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 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.
21,772 Sq Ft
2.947 Private Acres Lot Size
investment
$150 Monthly Maintenance/CC
$630 Monthly Tax
Built in 2026
MLS/Listing ID 8431363
2 Stories
3 Units
Shingle
Double Pane Windows
Front Porch
Parking - Private
Dryer Hookup
Inside
Laundry Room
Stacked
Washer Hookup
Interior Steps
Open Floor Plan
Pantry
Storage
Slab
Carpet
Vinyl
Wood
Lighting
Private Yard
Cooling - Central Air
Construction - Hardi Plank Type
Construction - Stone
Microwave
Oven
Public Sewer
Public Water
Pets Allowed
TOTAL MONTHLY COST
$0
$0
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