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$2,195

623 Water Way Ave, Hutto, TX, 78634

On MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,815 Sq Ft
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Vented Exhaust Fan, Washer
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Private Yard

Building Information

Year Built2023
Garage Spaces2

Land Information

APNR-14-2029-040Z-0012
Lot Number12
Land UseVacant Land
Legal DescriptionS13118 - COTTONWOOD PH 4, BLOCK Z, LOT 12
Census Tract020819
Assessed Land Value$79,000
Assessed Improvement Value$282,224
Assessment Year2025

About this property

For Lease: Beautifully Designed 4BR/2BA Single-Story Home in Cotton Brook Welcome to this beautifully designed, newly built single-story home in the desirable Cotton Brook community, offering the perfect blend of comfort, style, and functionality. Featuring 4 bedrooms and 2 full bathrooms, this thoughtfully designed floor plan is ideal for families, guests, or those needing flexible work-from-home space. Near the front of the home, you'll find a private bedroom, bathroom, and walk-in closet — perfect for guests, in-laws, or a quiet retreat. The spacious owner's suite is tucked away at the back of the home for added privacy and includes a large walk-in closet, dual vanity, soaking tub, and separate shower. The additional two bedrooms share a conveniently located full bathroom, offering plenty of flexibility for family, guests, or office space. At the heart of the home is a bright, open-concept living space where the kitchen, dining, and family room flow seamlessly together — perfect for everyday living and entertaining. The kitchen features a large center island with breakfast bar seating, updated tile backsplash, dark wood cabinetry, pantry storage, a stainless steel gas range, built-in microwave, and stainless steel refrigerator with picture window doors. Additional highlights include: Washer, dryer, and refrigerator included Separate laundry room Attached 2-car garage Covered front and back porches Large, fully fenced backyard with sprinkler system Modern finishes and abundant natural light throughout Community Amenities: Cotton Brook residents enjoy a pool, playground, park, sports courts, and walking trails. Prime Location: Conveniently located near Hutto High School, SH 130, and Highway 79 for easy access to Round Rock and Austin. You're just 5 minutes from HEB, Walmart, Home Depot, restaurants, and banks; 11 minutes to the new Samsung plant in Taylor; 15 minutes to Kalahari Resorts; 20 minutes to Round Rock Premium Outlets

Interested in this property?

Srinivas Goduguluri

REKonnection, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,417
$361,224
2025
$79,000
$282,224
$361,224
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,417
$361,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Unknown
$257,243
No
First
Oct 24, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,570
$115,654
32%
68%
$1,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,750/mo
$1,543/mo
+$1,207/mo
9.1%

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.

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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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