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    Build-to-Rent Detached Home Portfolio Title is generated by Realmo AI

    99 Mager Ln Unit E1, Hutto, TX 78634

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    For Sale
    $2,513,400

    Eleven detached 2–3 bedroom homes with private yards and dedicated parking within a build-to-rent community.

    Type:General Commercial
    Property size:
    10,982 SF
    Price / SF:
    $228/SF
    Added:
    May 9, 2026
    Days on Market:
    38
    Last Refresh:
    Jun 15 at 2:44 am

    Property Features for 99 Mager Ln Unit E1

    General Information

    Standard status
    Active
    Size
    10,982 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    2026

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    Listing Contact
    Robert Fischer

    Listing agent Robert Fischer License #0538860

    Listing office Keller Williams Realty Lone Star

    Listing date May 9, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Lone Star

    HighLights

    • 11‑unit build‑to‑rent (BTR) portfolio within the Villas at Cottonwood Trail community
    • Detached 2–3 bedroom homes with private yards and dedicated parking
    • Home sizes range from 822–1,152 SF
    • Year built: 2026
    • Central air cooling and heating included (heating listed as “3”)
    • Parking: 22 private parking spaces

    Overview

    This offering presents an 11-unit build-to-rent portfolio within the Villas at Cottonwood Trail community. The homes are detached and designed for independent living, with private yards and dedicated parking for each residence. Floor plans are listed as 2 to 3 bedrooms and approximately 822 to 1,152 square feet, supporting a mix of household sizes. The community is also presented as suitable for flexible rental strategies, including long-term, mid-term, and short-term rentals.

    The property is located in Hutto, Texas, at 99 Mager Ln Unit E1 (address provided for the listing). The remarks note the portfolio is minutes from major employers including Samsung, Tesla, and Amazon, as well as major toll roads and highways including SH-130, Hwy 79, and I-35. The listing is positioned as part of a broader Villas at Cottonwood Trail community.

    For buyers and operators, this is a small-format build-to-rent acquisition with a uniform detached-home layout and on-site parking and yard features. It may also appeal to investors evaluating programmatic execution across a multi-unit portfolio, with the added note that additional acquisition opportunities are available, including a full 22-unit portfolio, smaller groupings, or individual units. Buyer to verify all information.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $322.9k $29.40
    − Vacancy −$16.8k −$1.53
    EGI $306.1k $27.87
    − OpEx −$137.7k −$12.54
    NOI $168.3k $15.33
    10,982 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.40M
    $2.10M – $2.81M (±1% cap)
    NOI $168,345 @ 7.0% cap · market cap 6.70%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $4.59M
    $4.02M – $5.36M (±1% cap)
    NOI $321,353 @ 7.0% cap · market cap 12.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hutto
    County
    Williamson
    State
    Texas
    Longitude
    -97.5392116
    Latitude
    30.5516206

    FAQs

    What type of property is this?
    Apartment building - Eleven detached 2–3 bedroom homes with private yards and dedicated parking within a build-to-rent community.
    Where is this apartment building located?
    The property is located at 99 Mager Ln Unit E1 Hutto, TX.
    What is the asking price?
    The asking price for this property is $2,513,400.
    What are key features of this property?
    This property features: 11‑unit build‑to‑rent (BTR) portfolio within the Villas at Cottonwood Trail community; Detached 2–3 bedroom homes with private yards and dedicated parking; Home sizes range from 822–1,152 SF
    More about this property
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