
Lot Size Square Feet: 8725.07
Water Source: Public
Financial Details
Tax Map Number: 22
Tax Assessed Value: $368,596
Tax Annual Amount: $7,379
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : MUD
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $110
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hutto
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Listed by: Sam Sheikh
Listed Office: SpecTower Realty Group - Listing courtesy of Unlock MLS
Phone: (512) 285-7146
Last Updated: 2026-05-14 04:18:08
Data Source: Unlock MLS, MLS# ACT2876355
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: SpecTower Realty Group - Listing courtesy of Unlock MLS
Phone: (512) 285-7146
Last Updated: 2026-05-14 04:18:08
Data Source: Unlock MLS, MLS# ACT2876355
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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