99 Mager Ln A1 Hutto, TX 78634

This is a rare opportunity to acquire a 22-unit build-to-rent portfolio in Hutto, TX. The Villas at Cottonwood Trail features 22 detached homes with two to three bedrooms, ranging in size from 822 to 1,152 square feet. Each home includes private yards and dedicated parking. The property is strategically located minutes from Samsung, Tesla, Amazon, and major toll roads including SH-130, Hwy 79, and I-35. This location benefits from rapid population growth and major employment drivers. The property supports flexible rental strategies including long-term, mid-term, and short-term rentals. Current underwriting reflects a projected gross income of approximately $436,500 for long-term rentals with a net operating income of approximately $302,070, representing a 6.03% capitalization rate. A mid-term rental strategy projects approximately $736,800 gross income with a net operating income of approximately $380,512, representing a 7.60% capitalization rate. A blended approach projects approximately $341,291 net operating income, representing approximately a 6.8% capitalization rate. Average rents are approximately $1,653 per month for long-term rentals and $2,047 per month for mid-term rentals. The property is available as a full 22-unit portfolio or partial acquisition options including 11-unit, 4-unit, 2-unit groupings, or individual units. The bike score is 38, indicating it is somewhat bikeable, and the walk score is 45, indicating it is car-dependent.