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116 Christy St
D- Composite 35.97
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +14.2/15.0
  • Cash flow +6.5/30.0
  • Condition / age +4.0/5.0
  • Livability +3.9/5.0
  • Schools +2.8/10.0
  • 1% rule +2.0/10.0
  • Rent growth +1.9/5.0
  • DSCR +0.8/10.0
  • Appreciation +0.0/10.0

$291,515

116 Christy St · Hutto, TX 78634
3 bd · 2.5 ba · 1,572 sqft · SingleFamily · 5 Days on market
Built 2026 Good condition 4,399 sqft lot Garage $185/sqft · 15% below area Est $342k · 15% under $90/mo HOA · 4% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to the Grouse at 116 Christy Street in Emory Crossing! This charming two-story home welcomes you with a bright and inviting layout designed for everyday comfort. The open great room flows seamlessly into the dining area and kitchen, where a generous island and walk in pantry create the perfect space for gathering and sharing meals. Upstairs, the private primary suite offers a peaceful retreat with a spacious bath and walk in closet, while two additional bedrooms, a full bath, and convenient laundry provide thoughtful functionality. A cozy covered patio and front porch extend the living space for quiet mornings and relaxed evenings. With warm details and an easy flow, this home feels both welcoming and beautifully connected. Discover this welcoming master-planned community in Hutto, where flexible floor plans and charming exteriors create a warm first impression. The completed Amenity Center offers a pool, splash pad, playground, trails, and a soccer field. With easy access to downtown Austin, spacious lots, and zoning for Hutto ISD, it's the perfect place to build your new home. Additional Highlights Include: GE top load washer and electric dryer, GE refrigerator, and whole house blinds.

Key facts

  • Generous island
  • New construction
  • Covered patio

Tags

COVERED PATIOGRAY CABINETSAPPLIANCES INCLUDEDNEW CONSTRUCTIONOPEN GREAT ROOMGENEROUS ISLAND

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $292k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-494 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $220k (24.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (30.1% below list).
  • Recommended offer: $204k (30.1% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 77/100 on livability (#79 in TX, #2,794 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities C-, commute F.
  • Hutto ISD (rural): math 30% / reading 42% proficiency, ranked #438 of 826 in TX (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Cottonwood Creek El (math 22% / reading 34%, grade F, #2,740 of 4,322 statewide, top 64%, 686 students, 45% FRL); Hutto H S (math 35% / reading 54%, grade F, #652 of 1,632 statewide, top 43%, 2,010 students, 40% FRL) — zoned schools at 42% FRL track the district average.
  • Market conditions: Rents soft (-2.4%/yr); 1501 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 79d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 7,543 units permitted in Williamson County in 2024 (1,425 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $203,838 (30.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.70%
Cap rate
4.26%
Cash-on-cash
-7.27%
DSCR
0.68
GRM
11.9

CMA / ARV

ARV (median comp)
$342,335
List price
$291,515
Delta
-10.46%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
203 Betsy Rd 0.18mi 3/2.5 1,654 (+5%) 2mo $317,425 $192 81
107 Betsy Rd 0.24mi 3/2.5 1,654 (+5%) 3mo $315,970 $191 78
217 Almquist St 0.36mi 3/2.0 1,480 (-6%) 2mo $259,999 $176 70
218 Streaking Star Dr 0.68mi 4/2.0 (+1) 1,575 (+0%) 1mo $277,498 $176 60
523 Firedance Ct 0.68mi 4/2.0 (+1) 1,575 (+0%) 3mo $277,499 $176 59
126 Brown St 0.49mi 4/2.0 (+1) 1,686 (+7%) 3mo $285,000 $169 55
219 Greens Bayou Trl 0.72mi 4/2.0 (+1) 1,514 (-4%) 2mo $309,999 $205 51
412 Scorpius Trl 0.68mi 4/2.0 (+1) 1,667 (+6%) 2mo $285,749 $171 50
504 Scorpius Trl 0.68mi 4/2.0 (+1) 1,667 (+6%) 2mo $283,999 $170 49
421 Stratus Ln 0.67mi 4/2.0 (+1) 1,667 (+6%) 3mo $283,999 $170 49
203 Wegstrom St 0.59mi 3/2.0 1,339 (-15%) 3mo $255,000 $190 44
727 Gray Fox Loop 0.67mi 4/2.0 (+1) 1,380 (-12%) 2mo $268,000 $194 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-32.5%
Equity multiple
-0.04×
Total profit
$-84,606
Equity at exit
$43,466
10-year hold
IRR
-61.1%
Equity multiple
-0.68×
Total profit
$-136,946
Equity at exit
$25,205

