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99 Mager Ln Unit A2, Hutto, TX 78634

$5,000,000
: 21,772
SqFt

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List Price: $5,000,000
Status: ACTIVE
Days on Market: 165
MLS#: 8431363
Subtype: Residential Income
New Construction: Yes
Year Built: 2026
Living Area: 21,772
Lot Size: 128,371
Acres: 2.95
Subdivision: Pinnelli-Mayberry Sub
Neighborhood: Pinnelli-Mayberry Sub
MLS Area Major: Georgetown, Hutto/Taylor/Coupland

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Property Description

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.

(512) 596-9111

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Additional Information

Amenities: Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage
Interior Features: Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage
Exterior Features: Lighting, Private Yard
Taxes: $7,562
HOA Frequency: Monthly
HOA Includes: Common Area Maintenance
Appliances: Microwave, Oven
Heating: Central
Air Conditioning: Central Air
Exterior Construction: HardiPlank Type, Stone
Stories: 2
Levels: Two
Roof: Shingle
School District: Hutto ISD
Elementary School: Hutto
Middle School: Hutto
High School: Hutto
View: No View