Homes for Sale in 78634

• 

  

  

  /37

  $319,000

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,777 Sq Ft

  1520 Kothman Dr, Hutto, TX 78634

  Welcome to this exceptional single-story home — originally the builder's model home and thoughtfully upgraded ever since. From the moment you walk in, the elevated finishes and attention to detail set this property apart from the rest of the neighborhood. The builder converted the garage into a fully climate-controlled bonus living space complete with built-in speakers — making it ready to serve

  Lindsey Palkovic HOYDEN HOMES

  1520 Kothman Dr, Hutto, TX 78634
• 

  

  

  /40

  $775,000

  • 4 Beds
  • 3.5 Baths
  • 3,589 Sq Ft

  1126 Enclave Way, Hutto, TX 78634

  Some homes check the boxes. This one changes the standard.Tucked away on over half an acre inside the prestigious Estates section of Enclave at Brushy Creek, this rare 4-bedroom, 3.5-bath pool home delivers the kind of lifestyle buyers wait years to find. From the moment you arrive, the combination of privacy, scale, and elevated design makes it clear — this is not your typical Hutto

  

  Heather Morstatter

  Magnolia Realty Round Rock

  1126 Enclave Way, Hutto, TX 78634
• 

  

  

  /40

  $325,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,749 Sq Ft

  512 Lady Swiss Ln Unit 60, Hutto, TX 78634

  FREE 1% Rate Buy Down with Preferred Lender! Golf course living meets everyday comfort in this beautifully designed 3-bedroom, 2-bath residence. Enjoy peaceful fairway views right from your backyard, creating a private outdoor escape perfect for morning coffee or sunset gatherings. The open floor plan blends living, dining, and kitchen spaces for seamless entertaining, while abundant natural

  Kyle Pfaffe T J Lewis Real Estate

  512 Lady Swiss Ln Unit 60, Hutto, TX 78634
• 

  

  

  /13

  $344,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,692 Sq Ft

  108 Watkinville Rd, Hutto, TX 78634

  This beautiful home located in the up-and-coming town of Hutto offers the perfect balance of convenience and comfort. Situated at 108 Watkinville Rd, you’re just minutes from Hutto Town Square, Old Town Hutto, Hutto High School, and the new Hooky Entertainment—placing you close to some of the area’s best shopping, dining, and entertainment. Enjoy nearby local favorites like Southside Market &

  Kathryn Nutt Orchard Brokerage

  108 Watkinville Rd, Hutto, TX 78634
• 

  

  

  /40

  $397,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,502 Sq Ft

  5809 Livorno Cove, Round Rock, TX 78665

  Rare find with a massive upstairs bonus room (featuring a giant walk-in closet) that easily serves as a 4th bedroom, media room, or guest retreat! Welcome to this well-maintained, updated home in desirable Round Rock. Offering 3 BR, 2 BA, and multiple bonus areas, this functional layout perfectly adapts to your lifestyle. Step inside to find fresh paint in all bedrooms and baseboards. The main

  Shannon Meuse Redfin Corporation

  5809 Livorno Cove, Round Rock, TX 78665
• 

  

  /6

  $914,600

  New Construction

  • 11 Beds
  • 7.5 Baths
  • 4,022 Sq Ft

  99 Mager Ln Unit F, Hutto, TX 78634

  Rare opportunity to acquire a 4-unit build-to-rent (BTR) portfolio in Hutto, TX, offered as part of the Villas at Cottonwood Trail community. This collection of detached 2–3 bedroom homes (822–1,152 SF) features private yards and dedicated parking, designed for strong rental demand and long-term tenant retention. Strategically located minutes from Samsung, Tesla, Amazon, and major toll roads

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit F, Hutto, TX 78634
• 

  

  /4

  $439,800

  New Construction

  • 5 Beds
  • 5 Baths
  • 1,836 Sq Ft

  99 Mager Ln Unit G, Hutto, TX 78634

  Rare opportunity to acquire a 2-unit build-to-rent (BTR) investment opportunity in Hutto, TX, offered as part of the Villas at Cottonwood Trail community. These detached 2–3 bedroom homes (822–1,152 SF) feature private yards and dedicated parking, designed for strong rental demand and long-term tenant retention. Strategically located minutes from Samsung, Tesla, Amazon, and major toll roads

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit G, Hutto, TX 78634
• 

  

  /11

  $381,990

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,585 Sq Ft

  108 Pico St, Hutto, TX 78634

  Brand new, energy-efficient home available by Aug 2026! Skip your commute and work from home in the quiet flex space. The upstairs game room makes a great media or play space. Downstairs, a large walk-in closet and bath complement the private primary suite. Prairie Winds, a dynamic community in the highly rated Hutto ISD, combines native landscaping with modern touches, creating a stunning

