Current MLS property details
99 Mager Ln #A, Hutto, TX 78634
$5,000,000
Listed by Robert Fischer · Keller Williams Realty Lone Star · (512) 994-0247
- Living area
- 21,772 sq ft
- Lot size
- 1.010 acres
- Year built
- 2026
- Property type
- See Remarks
- Subdivision
- Pinnelli-Mayberry Sub
Bedroom and bathroom totals are being verified. Ask Bre for the current figures.
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.
About Hutto, TX
Hutto right now: 566 homes for sale shown on this site, 401 active or coming soon. Median list price: $330,999.
Schools listed for this property: Hutto ISD (Elementary: Hutto, Middle: Hutto, High: Hutto). Confirm school assignment with the district.
Questions to review before your visit
- Confirm the current availability, asking terms, showing instructions, and documents available from the listing agent before arranging a visit.
- Ask which disclosures, repair records, system ages, permits, and inspection information are available. Use the showing to identify questions for the appropriate inspector or other qualified professional.
- For the land included with this property, confirm the survey, access, utility arrangements, and maintenance responsibilities. Do not assume a well, septic system, fencing, or a particular land use is included or approved.
- The bedroom and bathroom totals require verification. Ask for the current source details before using room counts to compare this property with another.
- For the recent or future year built shown in the feed, confirm the current construction stage, inspection opportunities, warranty documents, and the possession timeline for this specific home.
Send Bre the property address or MLS number with your questions so the conversation stays tied to this listing. The listing information above comes from the MLS; these planning questions do not confirm a property’s condition, permitted use, or financing eligibility.
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