Cash invested: $81,624 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
97 active · 99 under contract
Months of supply
7.4 mo (14%/mo absorbed)
Median asking
$295,299 ($180/sqft)
Median days on market
49 d
This list price
47% of active listings are priced below it
ARV vs active asking
+20.8% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78634

Rents YoY
-2.4%
Active inventory
1501
Price-to-rent
11.9×

Monthly cashflow live

Estimated rent
$2,038 high interval (Pro) →
Mortgage (P&I)
$1,529
Tax est. 1.5%
$364 /mo · $4,373/yr
Insurance
$121
HOA
$90
Vacancy / Maint / Mgmt
$428
Net cashflow
$-494

Break-even live

Break-even rent $2,664
Max offer price $219,993
Occupancy floor

Sensitivity live

Price -10% $-293 -5% $-394 +0% $-494 +5% $-595 +10% $-696
Rent -10% $-655 -5% $-575 +0% $-494 +5% $-414 +10% $-333
Rate -1.0pp $-347 -0.5pp $-420 base $-494 +0.5pp $-570 +1.0pp $-647

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$72,879
Closing costs
$8,745
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
203 Betsy Rd Hutto, TX 3.0 2.5 1654 $2,150 $1.30 23d 1 0.18mi
201 Betsy Rd Hutto, TX 3.0 2.0 1305 $1,995 $1.53 113d 1 0.18mi
517 Emory Crossing Blvd Hutto, TX 3.0 2.5 1497 $1,975 $1.32 113d 1 0.20mi
208 Flowers Ave Hutto, TX 3.0 2.0 1435 $2,500 $1.74 63d 1 0.27mi
411 Saul St Hutto, TX 3.0 2.0 1664 $1,775 $1.07 23d 1 0.29mi
406 Saul St Hutto, TX 3.0 2.0 1664 $1,800 $1.08 23d 1 0.30mi
207 Flowers Ave Hutto, TX 3.0 2.5 1892 $2,000 $1.06 139d 1 0.35mi
202 Doodle Ln Hutto, TX 3.0 2.5 2015 $2,150 $1.07 119d 1 0.35mi
219 Almquist St Hutto, TX 4.0 2.0 1921 $1,895 $0.99 93d 1 0.36mi
125 Watkinville Rd Hutto, TX 3.0 2.5 2015 $2,200 $1.09 119d 1 0.37mi
500 Stinchcomb Rd Hutto, TX 4.0 2.0 1956 $2,185 $1.12 63d 1 0.37mi
500 Stinchcomb Rd Hutto, TX 4.0 2.0 1956 $2,185 $1.12 78d 1 0.37mi
318 Phillips St Hutto, TX 3.0 2.0 1662 $1,885 $1.13 59d 1 0.38mi
112 Watkinville Rd Hutto, TX 3.0 2.5 1734 $1,900 $1.10 139d 1 0.39mi
117 Watkinville Rd Hutto, TX 3.0 2.5 1692 $1,895 $1.12 23d 1 0.40mi
211 Almquist St Hutto, TX 3.0 2.0 1677 $1,850 $1.10 119d 1 0.40mi
306 Stinchcomb Rd Hutto, TX 4.0 2.0 1943 $2,550 $1.31 139d 1 0.42mi
106 Gracie Way Hutto, TX 3.0 2.0 1396 $1,900 $1.36 56d 1 0.44mi
103 Thurman Holt Rd Hutto, TX 3.0 2.5 1572 $1,950 $1.24 9d 1 0.45mi
207 Brown St Hutto, TX 4.0 2.0 1701 $1,950 $1.15 100d 1 0.45mi
128 Almquist St Hutto, TX 3.0 2.0 1485 $1,900 $1.28 83d 1 0.46mi
124 Carrington St Hutto, TX 3.0 2.0 1742 $1,965 $1.13 100d 1 0.50mi
209 Phillips St Hutto, TX 3.0 2.5 1920 $1,900 $0.99 119d 1 0.53mi
125 Brown St Hutto, TX 4.0 2.5 1998 $1,880 $0.94 63d 1 0.53mi
230 Rinehardt St Hutto, TX 4.0 2.0 1865 $1,950 $1.05 42d 1 0.53mi
400 Barton Creek Ln Hutto, TX 4.0 2.0 1612 $2,100 $1.30 42d 1 0.57mi
400 Barton Creek Ln Hutto, TX 4.0 2.0 1619 $2,099 $1.30 5d 1 0.57mi
209 Rinehardt St Hutto, TX 3.0 2.0 1214 $1,900 $1.57 23d 1 0.62mi
209 Rinehardt St Hutto, TX 3.0 2.0 1214 $2,000 $1.65 56d 1 0.62mi
603 Wiley St Hutto, TX 3.0 2.0 1270 $1,800 $1.42 63d 1 0.63mi
115 Phillips St Hutto, TX 3.0 3.0 1970 $1,650 $0.84 23d 1 0.64mi
106 Phillips St Hutto, TX 3.0 2.5 1930 $1,895 $0.98 108d 1 0.66mi
106 Phillips St Hutto, TX 3.0 2.5 1930 $1,895 $0.98 119d 1 0.66mi
600 Wiley St Hutto, TX 3.0 2.5 1495 $1,750 $1.17 67d 1 0.67mi
125 Painted Night Rd Hutto, TX 4.0 2.5 2000 $2,099 $1.05 139d 1 0.67mi
518 Firedance CT Hutto, TX 4.0 2.0 1867 $1,995 $1.07 110d 1 0.68mi
115 Lyrebird Ln Hutto, TX 4.0 2.0 1751 $1,995 $1.14 4d 1 0.69mi
300 Twilight Breeze Way Hutto, TX 3.0 2.0 1411 $1,890 $1.34 9d 1 0.71mi
217 Greens Bayou Trl Hutto, TX 4.0 2.0 1837 $2,100 $1.14 100d 1 0.72mi
128 Big Sandy Creek Dr Hutto, TX 4.0 2.0 2035 $2,200 $1.08 87d 1 0.73mi

