Build-to-Rent Detached Home
For Sale
$2,513,400
99 Mager Ln Unit E1, Hutto, TX 78634
Eleven detached 2–3 bedroom homes with private yards and dedicated parking within a build-to-rent community.
Property Size10,982 SF
Price / SF$228.87
Days on Market80
Property Features for 99 Mager Ln Unit E1
General Information
Standard status
Active
Size
10,982 SF
Property subtype
General Commercial
Additional Details
Highway Access
Yes
Multifamily Units
11
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
Keller Williams Realty Lone Star
(512) 994-0247
Listed By:
Robert Fischer · License #0538860
(512) 994-0247
Source:
Xome
Added: May 12
Changed: Jul 10
Last Checked: Jul 30 at 2:56AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
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
NOI $321,353 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 78634, TX
37,951
Population
15,322
Households
2.5
Avg Household Size
33
Median Age
35%
College-Educated
93%
High-School Grad
56.4 sq mi
ZIP Area
673
Density / Sq Mi
$111,227
Median Household Income
$52,649
Median Earnings
$2,024
Median Rent
$334,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
