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Renovated Duplex Portfolio

1017/1019 Haynes Street San Marcos, TX 78666

Claim this Listing
For Sale
$359,010

MULTI_FAMILY - Craftsman - San Marcos, TX

Property size:
1,300 SF
Lot size:
0.28 Acres
Price / SF:
$276.16/SF
Added:
May 18, 2025
Days on Market:
423
Last Refresh:
Jul 14 at 8:06 am

Property Features for 1017/1019 Haynes Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 4
Interior features
CeilingFans, TubShower, GraniteCounters
Exterior features
PrivateYard, Lighting
Appliances
Dishwasher, ElectricRange, Refrigerator, RangeHood
Standard status
Active
APN
R39176
Size
1,300 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
Wood, Vinyl
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# 578104 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 offering includes one of four duplex properties with a total of eight residential units. The duplexes have been recently renovated, including new interior and exterior paint, updated countertops, floors, and fixtures. Additional improvements include new HVAC systems and an exterior storage building on the property.

The duplexes are described as centrally located in San Marcos, with a half-mile walk to the spring-fed San Marcos River. The remarks also indicate walkability to Rio Vista Park, the Square, local eateries, and surrounding activity in the area.

The updated unit finishes, new HVAC, and exterior storage are practical for tenants and operators seeking lower immediate capital needs. Each unit also features a large fenced backyard and off-street parking, which can support day-to-day livability and tenant satisfaction. Buyers have the option to purchase a single duplex or acquire all four duplexes as a combined portfolio, depending on their ownership goals and operating approach.

Key Highlights

  • 8 total units across 4 duplexes in San Marcos
  • Recently renovated with new HVAC plus interior/exterior paint, countertops, floors, and fixtures
  • Each unit offers a large fenced back yard and off‑street parking

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 $32.8k $25.20
− Vacancy −$1.6k −$1.24
EGI $31.1k $23.96
− OpEx −$9.3k −$7.19
NOI $21.8k $16.77
1,300 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$311.4K
$272.5K – $363.3K (±1% cap)
NOI $21,799 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$284.7K
$249.1K – $332.1K (±1% cap)
NOI $19,928 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$543.4K
$475.5K – $634.0K (±1% cap)
NOI $38,040 @ 7.0% cap · market cap 10.60%
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 Carpet & Flooring Store Locksmith Acupuncture Daycare Center Fish Market (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store

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

FAQs

What type of property is this?
Duplex - Four renovated duplexes totaling eight units, each with fenced backyards and off-street parking.
Where is this duplex located?
The property is located at 1017/1019 Haynes Street San Marcos, TX.
What is the asking price?
The asking price for this property is $359,010.
What are key features of this property?
This property features: 8 total units across 4 duplexes in San Marcos; Recently renovated with new HVAC plus interior/exterior paint, countertops, floors, and fixtures; Each unit offers a large fenced back yard and off‑street parking
Contact an agent
More about this property
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