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$435,000

307 Marjorie Dr, Hutto, TX, 78634

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,295 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.54 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2023
Garage Spaces420

Land Information

APNR-14-1139-000C-0004
Lot Number4
Land UseOther
Legal DescriptionS13045 - COVERED BRIDGE PH 1, BLOCK C, LOT 4
Census Tract020810
Assessed Land Value$78,000
Assessed Improvement Value$365,948
Assessment Year2025

About this property

Welcome to 307 Marjorie, a beautifully designed 2023 home in the sought-after Covered Bridge community in Hutto. Built by Ashton Woods and offering 4 bedrooms, 3 full bathrooms, and 2,295 square feet of thoughtfully designed living space, this home blends modern design with everyday comfort. The open-concept layout centers around a spacious kitchen featuring a large island, white 42-inch cabinetry, upgraded Silestone countertops, and designer-selected finishes. The kitchen flows seamlessly into the breakfast area and family room, creating the perfect space for entertaining or relaxed daily living. Wood flooring throughout the main living areas adds warmth and durability, while large windows bring in natural light throughout the home. Step outside to the extended covered patio, ideal for outdoor dining, relaxing evenings, or hosting friends and family year-round. The flexible floor plan includes a guest bedroom and full bathroom on the main level, perfect for visitors, a home office, or multigenerational living. Upstairs, the private owner’s suite provides a spacious retreat along with additional bedrooms and living space designed for comfort and functionality. Located in the Covered Bridge community, residents enjoy the charm of small-town living with convenient access to major routes including SH-130, making commuting to nearby Round Rock, Pflugerville, and Austin easy. The neighborhood is part of Hutto Independent School District and is zoned to Howard Norman Elementary School, Gus Almquist Middle School, and Hutto High School. Covered Bridge offers walking and biking trails, nearby parks, and easy access to dining, shopping, and entertainment. Residents are just minutes from destinations like Hutto Lake Park and the growing Hutto Co-Op District, making it easy to enjoy everything the area has to offer.

Investor Tools

$362,892Estimated Mortgage Balance
$82,280Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

Interested in this property?

Alex Korn

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,694
$443,948
2025
$78,000
$365,948
$443,948
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,694
$443,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Conventional
$381,417
No
First
Aug 4, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,892
$81,056
18%
82%
$2,287/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,750/mo
$2,287/mo
+$463/mo
7.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hutto

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