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Craftsman Duplex with Private Fenced Yard
For Sale
$354,690

1006/1008 Haynes Street, San Marcos, TX 78666

MULTI_FAMILY - Craftsman - San Marcos, TX

Property Size1,200 SF
Lot Size0.28 Acres
Price / SF$295.58
Days on Market444

Property Features for 1006/1008 Haynes Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
Interior features CeilingFans, TubShower, GraniteCounters
Exterior features PrivateYard, Lighting
Appliances Dishwasher, ElectricRange, Refrigerator, RangeHood
Subdivision Rio Vista Terrace
Lot features City Lot, Less Than Quarter Acre
Elementary school district San Marcos Cisd
Middle school district San Marcos Cisd
High school district San Marcos Cisd
Directions Take Hopkins to Riverside. Then left on Haynes.
Standard status Active
APN R39176
Size 1,200 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description RIO VISTA TERRACE 57-106 LOT 2 BLK 6 QUINCY LEE A GEO#339430746370
Tax Annual Amount 4201
Legal Description RIO VISTA TERRACE 57-106 LOT 2 BLK 6 QUINCY LEE A GEO#339430746370

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

fenced back yard
storage building

Building Details

Floors in Building 1
Number of units 2
Flooring type Wood, Vinyl
Roof type Shingle, Composition
Architectural style Craftsman
Listing Agency: Monica & Company Real Estate
Listed By: Katie Molina · License #0765560
Added: May 18, 2025 Changed: Aug 2 Last Checked: Aug 4 at 7:06AM
MLS# 578454

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Craftsman duplex is being offered as one of four duplexes in a for-sale portfolio. The full portfolio totals eight units. The properties have been recently renovated with interior and exterior paint, updated countertops and flooring, a new dishwasher, and updated fixtures, plus major exterior improvements including a new roof and new hot water heater. Each unit features a large fenced back yard, off-street parking, and access to a storage building.

The duplex is located at 1006/1008 Haynes Street in San Marcos, Texas (Hays County). It is centrally located and within about a half-mile walk to the San Marcos River, with convenient proximity to Rio Vista Park, the Square, local eateries, and the area’s nightlife.

Interior amenities include central heating and central air, ceiling fans, tub/shower bathrooms, and granite counters. The roof is described as shingle/composition, and the home is served by public water.

Key Highlights

  • Offered as one duplex in a four‑duplex portfolio totaling 8 units
  • 0.2828 acres with a storage building on‑site
  • Recent renovations include new roof and new hot water heater

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 $30.2k $25.20
− Vacancy −$1.5k −$1.24
EGI $28.7k $23.96
− OpEx −$8.6k −$7.19
NOI $20.1k $16.77
1,200 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$287.5K
$251.5K – $335.4K (±1% cap)
NOI $20,122 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$262.8K
$229.9K – $306.6K (±1% cap)
NOI $18,395 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$501.6K
$438.9K – $585.2K (±1% cap)
NOI $35,114 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Fish Market Acupuncture Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,356
Businesses Nearby

Demographics for 78666, TX

86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Recently renovated Craftsman duplex with central HVAC, fenced back yards, and off-street parking.
Where is this duplex located?
The property is located at 1006/1008 Haynes Street San Marcos, TX.
What is the asking price?
The asking price for this property is $354,690.
What are key features of this property?
This property features: Offered as one duplex in a four‑duplex portfolio totaling 8 units; 0.2828 acres with a storage building on‑site; Recent renovations include new roof and new hot water heater
More about this property
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