99 Mager LN # A1, Hutto TX 78634

$ 5,000,000
99 Mager LN # A1, Hutto TX 78634,

Overview

  • Property ID
  • 3263478
  • 3 ac

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 $2,840/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.

Other Features
Electrical Utility Available
New Construction
Property Id : 3263478
Price: $ 5,000,000
Property Lot Size: 3 ac
Syndication Remarks: 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, 840/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.
Parking Features: Private
Lot Size(acres): 2.947
Lot Size(sf): 128371.32
Country: US
Last Listing Change: 2026-08-26T17:55:45.733Z
Property Key: 48491|R545633|1|260268108
Status Contractual Search Date: 2026-05-05
Listing Key Numeric: 228916340
Est. Taxes: 120550.32
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 7
State: TX
Last Status Change: May 5, 2026 at 09:53pm
Street Name: Mager
Street# Ext.: 99
Street#: 99
Street Suffix: LN
Property Match: Address
$/Building Area: 229.65
Builder Name: TurnStyle Homes, LLC
Building Area Total: 21772
Building Features: See Remarks
Construction Materials: HardiPlank Type, Stone
Current Use: See Remarks
Directions: From 79 going East turn left onto 1660. Turn right onto Mager Ln. The property is on the left across from Hutto Elementary.
Listing ID: 4711188
Listing Terms: Cash, Conventional
MLS Area Major: HU
Status: Active
#Buildings: 22
Other Structures: None
Parcel#: 14167200000001
Possession: Close Of Escrow
Property Condition: New Construction
Special Listing Conditions: Standard
Stories Total: 2
Tax Annual($): 7562.32
Unit#: A1
Utilities: Cable Available, Electricity Available, Internet-Fiber, Sewer Available, Water Available
Year Built: 2026
$ 34,241.05
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 25,282.72
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle