Hutto, TX 78634 (Williamson County)
About this property
Rare opportunity to acquire a 22-unit build-to-rent (BTR) portfolio in Hutto, TX, offered at $5,000,000 (~$227K/unit). Villas at Cottonwood Trail features 22 detached 2–3 bedroom homes (822–1,152 SF) with private yards and dedicated parking, 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.
Property details
Location
About the Area
99 Mager Ln #A is located in Hutto, Texas, in Williamson County. Williamson County is the northern anchor of the Austin metro, encompassing Round Rock, Georgetown, Cedar Park, and Leander, communities that have experienced some of the fastest residential growth in the nation over the past decade. The county's western edge retains significant ranch and acreage character as the Hill Country transitions to the urban core.
The San Gabriel River flows through Georgetown and the northern reaches of the county. The terrain transitions from the limestone hills of the western county to the Blackland Prairie in the east. Stillhouse Hollow Lake on the Lampasas River sits on the Williamson-Bell county boundary, offering recreation within easy reach of the northern suburbs.
Hutto had an estimated population of 32,188 as of 2023. The 78634 zip code has a median household income of $111,227, a median home value of $334,200, and a median age of 35.6. The average household size is 2.91 people.
Major employers include Dell Technologies (headquartered in Round Rock), Amazon, healthcare systems, and a massive retail and service sector supporting one of Texas's most affluent suburban populations. Georgetown consistently ranks among the fastest-growing cities in America, and the county's western acreage properties attract buyers seeking rural character with urban access.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Realty-RR.