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San Marcos Duplex For Sale

1101/1103 Haynes Street San Marcos, TX 78666

Claim this Listing
For Sale
$366,300

MULTI_FAMILY - Craftsman - San Marcos, TX

Property size:
1,473 SF
Lot size:
0.29 Acres
Price / SF:
$248.68/SF
Added:
May 18, 2025
Days on Market:
423
Last Refresh:
Jul 14 at 7:06 am

Property Features for 1101/1103 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
Appliances
Dishwasher, ElectricRange, Refrigerator, RangeHood
Standard status
Active
APN
R39293
Size
1,473 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
RIO VISTA TERRACE #2 60-1 LOT 1 BLK 11 QUINCY LEE ADDN GEO#338910746920
Tax Annual Amount
5659

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# 578460 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 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. All duplexes have been recently renovated, including interior and exterior paint, countertops, floors, and fixtures, as well as a new HVAC system and an exterior storage building. Each unit features a fenced backyard, which is highly desirable to renters, and off-street parking. The location allows for easy walking access to the San Marcos River, Rio Vista Park, the Square, local eateries, and the vibrant nightlife. The property size is 1473 square feet and the lot size is 0.2856 acres. Consider owner occupancy while building equity by renting one side and living in the other.

Key Highlights

  • Rare opportunity to own a renovated duplex in a prime location.
  • Walking distance to the San Marcos River, Rio Vista Park, the Square, and local amenities.
  • Recently renovated interiors and exteriors, including new HVAC.

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 $37.1k $25.20
− Vacancy −$1.8k −$1.24
EGI $35.3k $23.96
− OpEx −$10.6k −$7.19
NOI $24.7k $16.77
1,473 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$352.9K
$308.8K – $411.7K (±1% cap)
NOI $24,700 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.3K (±1% cap)
NOI $22,580 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$615.8K
$538.8K – $718.4K (±1% cap)
NOI $43,103 @ 7.0% cap · market cap 11.77%
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 Florist Fish Market (Bike/Boat/Book/etc) Store Tanning Salon

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

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 1101/1103 Haynes Street San Marcos, TX.
What is the asking price?
The asking price for this property is $366,300.
What are key features of this property?
This property features: Rare opportunity to own a renovated duplex in a prime location.; Walking distance to the San Marcos River, Rio Vista Park, the Square, and local amenities.; Recently renovated interiors and exteriors, including new HVAC.
Contact an agent
More about this property
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