1005/1007 Haynes Street, San Marcos, TX 78666
MULTI_FAMILY - Craftsman - San Marcos, TX
Property Features for 1005/1007 Haynes Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Set on a 0.2828-acre lot, the property is centrally located in San Marcos. It is described as a half-mile walk to the spring-fed San Marcos River, with walkable access to Rio Vista Park and the Square.
Most units are leased through 2025. Public utilities include public water, with a shingle composition roof. Common materials and finishes include wood and vinyl flooring, plus appliances such as dishwasher, electric range, refrigerator, and range hood.
Key Highlights
- 1 of 4 Craftsman duplexes totaling 8 total units
- Recently renovated interior and exterior paint, countertops, floors, and fixtures
- 0.2828‑acre lot with fenced back yards and off‑street parking
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.1k | $25.20 |
| − Vacancy | −$1.6k | −$1.24 |
| EGI | $30.5k | $23.96 |
| − OpEx | −$9.1k | −$7.19 |
| NOI | $21.3k | $16.77 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78666, TX
Market
Vacancy Rate% for Multifamily in South region