  Patrick Mcgrath Meritage Homes Realty

  108 Pico St, Hutto, TX 78634
• 

  

  /7

  $5,000,000

  New Construction

  • 59 Beds
  • 50 Baths
  • 21,772 Sq Ft

  99 Mager Ln Unit A2, Hutto, TX 78634

  Rare opportunity to acquire a 22-unit build-to-rent (BTR) portfolio in Hutto, TX, offered at $5,000,000 (~$227K/unit)—a substantial discount to its recent appraised value of $5,548,700 (~10% below appraisal), providing immediate built-in equity. Villas at Cottonwood Trail features 22 detached 2–3 bedroom homes (822–1,152 SF) with private yards and dedicated parking, designed for strong rental

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit A2, Hutto, TX 78634
• 

  

  /7

  $2,513,400

  New Construction

  • 30 Beds
  • 20 Baths
  • 10,982 Sq Ft

  99 Mager Ln Unit E, Hutto, TX 78634

  Rare opportunity to acquire an 11-unit build-to-rent (BTR) portfolio in Hutto, TX, offered as part of the Villas at Cottonwood Trail community. This collection of detached 2–3 bedroom homes (822–1,152 SF) features private yards and dedicated parking, designed for strong rental demand and long-term tenant retention. Strategically located minutes from Samsung, Tesla, Amazon, and major toll roads

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit E, Hutto, TX 78634
• 

  

  /37

  $350,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,000 Sq Ft

  1007 Coolridge Ct, Hutto, TX 78634

  Come and get it!! This wonderfully spacious home features an open floor plan, an oversized primary suite, a spacious front porch and quiet backyard—the perfect place to wind down after a long day. Or, enjoy spending some time out front with neighbors or family in the cul-de-sac! Located just north of downtown Hutto, this home is within walking distance of Hutto Elementary, or a shirt drive from

  Trey Dove Fire House Realty

  1007 Coolridge Ct, Hutto, TX 78634
• 

  

  /35

  $359,900

  • 3 Beds
  • 2 Baths
  • 1,961 Sq Ft

  21400 Bird Wing Dr, Pflugerville, TX 78660

  Don't miss this beautiful and immaculately maintained single-story home in Pflugerville, TX. Located in the Commons at Rowe Lane, 21400 Bird Wing Drive has a thoughtfully designed and open-concept floorplan that is ready for you to call "Home". The kitchen, dining room, and living room flow seamlessly together, creating the perfect experience for entertaining. Quartz countertops, beautiful

  Brandon Diggs Diggs Realty

  21400 Bird Wing Dr, Pflugerville, TX 78660
• 

  

  /34

  $361,990

  New Construction $8K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,183 Sq Ft

  1104 Universal Dr, Hutto, TX 78634

  The perfection of the Pearl cannot be denied. This two-story design enhances your lifestyle with the most sought-after home features. At the heart of the home is a functional yet stunning kitchen, complete with contemporary cabinets, a center island, and generous counter space. A secluded home office provides the ideal setting for focused work or uninterrupted Zoom meetings. Upstairs, three

  Trophy Signature Homes Builder

  1104 Universal Dr, Hutto, TX 78634
• 

  

  /27

  $247,749

  New Construction $22K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 1,802 Sq Ft

  129 Evening Glow Dr, Hutto, TX 78634

  The Highgate - Upon entry of this spacious two-story home are the family room, dining room and a chef-ready kitchen arranged in a desirable open floorplan that promotes seamless transition between spaces. Down the hallway is the tranquil owner’s suite with a convenient adjoining bathroom. Upstairs, a sprawling game room offers endless possibilities, while on the opposite end of the floor are

  Christopher Marti Marti Realty Group

  129 Evening Glow Dr, Hutto, TX 78634
• 

  

  /51

  $443,780

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,574 Sq Ft

  406 Ravens Crest Dr, Hutto, TX 78634

  No matter what lifestyle you embrace, the Jameson plan has something for everyone. Outside of the Jameson home, you are met with a huge front porch allowing for gorgeous curb appeal. When you enter this two-story home, you are greeted with a specially-sized family room with your secluded study lying just across the way. Leading down the foyer is your massive, open-concept kitchen with a combined

  CastleRock Communities Builder

  406 Ravens Crest Dr, Hutto, TX 78634
• 

  

  /19

  $325,000

  Open Sat 8AM - 7PM $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,681 Sq Ft

