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Balak Mariappan

reachbalakm@gmail.com +1(503) 880-5881

$5,000,000

Est. payment - /mo

59 Beds

43 Baths

21,772 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 21,772 sqft

Price per Sqft $229

Subdivision Pinnelli-Mayberry Sub

MLS Listing ID 3531437

Bedrooms 59

Full Baths 37

Half Baths 6

HOA Fees $150/mo

HOA Y/N Yes

Year Built 2026

Annual Tax Amount $17,389

Tax Year 2025

Lot Size 1.010 Acres

Acres 1.0098

Property Sub-Type See Remarks

Source actris

Property Description

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.

Location

State TX

County Williamson

Area Hu

Rooms

Main Level Bedrooms 15

Interior

Interior Features Interior Steps, Open Floorplan, Pantry, Stackable W/D Connections, Storage

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace Y

Appliance Microwave, Oven

Exterior

Exterior Feature Lighting, Private Yard

Fence Wood

Pool None

Community Features Common Grounds, Courtyard, Park, Picnic Area, Playground, Suburban, Trail(s)

Utilities Available Electricity Available, High Speed Internet, Sewer Available, Water Available

Waterfront Description None

View Neighborhood

Roof Type Shingle

Accessibility None

Porch Front Porch

Total Parking Spaces 44

Private Pool No

Building

Lot Description Back Yard, Front Yard, Level, Native Plants

Faces South

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type,Stone

New Construction Yes

Schools

Elementary Schools Hutto

Middle Schools Hutto

High Schools Hutto

School District Hutto Isd

Others

Restrictions Deed Restrictions

Ownership Fee-Simple

Acceptable Financing Cash, Conventional, FHA, Texas Vet, VA Loan

Tax Rate 2.1604

Listing Terms Cash, Conventional, FHA, Texas Vet, VA Loan

Special Listing Condition Standard

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Listed by Keller Williams Realty Lone Star • Robert Fischer

NEARBY SCHOOL & BUSINESS

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Balak Mariappan

+1(503) 880-5881

99 Mager LN #A Hutto, TX 78634

Balak Mariappan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION