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Renovated Duplex with Fenced Yards

1026 Haynes Street San Marcos, TX 78666

1026 Haynes Street, San Marcos, TX, 78666
$324,900
For Sale
$324,900

MULTI_FAMILY - San Marcos, TX

Property Size1,497 SF
Lot Size0.21 Acres
Price / SF$217.03
Days on Market470

Property Features for 1026 Haynes Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4
Interior features
CeilingFans, ShowerOnly, SeparateShower, TubShower, WindowTreatments, Pantry
Fencing
Privacy, Fenced
Appliances
Dishwasher, GasCooktop, Disposal, GasRange, MultipleWaterHeaters, Refrigerator, TanklessWaterHeater, SomeGasAppliances, Range
Standard status
Active
APN
R39259
Size
1,497 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
RIO VISTA TERRACE #2 57-199 LOT 7 BLK 9 QUINCY LEE ADDN GEO#339820746480
Tax Annual Amount
5751

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Electric
Water source
Public

Building Details

Year built
1964
Floors in Building
1
Number of units
2
Flooring type
Tile, Wood
Building materials
ShingleSiding
Roof type
Composition, Shingle
Listing agency Anders Pierce Realty, LLC
Listed by Justin Herbelin · License #0581963
Added: Apr 10, 2025 Updated: Jul 18 at 9:34AM Checked: Jul 23 at 1:06AM
MLS# 576121

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 recently renovated duplex is short-term rental capable and set up for separate unit living, with large backyards that are fully fenced and divided with a cross-fence between the two units. Mature tree canopies provide shade across the outdoor spaces.

One side is a 3/1 unit on a month-to-month arrangement, and the other side is a 2/1 unit leased through the end of July ’26.

The property is positioned near the San Marcos River, Vista Park, and the downtown playscape, offering a convenient central location within the Texas State University area rental market.

Key Highlights

  • Proven short‑term and long‑term rental income potential.
  • Prime location near San Marcos River, Vista Park, and downtown.
  • Recently renovated duplex.

Local 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 $37.7k $25.20
− Vacancy −$1.9k −$1.24
EGI $35.9k $23.96
− OpEx −$10.8k −$7.19
NOI $25.1k $16.77
1,497 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K (±1% cap)
NOI $25,103 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$327.8K
$286.9K – $382.5K (±1% cap)
NOI $22,948 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$625.8K
$547.6K – $730.1K (±1% cap)
NOI $43,805 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Short-term rental capable duplex with separate fenced backyards and units configured for 3/1 month-to-month and 2/1 lease.
Where is this duplex located?
The property is located at 1026 Haynes Street San Marcos, TX.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Proven short‑term and long‑term rental income potential.; Prime location near San Marcos River, Vista Park, and downtown.; Recently renovated duplex.
Contact an agent
More about this property
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