Renovated Duplex with Fenced
New
For Sale
$354,690
1006/1008 Haynes Street #7, San Marcos, TX 78666
Recent interior and exterior updates, a storage building, and off-street parking complement the fenced outdoor space.
Property Size1,200 SF
Price / SF$295.58
Days on Market3
Property Features for 1006/1008 Haynes Street #7
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi Family Home
Amenities
Ceiling Fan(s)
See Remarks
Tub Shower
Granite Counters
Private Yard
Lighting
Building Details
Building Size
1,200 SF
Units
2
Listing Agency:
Monica & Company Real Estate
(512) 667-9129
Listed By:
Katie Molina · License #0765560
(512) 618-5871
Source:
Bluebonnetrealty
Added: Nov 4
Last Checked: Nov 5 at 10:10PM
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
Ask AI about this property
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 recently received interior and exterior paint, new countertops and flooring, a dishwasher, a water heater, updated fixtures, and a new roof. A storage building, fenced backyard, and off-street parking are also included.
The property is about a half-mile walk from the San Marcos River, with Rio Vista Park, the Square, local restaurants, and nightlife also identified as walkable destinations. The address is 1006/1008 Haynes Street #7.
The property is about a half-mile walk from the San Marcos River, with Rio Vista Park, the Square, local restaurants, and nightlife also identified as walkable destinations. The address is 1006/1008 Haynes Street #7.
Key Highlights
- Recent upgrades include a new roof, water heater, dishwasher, countertops, flooring, paint, and fixtures
- Fenced backyard and off‑street parking
- Separate storage building
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.
How Realmo checks its estimates
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recent interior and exterior updates, a storage building, and off-street parking complement the fenced outdoor space.
Where is this duplex located?
The property is located at 1006/1008 Haynes Street #7 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: Recent upgrades include a new roof, water heater, dishwasher, countertops, flooring, paint, and fixtures; Fenced backyard and off‑street parking; Separate storage building
