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Renovated Duplex with Fenced Yard
New
For Sale
$350,280

1005/1007 Haynes Street #7, San Marcos, TX 78666

Updated interiors and exterior, private outdoor space, and off-street parking serve the property’s two residences.

Property Size1,273 SF
Price / SF$275.16
Days on Market3

Property Features for 1005/1007 Haynes Street #7

General Information

Standard status Active
Size 1,273 SF
Property subtype Multi Family Home

Amenities

Ceiling Fan(s)
See Remarks
Tub Shower
Granite Counters
Private Yard
Lighting

Building Details

Building Size 1,273 SF
Units 1
Listing Agency: Monica & Company Real Estate
Listed By: Katie Molina · License #0765560
Source: Bluebonnetrealty
Added: Nov 4 Last Checked: Nov 5 at 10:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monica & Company Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This San Marcos duplex has a reported property size of 1,273 square feet. Recent work includes new interior and exterior paint, countertops, flooring, and fixtures. The property also includes a fenced backyard and off-street parking.

The San Marcos River is approximately a half-mile walk away. Rio Vista Park, the Square, local restaurants, and nightlife are also identified as walkable destinations.

Key Highlights

  • Recent updates include paint, countertops, flooring, and fixtures
  • Fenced backyard
  • Off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,346
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,920 $426.9K
Cap Rate 7%
$304,943 $304.9K
Cap Rate 9%
$237,178 $237.2K
Market Conditions
NOI Build-Up for 1,273 SF
Gross rent
$32.1K $25.20/SF
− Vacancy
−$1.6K −$1.24/SF
EGI
$30.5K $23.96/SF
− OpEx
−$9.1K −$7.19/SF
NOI
$21.3K $16.77/SF
Area
Hays County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,920
Cap Rate 7%
$304,943
Cap Rate 9%
$237,178

Alternative Uses

Best Use
Multifamily LT 5
$304.9K
$266.8K – $355.8K (±1% cap)
NOI $21,346 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.2K (±1% cap)
NOI $19,514 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$532.1K
$465.6K – $620.8K (±1% cap)
NOI $37,250 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,255
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated interiors and exterior, private outdoor space, and off-street parking serve the property’s two residences.
Where is this duplex located?
The property is located at 1005/1007 Haynes Street #7 San Marcos, TX.
What is the asking price?
The asking price for this property is $350,280.
What are key features of this property?
This property features: Recent updates include paint, countertops, flooring, and fixtures; Fenced backyard; Off‑street parking
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