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$5,000,000

For Sale

4 months ago

A2 - 99 Mager Ln, Hutto, TX

House

MLS® 8431363

0 Bed

0 Bath

21772 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 21772 sqft
Garage 
Taxes $7,562
Days Active 107
Lot Size 2.947 Acres
Approx. Age 2026
Avg. Price Per Sqft $229
MLS® Number 8431363

Property Address: a2-99 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® Number8431363
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
Basement
DrivewayPrivate
Garage Spaces
HeatCentral
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$5,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
99 Mager Ln, Hutto, TX

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