— bed, — bath, 21,772 sqft on 2.95 acres in Hutto. Hutto, TX 78634. $5,000,000. Hutto ISD.
About This Home
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 $2,047/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.
Villas at Cottonwood Trail in Hutto represents a rare opportunity to acquire a fully stabilized 22-unit build-to-rent portfolio priced at $5,000,000, roughly $227,000 per unit-approximately 10% below its recent appraisal of $5,548,700. This strategic discount provides immediate built-in equity in one of Texas's fastest-growing residential submarkets.
The property sits in the Pinnelli-Mayberry subdivision in Hutto, Williamson County, positioned minutes from three major employment anchors that are reshaping North Texas demographics: Samsung's massive semiconductor facility, Tesla's manufacturing operations, and Amazon's logistics network. Highway 79, SH-130, and I-35 connectivity means residents and tenants have direct access to these high-wage employment centers, which directly supports rental demand and long-term tenant retention rates that exceed regional averages.
This is a purpose-built, income-generating community designed for operational efficiency. The portfolio comprises 22 detached homes, each featuring 2-3 bedrooms across 822 to 1,152 square feet, with private yards and dedicated parking-a floor plan that resonates with both long-term renters and mid-term lease seekers. Current projections show gross income potential of $436,500 under long-term rental strategy with net operating income of $302,070 (6.03% cap rate). Mid-term rental modeling projects $736,800 gross with $380,512 NOI (7.60% cap). A blended approach yields approximately $341,291 NOI at a 6.8% cap rate. Average monthly rents stabilize at $1,653 for long-term leases and $2,047 for mid-term agreements.
The portfolio's flexibility is its core strength. Buyers can acquire the full 22-unit community or structure partial acquisitions in 11-unit, 4-unit, 2-unit, or single-unit configurations. This modular approach allows capital deployment at various scales while maintaining the operational infrastructure and vendor relationships that drive margins. Properties are HardiPlank construction with stone detailing, vinyl and carpet flooring, open floorplans, stackable washer-dryer connections, and front porches-finishes that appeal across tenant demographics and require manageable turnover maintenance.
Hutto ISD serves the community, with enrollment growth tracking directly to corporate relocation patterns at nearby employment centers. The school district's capacity expansion aligns with the region's population trajectory, supporting stable family demographics among long-term renters.
Acquisition of this portfolio now positions investors ahead of the next wave of North Austin suburban intensification, with execution-ready operations and proven income models already in place.
The numbers behind this insight
- Offered at
- $5,000,000
- Listed
- May 7, 2026
- Asking price per sq ft
- $230
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 21, 2026.
- Property Type
- Residential Income
- Year Built
- 2026
- Lot Size
- 2.95 acres
- Price / Sq Ft
- $230
- HOA
- $150/mo
Listing information last updated August 26, 2026.
Listed by Keller Williams Realty Lone Star
MLS# 8431363 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Interior Steps
- Open Floorplan
- Pantry
- Stackable W
- D Connections
- Storage
- Microwave
- Oven
- Carpet
- Vinyl
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Lighting
- Private Yard
- Hardi
- Plank Type
- Stone
- Wood
- Slab
- Front Porch
- Roof
- Shingle
- Lot Size
- 2.95 Acres
- Private
Financial
- HOA Fee
- $150 / mo
- Original List Price
- $5,000,000
- Price per Sq Ft
- $230
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 99 Mager LN Unit #A2, whoever represented it.
- ActiveListed 2026Current price: $5,000,000Original list: $5,000,000MLS 8431363
- Listed · May 7, 2026$5,000,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $5,000,000
- Original list
- $5,000,000
- Price movement
- No verified reduction
- Listed / DOM
- May 7, 2026 · 167 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $804,888
- Assessment Year
- 2025
- Parcel ID
- R-14-1672-0000-0001
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+0.0% | — | $804,888 | $804,888 | — |
2025 | — | $804,888 | $804,888 | — |
Zoned Schools
Hutto ISD
Hutto
Hutto
Hutto
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($1.0M)
Adjustable assumption - not a lending recommendation.
$5,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on Hutto pricing, timing, and property scale. No automated valuation claim.
List price
$5,000,000
Price per sqft
$230/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
167 days
Original to current
No verified reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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