Rare opportunity to acquire a 22-unit build-to-rent (BTR) portfolio in Hutto, TX, offered at $5,000,000 (~$227K/unit)-a substantial discount to its recent appraised value of $5,548,700 (~10% below appraisal), providing immediate built-in equity. Villas at Cottonwood Trail features 22 detached 2-3 bedroom homes (822-1,152 SF) with private yards, dedicated parking and potential options for a front courtyard and covered carport. 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.
| MLS # | 8431363 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $150 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 115 |
| Listing Provided By | Keller Williams Realty Lone Star | Robert Fischer |
| SQ Feet | 21,772 |
|---|---|
| Story(s) | 2 |
| Acreage | 2.95 |
| Water Front | Yes |
| Property View | None |
| Interior Features | Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Microwave, Oven |
| Fireplaces Total | 0 |
| Window Features | Double Pane Windows |
| Flooring | Carpet, Vinyl |
| Exterior Features | Lighting, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab |
| Lot Features | See Remarks |
| Patio And Porch Features | Front Porch |
| Fencing | Wood |
| Construction Materials | Hardi Plank Type, Stone |
| Security Features | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Parking Features | Private |
|---|---|
| Garage Spaces | 0 |
| Utilities | Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 7562 |
|---|
| State | TX |
|---|---|
| County | Williamson |
| City | Hutto |
| Zip Code | 78634 |
| Area | HU |
| Community Name | Pinnelli Mayberry Sub |
| School District | Hutto ISD |
| Elementary School | Hutto |
| High School | Hutto |
| Listing VS Median (in Pinnelli Mayberry Sub) | |
Price: $5,000,000 low | high Med: $1,714,000 sqft: 21,772 low | high Med: 7,502 $ / sqft: $230 low | high Med: $228 On site: 115 low | high Med: 115 | |
| State | TX |
|---|---|
| County | Williamson |
| City | Hutto |
| Zip Code | 78634 |
| Area | HU |
| Community Name | Pinnelli Mayberry Sub |
| School District | Hutto ISD |
| Elementary School | Hutto |
| High School | Hutto |
| Listing VS Median (in Pinnelli Mayberry Sub) | |
Price: $5,000,000 low | high Med: $1,714,000 sqft: 21,772 low | high Med: 7,502 $ / sqft: $230 low | high Med: $228 On site: 115 low | high Med: 115 | |