99 Mager LN #A2, Hutto, TX 78634
99 Mager LN #A2, Hutto, TX 78634
99 Mager LN #A2, Hutto, TX 78634
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Pascal Munnelly

Pascal Munnelly

+1(512) 619-4332
$5,000,000
Est. payment /mo
21,772 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 21,772 sqft

Price per Sqft $229

Subdivision Pinnelli-Mayberry Sub

MLS Listing ID 8431363

HOA Fees $100/mo

HOA Y/N Yes

Year Built 2026

Annual Tax Amount $7,562

Tax Year 2025

Lot Size 2.947 Acres

Acres 2.947

Property Sub-Type Triplex

Source actris

Property 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.

Location

State TX

County Williamson

Interior

Interior Features Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace No

Appliance Microwave, Oven

Exterior

Exterior Feature Lighting, Private Yard

Fence Wood

Community Features See Remarks

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

Waterfront Description None

View None

Roof Type Shingle

Porch Front Porch

Total Parking Spaces 44

Building

Lot Description See Remarks

Faces South

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type,Stone

New Construction Yes

Schools

Elementary Schools Hutto

Middle Schools Hutto

High Schools Hutto

School District Hutto Isd

Others

Pets Allowed Cats OK, Dogs OK

HOA Fee Include Common Area Maintenance

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Listed by Keller Williams Realty-RR

Nearby Locations

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Pascal Munnelly

Pascal Munnelly

+1(512) 619-4332

Broker Associate | License ID: 637338

Broker Associate License ID: 637338

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