99 Mager LN # A2, Hutto TX 78634,Hutto,Williamson,Residential Income

$ 5,000,000
99 Mager LN # A2, Hutto TX 78634,

Overview

  • Property ID
  • 2830621
  • 21,772 ft2
  • 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 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.

Other Features
Electrical Utility Available
Home Owners Association
Interior Steps
Lighting
Microwave
New Construction
Open Floorplan
Oven
Pantry
Private Yard
Stackable W/D Connections
Storage
Property Id : 2830621
Price: $ 5,000,000
Property Size: 21,772 ft2
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 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.
Parking Features: Private
Lot Size(acres): 2.947
Lot Size(sf): 128371.32
Country: US
Last Listing Change: 2026-05-12T21:26:43.850Z
Property Key: 48491|R545633|1|260268108
Status Contractual Search Date: 2026-05-07
Listing Key Numeric: 228951858
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 7, 2026 at 04:19pm
Street Name: Mager
Laundry Location: Inside, Laundry Room
Street# Ext.: 99
Street#: 99
Street Suffix: LN
Property Match: Address
$/SF: 229.65
Unit Mix: 2/1.5, 3/2, 3/2.5
Unit Room Type: Primary Bedroom, Bedroom, Bathroom, Kitchen, Living Room
Accessibility Features: None
HOA Fee: 150
HOA Fee Frequency: Monthly
HOA includes: Common Area Maintenance
HOA Name: TBD
Builder Name: TurnStyle Homes, LLC
Community Features: See Remarks
Construction Materials: HardiPlank Type, Stone
Cooling: Central Air
Faces: South
Directions: From 79 going East turn left onto 1660. Turn right onto Mager Ln. The property is on the left across from Hutto Elementary.
Elem School: Hutto
Elem School District: Hutto ISD
Fencing: Wood
#Fireplaces: 0
Flooring: Carpet, Vinyl
Foundation Details: Slab
Heating: Central
High School: Hutto
High School District: Hutto ISD
Levels: Two
Listing ID: 8431363
Listing Terms: Cash, Conventional, Texas Vet, VA Loan
SF Source: Builder
Lot Features: See Remarks
MLS Area Major: HU
Middle School: Hutto
Middle School District: Hutto ISD
Status: Active
Other Structures: None
Parcel#: 14167200000003
Patio And Porch Features: Front Porch
Pets Allowed: Cats OK, Dogs OK
Property Condition: New Construction
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 7562.32
Unit#: A2
Utilities: Cable Available, Electricity Available, Internet-Fiber, Sewer Available, Water Available
View: None
Water Source: Public
Waterfront Features: None
Window Features: Double Pane Windows
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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