  401 Fort William St Unit 33, Hutto, TX 78634

  Meet 401 Fort William St, recently updated with partial flooring replacement and an accent backsplash in the kitchen. The primary bathroom provides functional double sinks and a separate tub and shower. An exterior covered patio overlooks a fenced in backyard. This residence combines tasteful updates with functional outdoor space. Included 100-Day Home Warranty with buyer activation

  Amber Broadway Opendoor Brokerage, LLC

  401 Fort William St Unit 33, Hutto, TX 78634
• 

  

  /29

  $315,000

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,203 Sq Ft

  704 Mitchell Dr, Hutto, TX 78634

  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

  Sam Sheikh SpecTower Realty Group

  704 Mitchell Dr, Hutto, TX 78634
• 

  

  /8

  $410,000

  • 4 Beds
  • 2.5 Baths
  • 2,555 Sq Ft

  208 Eagle Lake Dr, Hutto, TX 78634

  Welcome to 208 Eagle Lake Dr — a bright, beautifully maintained home in the friendly Brooklands community of Hutto. With its open layout, generous room sizes, and thoughtful upgrades, this home offers the comfort and flexibility that today’s buyers love. The main level features a spacious living area that flows naturally into the kitchen and dining spaces. The kitchen is designed for real

  Rashmi Vithoba Trinity Texas Realty INC

  208 Eagle Lake Dr, Hutto, TX 78634
• 

  

  /29

  $495,000

  $5K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,655 Sq Ft

  8333 Angelo Loop, Round Rock, TX 78665

  Nestled on a cul-de-sac at 8333 Angelo Loop, this Wilshire-built home features a rare dual-primary floor plan, with a full master suite on both the main level and upstairs. The recently painted interior impresses with soaring high ceilings in the living room and a versatile second living area upstairs, providing ample space for work and play. Designed for modern flexibility and comfort, this

  Erin Stephens Levi Rodgers Real Estate Group

  8333 Angelo Loop, Round Rock, TX 78665
• 

  

  /39

  $625,000

  • 4 Beds
  • 3 Baths
  • 2,696 Sq Ft

  61 Cir, Hutto, TX 78634

  61 Family Circle offers a rare ~1 acre property with this one-story property which includes a main home of approximately 1,487 square feet with 3 bedrooms and 2 baths, plus a secondary guest home of approximately 960 square feet with 1 bedroom, 1 bath, living area, and kitchen space, for a combined total of approximately 2,447 square feet. The main home features granite countertops, a stone

  

  Robert Fischer

  Keller Williams Realty Lone Star

  61 Cir, Hutto, TX 78634
• 

  

  /11

  $385,000

  • 3 Beds
  • 2 Baths
  • 1,665 Sq Ft

  511 Palo Brea Loop, Hutto, TX 78634

  Owner Financing with 10% Down, 8% rate, 30 year amortization and 10 yr balloon. The popular and open-concept 1-story Brodie home includes 3 bedrooms, 2 baths, and a study. Featuring a 2-car garage, pre-plumb for water softener, covered back patio, luxury vinyl plank floors throughout the main living areas, and separate garden tub and walk-in shower in the owner's bath. Buyer or buyer's agent to

  Luis Reichel Team Price Real Estate

  511 Palo Brea Loop, Hutto, TX 78634
• 

  

  /33

  $265,000

  • 3 Beds
  • 2 Baths
  • 1,042 Sq Ft

  309 Dana Dr, Hutto, TX 78634

  Welcome to 309 Dana Drive, a beautifully updated 3-bedroom, 2-bathroom home in Hutto’s established Lakeside Estates. This move-in-ready residence features a bright, open-concept layout with brand-new flooring throughout that seamlessly connects the living, dining, and kitchen areas—perfect for modern living. The stylish kitchen comes equipped with stainless steel appliances and ample cabinet

  Shruthi Shriram Kumar JBGoodwin REALTORS WC

  309 Dana Dr, Hutto, TX 78634
• 

  

  /3

  $287,560

  New Construction $1K PRICE INCREASE

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  1013 Windrow Run, Hutto, TX 78634

  Welcome to 1013 Windrow Run located in Heritage Mill, a coming soon Brohn Homes community in Hutto! Inside, you’ll be greeted by an open concept living space, light-filled interior, and thoughtful features. In the heart of the home, the U-shaped kitchen showcases premium features such as durable 3cm Blanco Atlantico granite countertops, bright white cabinets with nickel hardware, sleek stainless

  Danny Wilson New Home Now

  1013 Windrow Run, Hutto, TX 78634
• 

  

  /30

  $338,990

  New Construction Open Sat 12PM - 5PM $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,816 Sq Ft

  908 Universal Dr, Hutto, TX 78634

  MLS# 7083947 - Built by Trophy Signature Homes - May 2026 Completion! ~It's crystal clear that the Quartz appeals to everyone. This popular single-story plan shines because of the great room. The layout allows you to simultaneously keep your eyes on architects constructing forts and others prepping for the big debate tournament. While they work, you can play in your extravagant open kitchen.

