San Marcos Duplex: Renovated
1006/1008 Haynes Street, San Marcos, TX 78666
MULTI_FAMILY - Craftsman - San Marcos, TX
Property size:
1,200 SFLot size:
0.28 AcresPrice / SF:
$295/SF- Added:
- May 18, 2025
- Days on Market:
- 378
- Last Refresh:
- May 30 at 1:06 am
Property Features for 1006/1008 Haynes Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
- Interior features
- CeilingFans, TubShower, GraniteCounters
- Exterior features
- PrivateYard, Lighting
- Appliances
- Dishwasher, ElectricRange, Refrigerator, RangeHood
- 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
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Roof type
- Shingle, Composition
- Architectural style
- Craftsman
Listing agent Katie Molina License #0765560 (512) 618-5871
Listing office Monica & Company Real Estate 1920 Corporate Dr, Suite B201, San Marcos, TX (512) 667-9129
Listing date May 18, 2025
MLS# 578454
Listing URL
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.
HighLights
- Rare opportunity to own a renovated duplex (or multiple) in a prime location.
- Walking distance to the San Marcos River, Rio Vista Park, the Square, restaurants, and nightlife.
- Recently renovated with new interior and exterior paint, countertops, floors, dishwasher, roof, and hot water heater.
- Each unit features a large, fenced backyard and off‑street parking.
- Granite countertops and updated fixtures.
- Potential for owner occupancy while renting the other unit.
Overview
This is a rare opportunity to own one of four duplexes for sale, comprising eight total units centrally located in San Marcos, Texas. The property is situated just a half-mile walk from the spring-fed San Marcos River. The duplexes have been recently renovated, including interior and exterior paint, countertops, floors, a new dishwasher, a new roof, a new hot water heater, and updated fixtures, plus a storage building. All units feature a large fenced backyard, which is highly desirable to renters, as well as off-street parking. The location allows for easy walking access to the San Marcos River, Rio Vista Park, the Square, local eateries, and vibrant nightlife. The property is situated on a lot of 0.2828 acres and the property size is 1200 square feet. Consider owner occupancy while building equity by renting one side and living in the other.
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 | $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
NOI $20,122 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$262.8K
$229.9K – $306.6K
NOI $18,395 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$501.6K
$438.9K – $585.2K
NOI $35,114 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- San Marcos
- County
- Hays
- State
- Texas
- Longitude
- -97.929386
- Latitude
- 29.882513
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Recently renovated duplex near San Marcos River. Great investment opportunity.
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: Rare opportunity to own a renovated duplex (or multiple) in a prime location.; Walking distance to the San Marcos River, Rio Vista Park, the Square, restaurants, and nightlife.; Recently renovated with new interior and exterior paint, countertops, floors, dishwasher, roof, and hot water heater.
