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Listed price in listed location currency (USD).
$5,000,000

000

MLS® 4711188

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $7,562
Days Active 11
Lot Size 
Approx. Age 2026
MLS® Number 4711188

Property Address: a1-99 Mager Ln, Hutto, TX, 78634

Average square foot calculated using Size range provided by listing agent.

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 and dedicated parking, 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.
MLS® Number4711188
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
Basement
DrivewayPrivate
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$5,000,000List Price

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