  Ben Caballero HomesUSA.com

  908 Universal Dr, Hutto, TX 78634
• 

  

  /25

  $312,749

  New Construction $43K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,162 Sq Ft

  509 Stratus Ln, Hutto, TX 78634

  This new two-story home features a luxurious owner’s suite on the first level, offering a tranquil retreat with a full bathroom and walk-in closet. A nearby open-concept layout encourages seamless transitions and multitasking between the kitchen, living and dining areas. On the second floor, a versatile game room provides a convenient shared living area near three additional bedrooms.

  Lennar Builder

  509 Stratus Ln, Hutto, TX 78634
• 

  

  /3

  $320,760

  New Construction $1K PRICE INCREASE

  • 3 Beds
  • 2.5 Baths
  • 2,107 Sq Ft

  1011 Windrow Run, Hutto, TX 78634

  Welcome to 1011 Windrow Run located in Heritage Mill, a coming soon Brohn Homes community in Hutto! This two-story new build home is alive with natural light throughout, including an open-concept kitchen, dining, and living room with wood-look vinyl flooring. The heart of the home can be found in the kitchen which features Miami White Silestone countertops, 42-inch upper cabinets, a center

  Danny Wilson New Home Now

  1011 Windrow Run, Hutto, TX 78634
• 

  

  /17

  $289,499

  New Construction $26K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,954 Sq Ft

  510 Firedance Ct, Hutto, TX 78634

  The first floor of this two-story home shares a spacious open layout between the kitchen, dining room and family room for easy entertaining. Upstairs are three secondary bedrooms, ideal for residents and overnight guests, surrounding a versatile loft that serves as an additional shared living space. An owner's suite sprawls across the rear of the second floor and enjoys an en-suite bathroom and a

  Lennar Builder

  510 Firedance Ct, Hutto, TX 78634
• 

  

  /35

  $352,999

  New Construction $30K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,692 Sq Ft

  348 Rockies Rd, Hutto, TX 78634

  The Napali - This new two-story home features a single-level owner’s suite, offering a serene retreat with a full bathroom and walk-in closet. A secondary bedroom is located near the front of the home, while an open-concept floorplan encourages seamless indoor-outdoor living with access to an inviting covered porch. On the second level, a bonus room provides a versatile shared living area easily

  Christopher Marti Marti Realty Group

  348 Rockies Rd, Hutto, TX 78634
• 

  

  /25

  $312,749

  New Construction $47K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,162 Sq Ft

  417 Stratus Ln, Hutto, TX 78634

  This new two-story home features a luxurious owner’s suite on the first level, offering a tranquil retreat with a full bathroom and walk-in closet. A nearby open-concept layout encourages seamless transitions and multitasking between the kitchen, living and dining areas. On the second floor, a versatile game room provides a convenient shared living area near three additional bedrooms.

  Lennar Builder

  417 Stratus Ln, Hutto, TX 78634
• 

  

  /14

  $389,990

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,243 Sq Ft

  717 Universal Dr, Hutto, TX 78634

  This open concept layout makes it easy to keep an eye on the family room while in the kitchen. Gray cabinets with marble-look white quartz countertops, warm beige EVP flooring, and multi-tone taupe carpet in our Radiant package.

  Meritage Homes Builder

  717 Universal Dr, Hutto, TX 78634
• 

  

  /27

  $409,320

  New Construction $17K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,295 Sq Ft

  331 Willow Heights Dr, Hutto, TX 78634

  Enjoy the luxury of options with the Colton, including flexible spaces upstairs and down so you can create a home gym, office, playroom, extra bedroom or anything you can imagine. The home features the Artisan Collection by Ashton Woods. Make this beautiful new corner lot home in Rolling Glen yours today!

