99 Mager Ln, Hutto, TX 78634
Local realty services provided by:ERA Colonial Real Estate



Listed by:robert fischer
Office:keller williams realty-rr
MLS#:5203518
Source:ACTRIS
99 Mager Ln,Hutto, TX 78634
$5,580,000
- - Beds
- - Baths
- 21,952 sq. ft.
- Multi-family
- Active
Price summary
- Price:$5,580,000
- Price per sq. ft.:$254.19
About this home
Rare Build-to-Rent Investment Opportunity – Villas at Cottonwood Trail, Hutto, TX! Secure all 22 stand-alone condos for $5.58M in one package deal. This boutique new community offers a turn-key build-to-rent portfolio with immediate scalability, high rental demand, and flexibility for long-term, mid-term, or short-term rentals (Airbnb, Vrbo, Booking.com). Expected rents range from $1,500–$1,900/month per unit for long-term leases, double for mid-term stays, and 2.5x + for STRs, supporting estimated gross annual rental income potential of $450K–$700K, equating to potential cap rates of 8–12%.
Strategically located minutes north of Austin with fast access to Hwy 79, SH-130, and I-35, the property is near Tesla Gigafactory, Samsung’s $17B chip plant, Dell Diamond, Kalahari Resort, major employers, schools, retail, and dining – ideal for capturing both permanent renters and short-term visitors. Each 2-3 bedroom unit features modern finishes, native low-maintenance landscaping, and exclusive parking, providing tenants with a desirable single-family rental experience rarely available at this price point.
Residents can walk to Hutto Elementary, Fritz Park, and Cottonwood Trail, connecting to miles of hike/bike paths, splash pads, playgrounds, athletic fields, tennis courts, and picnic areas – all boosting long-term value and tenant retention. This unique opportunity allows an investor to establish a boutique rental community with appreciating assets, strong cash flow, and the ability to diversify between VRBO, Booking.com, STR, MTR, and LTR strategies in a rapidly growing corridor. Zoning and builder approval already in place for STR operations. Rare chance to own a fully built portfolio of detached condos under $300K/unit with amenities and location tenants want. Don’t miss this high-yield, low-supply investment gem in booming Hutto! Buyer to verify all information and numbers.
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Home facts
- Year built:2025
- Listing Id #:5203518
- Updated:August 21, 2025 at 02:57 PM
Rooms and interior
- Living area:21,952 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:21,952 sq. ft.
Schools
- High school:Hutto
- Elementary school:Hutto
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,580,000
- Price per sq. ft.:$254.19
- Tax amount:$17,389 (2025)
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