99 MAGER LANE #A, HUTTO, TX 78634

Homes for sale in Hutto.

Homes for sale in 78634.


Active

List Price$5,000,000

99 Mager Lane #A

Hutto, TX 78634

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #3531437

59

Bedrooms

37 full, 6 partial

Bathrooms

21,772

Square Feet

House

Type

About This Property

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.

Property Features

Location Information

County

Williamson

Subdivision

Pinnelli-Mayberry Sub

County

Williamson

Directions

From HWY 79 turn onto N FM 1660, turn right onto Mager Ln. The property is on the left across from Hutto Elementary.

Area

HU

Interior Features

Interior

Interior Steps, Open Floorplan, Pantry, Storage

Floors

Carpet, Vinyl

Full Baths

37

Laundry

Inside, Laundry Room, Washer Hookup, Dryer Hookup, Stacked

1/2 Baths

6

Disabled Features

None

Number of Fireplaces

0

Appliances

Microwave, Oven

Heating

Central

Accessibility

None

Exterior Features

Style

HardiPlank Type, Stone

Water

Public

Stories

2

Parking Description

Private

Is New Construction

Yes

Garage Spaces

0

Construction/Exterior

HardiPlank Type, Stone

Fencing

Wood

Exterior

Lighting, Private Yard

Lot Size in Acres

1.01

Foundation

Slab

Waterfront Description

None

Possession

Closing & Funding

Has Waterfront

No

Water / Sewer

Public Sewer

View

Neighborhood

School

Elementary School District

Hutto ISD

Middle School

Hutto

Elementary School

Hutto

High School

Hutto

Additional Information

Roof/Attic

Shingle

Status

Active

Other Utilities

Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available

HOA Fee

$150

Property Type

SFR

HOA Frequency

Monthly

Property SubType

Other

Documents Available

See Remarks

Year Built

2026

Square Feet Source

Builder

APN

14167200000001

Mortgage Calculator

$23,349

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$18,017

Monthly Tax

$4,166

Monthly Insurance

$1,166

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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