  Ashton Woods Builder

  331 Willow Heights Dr, Hutto, TX 78634
• 

  

  /23

  $296,749

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,850 Sq Ft

  505 Stratus Ln, Hutto, TX 78634

  This new four-bedroom home offers convenient single-story living. A bedroom is secluded near the front of the home, leading to an inviting and spacious open-concept layout shared between the kitchen, dining room and family room. Three additional bedrooms are tucked away to the side for improved comfort and privacy, including the lavish owner’s suite at the back of the home with a full bathroom

  Lennar Builder

  505 Stratus Ln, Hutto, TX 78634
• 

  

  /27

  $625,000

  $50K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 4,266 Sq Ft

  7513 Leonardo Dr, Round Rock, TX 78665

  Located in Siena, this 5 BD, 4 BA, home brings the kind of space and flexibility that can keep up with real life. With wood-look tile throughout the lower level, abundant natural light, and a layout that makes a big home feel functional, not overwhelming, this is a home that feels both substantial and easy to live in. The 2nd story ceiling and sweeping spiral staircase make a strong first

  Jonny Wells eXp Realty, LLC

  7513 Leonardo Dr, Round Rock, TX 78665
• 

  /2

  $336,515

  New Construction

  • 4 Beds
  • 3 Baths
  • 1,877 Sq Ft

  120 Christy Ln, Hutto, TX 78634

  Welcome to the Pheasant at 120 Christy Street in Emory Crossing! Step through the front porch into a bright great room that flows seamlessly into the dining area and kitchen with a center island, creating an open and welcoming gathering space. A convenient entry includes a laundry room and drop zone and leads to a secondary bedroom and full bathroom on the main level, along with a private primary

  Taylor Morrison Builder

  120 Christy Ln, Hutto, TX 78634
• 

  

  /7

  $229,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,014 Sq Ft

  99 Mager Ln Unit C, Hutto, TX 78634

  22 homes available from the low $200's! The Juniper is a modern 3 bed, 2 bath stand-alone condo in The Villas at Cottonwood Trail—a boutique 22-home community in Hutto, TX. Priced from $229,900, choose from two thoughtfully designed floor plans featuring a bright, open living, kitchen, and dining area with large windows that bring in abundant natural light. A main-floor bedroom with ensuite bath

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit C, Hutto, TX 78634
• 

  

  /6

  $209,900

  New Construction

  • 2 Beds
  • 1.5 Baths
  • 822 Sq Ft

  99 Mager Ln Unit B, Hutto, TX 78634

  22 homes available from the low $200's! The Pine is a 2 bed, 1.5 bath stand-alone condo in The Villas at Cottonwood Trail, a 22-home boutique community in Hutto, TX. Priced from $209,900, this 822 sq. ft. home offers a smart layout that balances comfort and function. The open-concept living, dining, and kitchen areas create a welcoming main floor, with a discreet half bath and laundry room

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit B, Hutto, TX 78634
• 

  /2

  $303,515

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,572 Sq Ft

  124 Christy Ln, Hutto, TX 78634

  Welcome to the Grouse at 124 Christy Street in Emory Crossing! Designed to impress from the moment you arrive, this home welcomes you through a charming porch into a light-filled great room that flows seamlessly into the casual dining area and kitchen. A covered patio creates an easygoing spot to relax or gather with friends. Just off the garage, a powder bath, drop zone, and coat closet tucked

  Taylor Morrison Builder

  124 Christy Ln, Hutto, TX 78634
• 

  

  /33

  $409,520

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,351 Sq Ft

  95 Flowers Ave, Hutto, TX 78634

  Welcome to the Oriole at 95 Flowers Avenue in Emory Crossing! Step inside to find a convenient first-floor bedroom and bathroom just off the foyer, along with easy access to your two-car garage. Upstairs, two additional bedrooms share a bath, complemented by a versatile tech space and a lively game room perfect for work or play. Back on the main level, the open kitchen with a spacious island

  Taylor Morrison Builder

  95 Flowers Ave, Hutto, TX 78634
• 

  

  /7

  $244,900

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,142 Sq Ft

  99 Mager Ln Unit D, Hutto, TX 78634

  22 homes available from the low $200's! The Spruce is a well-designed 3 bed, 2.5 bath stand-alone condo in The Villas at Cottonwood Trail—a boutique community of just 22 homes in Hutto, TX. Priced from the low $200's, these spacious two-story layouts feature an open living room that flows into the kitchen and large dining area, perfect for everyday living and entertaining. The main floor includes

  

  Robert Fischer

  Keller Williams Realty Lone Star

  99 Mager Ln Unit D, Hutto, TX 78634
• 

  

  /3

  $339,990

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,337 Sq Ft

  Jade Plan at Brooklands, Hutto, TX 76574

  None

  CastleRock Communities Builder

  201 Pinkerton Dr Unit 40337567, Hutto, TX 76574

Showing Results 441 - 480, Page 12 of 18