Renovated Duplex with Fenced
For Sale
$354,690
1006/1008 Haynes Street, San Marcos, TX 78666
Residential, San Marcos, TX
Property Size1,200 SF
Lot Size0.28 Acres
Price / SF$295.58
Days on Market518
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, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4
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
(512) 667-9129
Listed By:
Katie Molina · License #0765560
(512) 618-5871
Added: May 18, 2025
Changed: Sep 13
Last Checked: Oct 17 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,200-square-foot duplex at 1006/1008 Haynes Street includes two residential units with four bedrooms and two bathrooms overall. Recent work includes interior and exterior paint, countertops, flooring, updated fixtures, dishwashers, a replacement roof, and a new hot water heater. Each unit has a large fenced backyard, while the property also provides off-street parking and a storage building. Central heating and air conditioning, granite counters, ceiling fans, and vinyl and wood flooring are among the existing features.
The property is in San Marcos, within a half-mile walk of the San Marcos River. Rio Vista Park, the Square, local restaurants, and nightlife are also identified as walkable destinations. The offering is one of four duplexes totaling eight units, with an owner-occupancy option referenced for a buyer seeking to live in one side while leasing the other.
The property is in San Marcos, within a half-mile walk of the San Marcos River. Rio Vista Park, the Square, local restaurants, and nightlife are also identified as walkable destinations. The offering is one of four duplexes totaling eight units, with an owner-occupancy option referenced for a buyer seeking to live in one side while leasing the other.
Key Highlights
- One of four duplexes offered, representing 2 units within an 8‑unit group
- 1,200 square feet on 0.2828 acres
- Recent improvements include paint, countertops, flooring, fixtures, roof, and hot water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,122
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,440
$402.4K
Cap Rate 7%
$287,457
$287.5K
Cap Rate 9%
$223,578
$223.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$30.2K $25.20/SF
− Vacancy
−$1.5K −$1.24/SF
EGI
$28.7K $23.96/SF
− OpEx
−$8.6K −$7.19/SF
NOI
$20.1K $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%
$402,440
Cap Rate 7%
$287,457
Cap Rate 9%
$223,578
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated interiors, private outdoor space, 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: One of four duplexes offered, representing 2 units within an 8‑unit group; 1,200 square feet on 0.2828 acres; Recent improvements include paint, countertops, flooring, fixtures, roof, and hot water heater
