For sale
$5,000,000
99 Mager Ln #A2
Hutto, TX 78634
- 0 beds
- 0 baths
- 21,772 sq ft
- 2.95 acres
Listing courtesy of Keller Williams Realty Lone Star · (512) 994-0247 · MLS# 8431363 · Status: Active
About this home
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, dedicated parking and potential options for a front courtyard and covered carport. Designed for strong rental demand and long-term tenant retention. Strategically located minutes from Samsung, Tesla, Amazon, and major toll roads (SH-130, Hwy 79, I-35), the property benefits from rapid population growth and major employment drivers. Current underwriting reflects projected gross income of ~$436,500 for long-term rentals with NOI of ~$302,070 (6.03% cap), and ~$736,800 gross with NOI of ~$380,512 (7.60% cap) utilizing a mid-term rental strategy. Blended approach projects ~$341,291 NOI (~6.8% cap). Average rents are approximately $1,653/month (LTR) and $2,047/month (MTR). Property supports flexible rental strategies including long-term, mid-term, and short-term rentals. Available as a full 22-unit portfolio or partial acquisition options including 11-unit, 4-unit, 2-unit groupings, or individual units. Rare chance to acquire a scalable, small-format BTR community in one of the fastest-growing submarkets north of Austin. Buyer to verify all information.
Description provided by the listing brokerage.
Facts
- Property type
- Residential Income · Triplex
- Year built
- 2026
- Lot size
- 2.95 acres
- Living area
- 21,772 sq ft
- Price per sq ft
- $230
- HOA
- $150 (monthly)
- Annual taxes
- $7,562
- County
- Williamson
- Neighborhood
- Pinnelli-Mayberry Sub
- School district
- Hutto ISD
- Schools
- Hutto · Hutto · Hutto
Features
- Roof
- Shingle
- View
- None
- Sewer
- Public Sewer
- Levels
- Two
- Cooling
- Central Air
- Fencing
- Wood
- Heating
- Central
- Flooring
- Carpet, Vinyl
- Utilities
- Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
- Appliances
- Microwave, Oven
- Lot
- See Remarks
- Pets
- Cats OK, Dogs OK
- Water
- Public
- Windows
- Double Pane Windows
- Parking
- Private
- Exterior
- Lighting, Private Yard
- Interior
- Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage
- Community
- See Remarks
- Foundation
- Slab
- Waterfront
- None
- Energy efficiency
- None
- Accessibility
- None
- Construction
- HardiPlank Type, Stone
- Patio & porch
- Front Porch
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 15, 2026 at 4:10 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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