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.
81 days
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77
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Zillow last checked:
Listing updated:
Listed by:
Robert Fischer(512) 994-0247,
Keller Williams Realty Lone Star(512) 994-0247
Source: Unlock MLS,MLS#: 8431363
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 59
Bathrooms: 50
Rooms
Room types: Primary Bedroom, Bedroom, Bathroom, Kitchen, Living Room
Heating
Central
Cooling
Central Air
Appliances
Included: Microwave, Oven
Features
Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage
Flooring: Carpet, Vinyl
Windows: Double Pane Windows
Interior area
Total interior livable area: 21,772 sqft
Property
Parking
Parking features: Private
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Patio & porch: Front Porch
Exterior features: Lighting, Private Yard
Fencing: Wood
Has view: Yes
View description: None
Waterfront features: None
Lot
Size: 2.95 Acres
Features: See Remarks
Details
Additional structures: None
Parcel number: 14167200000003
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Foundation: Slab
Roof: Shingle
Condition
New Construction
New construction: Yes
Year built: 2026
Details
Builder name: TurnStyle Homes, LLC
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Internet-Fiber, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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