Property features AI

Finance

HOA & community
Homeowners association (Emory Crossing Condo Association)Quarterly HOA fee of $270HOA covers common area maintenanceCommunity amenities include clubhouse, playground, park, sport courts, trails/paths, sidewalks, street lights, community mailbox, door-to-door trash pickup and common grounds

Exterior

Parking
Attached garage with 2 covered spacesGarage door opener
Security
Pre-wired for security
Utilities
Public waterPublic sewerElectricity connectedNatural gas connectedCable availableHigh-speed internet availablePhone availableUnderground utilities
Home design
2-story homeFaces northwestUnder constructionBuilt by Taylor Morrison
Construction
Brick and stone exteriorComposition roofSlab foundationBuilder-sourced year built
Exterior features
Covered patio/porchRain guttersFenced yard with wood privacy fencingAutomatic sprinklersInterior lotCommunity pool

Interior

Kitchen
Gas cooktopGas ovenRefrigeratorStainless steel appliancesKitchen island
Bedrooms
Primary bedroom located on the second floorWalk-in closet(s) in bedroom(s)
Flooring
CarpetVinyl
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heating (natural gas)Zoned heatingCentral air conditioningZoned coolingThermostat (energy efficient)
Interior features
Ceiling fansKitchen islandOpen floor planWalk-in closetsBlinds
Laundry & utility
Washer and dryer includedLaundry located insideTankless water heater

