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Renovated Duplex Multi-Family

1006/1008 Haynes Street San Marcos, TX 78666

Claim this Listing
For Sale
$354,690

MULTI_FAMILY - Craftsman - San Marcos, TX

Property size:
1,200 SF
Lot size:
0.28 Acres
Price / SF:
$295.58/SF
Added:
May 18, 2025
Days on Market:
423
Last Refresh:
Jul 14 at 8:06 am

Property Features for 1006/1008 Haynes Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
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
Composition, Shingle
Architectural style
Craftsman

Listing agent Katie Molina License #0765560

Listing office Monica & Company Real Estate 1920 Corporate Dr, Suite B201, San Marcos, TX

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.


Investment Insights

Based on property information with market context.

This listing offers ownership of one of four craftsman-style duplexes at 1006/1008 Haynes Street, San Marcos, Texas, with the option to purchase all four. The property provides duplex living with large fenced back yards, off-street parking, and an on-site storage building. Recent updates include interior and exterior paint, upgraded countertops and floors, new dishwashers, new roofs, new hot water heaters, and updated fixtures across the units.

The location is described as centrally located in San Marcos, with a half-mile walk to the spring-fed San Marcos River. The remarks also note walkability to Rio Vista Park, the Square, local eateries, and nearby activity.

For tenants, the combination of fenced outdoor space and off-street parking supports day-to-day convenience. For buyers, the duplex format provides straightforward income-producing living arrangements, including the option for owner occupancy by living in one side while renting the other. The seller indicates that purchase of one duplex or all four duplexes is available, making this a flexible fit for owner-operators or investors seeking a small multi-family portfolio.

Key Highlights

  • 1 of 4 duplexes for sale with 8 total units; purchase 1 or all 4
  • Recently renovated units with new dishwasher, updated fixtures, and new hot water heater
  • Interior and exterior updates include new paint, countertops, and floors

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 (±1% cap)
NOI $20,122 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$262.8K
$229.9K – $306.6K (±1% cap)
NOI $18,395 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$501.6K
$438.9K – $585.2K (±1% cap)
NOI $35,114 @ 7.0% cap · market cap 9.90%
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 Locksmith Carpet & Flooring Store Fish Market Acupuncture Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Buffet

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

FAQs

What type of property is this?
Duplex - Renovated duplex income property with fenced backyards and off-street parking in San Marcos.
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: 1 of 4 duplexes for sale with 8 total units; purchase 1 or all 4; Recently renovated units with new dishwasher, updated fixtures, and new hot water heater; Interior and exterior updates include new paint, countertops, and floors
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More about this property
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