Updated Duplex with Two 2BR
1103 Hillyer Street San Marcos, TX 78666
New
For Sale
$325,000
MULTI_FAMILY - Other - San Marcos, TX
Property Size1,760 SF
Lot Size0.23 Acres
Price / SF$184.66
Days on Market1
Property Features for 1103 Hillyer Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
- Vegetation
- Wooded
- Interior features
- CeilingFans, LaminateCounters, TubShower, GraniteCounters
- Appliances
- ElectricCooktop, ElectricWaterHeater, Oven, Refrigerator, SomeElectricAppliances
- Standard status
- Active
- APN
- R47741
- Size
- 1,760 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WESTOVER, BLOCK 42, LOT 558 & SW 1/2 OF 559
- Tax Annual Amount
- 4982
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Linoleum
- Building materials
- Masonry, WoodSiding
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency:
Clark Real Estate Agency
(512) 470-9955
Listed By:
Richard Clark · License #0558014
(512) 470-9955
Added: Jul 23
Last Checked: Jul 23 at 7:06PM
MLS# 620366
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 updated duplex offers two separate two-bedroom, one-bath units. Recent improvements include a new roof in 2025 and new exterior paint in 2025, along with flooring without carpet for easier maintenance. Unit B was extensively remodeled in 2025 and features wood-look flooring, granite kitchen countertops, updated fixtures, and fresh interior paint.
The property is located at 1103 Hillyer Street in San Marcos, TX, on a private driveway in a quiet, secluded setting.
Unit A is currently available for rent, and the unit also has fresh interior paint and wood-look flooring, along with a front deck. Unit B’s 2025 updates include refreshed interior finishes and an updated kitchen presentation.
The property is located at 1103 Hillyer Street in San Marcos, TX, on a private driveway in a quiet, secluded setting.
Unit A is currently available for rent, and the unit also has fresh interior paint and wood-look flooring, along with a front deck. Unit B’s 2025 updates include refreshed interior finishes and an updated kitchen presentation.
Key Highlights
- Updated duplex built in 1996 with two 2‑bedroom, 1‑bath units
- New roof (2025) and new exterior paint (2025)
- Unit B remodeled in 2025 with wood‑look flooring, granite kitchen countertops, fresh interior paint, and updated fixtures
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 | $44.4k | $25.20 |
| − Vacancy | −$2.2k | −$1.24 |
| EGI | $42.2k | $23.96 |
| − OpEx | −$12.6k | −$7.19 |
| NOI | $29.5k | $16.77 |
1,760 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.6K
$368.9K – $491.9K
NOI $29,513 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$385.4K
$337.2K – $449.7K
NOI $26,979 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$735.7K
$643.8K – $858.4K
NOI $51,501 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex includes two two-bedroom, one-bath units with recent exterior and roof improvements.
Where is this duplex located?
The property is located at 1103 Hillyer Street San Marcos, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Updated duplex built in 1996 with two 2‑bedroom, 1‑bath units; New roof (2025) and new exterior paint (2025); Unit B remodeled in 2025 with wood‑look flooring, granite kitchen countertops, fresh interior paint, and updated fixtures