HOA detail $90/mo · $1,080/yr

Likely covers
electricpool

Listing history 50 events

  1. 2026-09-23
    pricedays on market $291,515 Active 5 DOM
  2. 2026-09-22
    days on market $306,515 Active 4 DOM
  3. 2026-09-21
    days on market $306,515 Active 3 DOM
  4. 2026-09-20
    days on market $306,515 Active 2 DOM
  5. 2026-09-18
    days on marketlisting id $306,515 Active 1 DOM
  6. 2026-09-17
    days on market $306,515 Active 117 DOM
  7. 2026-09-16
    days on market $306,515 Active 116 DOM
  8. 2026-09-15
    days on market $306,515 Active 115 DOM
  9. 2026-09-14
    days on market $306,515 Active 114 DOM
  10. 2026-09-13
    days on market $306,515 Active 113 DOM
  11. 2026-09-12
    days on market $306,515 Active 112 DOM
  12. 2026-09-11
    days on market $306,515 Active 111 DOM
  13. 2026-09-05
    days on market $306,515 Active 105 DOM
  14. 2026-09-04
    days on market $306,515 Active 104 DOM
  15. 2026-09-03
    days on market $306,515 Active 103 DOM
  16. 2026-08-31
    days on market $306,515 Active 100 DOM
  17. 2026-08-30
    days on market $306,515 Active 99 DOM
  18. 2026-08-29
    days on market $306,515 Active 98 DOM
  19. 2026-08-28
    days on market $306,515 Active 97 DOM
  20. 2026-08-27
    days on market $306,515 Active 96 DOM
  21. 2026-08-25
    days on market $306,515 Active 94 DOM
  22. 2026-08-24
    days on market $306,515 Active 93 DOM
  23. 2026-08-23
    days on market $306,515 Active 92 DOM
  24. 2026-08-22
    days on market $306,515 Active 91 DOM
  25. 2026-08-21
    days on market $306,515 Active 90 DOM
  26. 2026-08-20
    days on market $306,515 Active 89 DOM
  27. 2026-08-19
    days on market $306,515 Active 88 DOM
  28. 2026-08-18
    days on market $306,515 Active 87 DOM
  29. 2026-08-17
    days on market $306,515 Active 86 DOM
  30. 2026-08-16
    days on market $306,515 Active 85 DOM
  31. 2026-08-15
    days on market $306,515 Active 84 DOM
  32. 2026-08-14
    days on market $306,515 Active 83 DOM
  33. 2026-08-13
    days on market $306,515 Active 82 DOM
  34. 2026-08-11
    days on market $306,515 Active 80 DOM
  35. 2026-08-10
    days on market $306,515 Active 79 DOM
  36. 2026-08-09
    days on market $306,515 Active 78 DOM
  37. 2026-08-08
    days on market $306,515 Active 77 DOM
  38. 2026-08-06
    days on market $306,515 Active 75 DOM
  39. 2026-08-05
    days on market $306,515 Active 74 DOM
  40. 2026-08-04
    days on market $306,515 Active 73 DOM
  41. 2026-08-03
    days on market $306,515 Active 72 DOM
  42. 2026-07-31
    days on market $306,515 Active 69 DOM
  43. 2026-07-30
    days on market $306,515 Active 67 DOM
  44. 2026-07-28
    days on market $306,515 Active 66 DOM
  45. 2026-07-26
    days on market $306,515 Active 64 DOM
  46. 2026-07-24
    days on market $306,515 Active 62 DOM
  47. 2026-07-23
    days on market $306,515 Active 61 DOM
  48. 2026-07-22
    days on market $306,515 Active 60 DOM
  49. 2026-07-21
    days on market $306,515 Active 59 DOM
  50. 2026-07-20
    days on market $306,515 Active 58 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,461
− Mortgage interest
−$16,329
− Property taxes
−$4,373
− Insurance
−$1,458
− Repairs & maintenance
−$1,957
− Management
−$1,957
− HOA
−$1,080
− Depreciation
−$8,480
Taxable loss
−$11,173
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,682
After-tax cash flow
$-3,250/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 2 photos

Good 80/100 Cosmetic rehab Est. rehab $7,860–$23,580 screening

This charming two-story home is in good condition with no visible repairs needed. It offers a good investment opportunity with potential for both resale and rental value through cosmetic updates and improvements.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
  • Rental HVAC maintenance — A well-maintained HVAC system ensures comfort and can attract tenants.
  • Resale Kitchen and bathroom updates — Updating the kitchen and bathrooms can significantly increase the home's value and appeal to potential buyers.

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary Cottonwood Creek El F TX #2,740/4,322 Nat'l #28,175/41,679 High Hutto Ninth Grade Center

Schools (NCES district)

District
Hutto ISD
NCES district ID
4824100
Math proficiency
30% ▼ -17.00%
Reading proficiency
42% ▼ -5.00%
Median HH income
$72,961
Composite
33.33/100
National rank
#5501
State rank
#438 of 826 in TX
B Composite livability gradescore 77/100

Livability — Hutto

Score
77/100
State rank
#79
US rank
#2794

Category grades

Amenities C- Commute F Cost of living B+ Crime A+ Employment A Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hutto, TX
County
Williamson County · 699,027 people
City population
46,413
Metro
Austin-Round Rock-Georgetown, TX
Population (ZIP)
46,413
Household income
$114,426
Rent vs Own
21.4% rent · 78.6% own
Severe rent burden
18% of renters

Population outlook (Williamson County) Hauer SSP2

Today (2025)
699,027 people
By 2030
795,537 · +13.8%
By 2040
990,683 · +41.7%
By 2050
1,184,292 · +69.4%
By 2075
1,623,825 · +132.3%
By 2100
1,924,153 · +175.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
White 50% Hispanic / Latino 35% Two or more races 18% Black 9% Asian 2%
Hispanic origin (detail)
Mexican 26% Puerto Rican 1%
Common ancestry
Slovak 2% Italian 2% Lithuanian 2%
Foreign-born
13% · Canada
Languages at home
71% English-only · Spanish 23% Other Indo-European 2% Arabic 1%

Political lean MEDSL · Williamson

2024 margin
Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
2008→2024 swing
+10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
All cycles
2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0

Not yet ingested

Civics

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-09-18 Listed $306,515 Unlock MLS
  • 2026-05-23 Listed $306,515 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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