Duplex With Back Patios and Fenced
For Sale
$399,000
318 Craddock Avenue, San Marcos, TX 78666
MULTI_FAMILY - Other - San Marcos, TX
Property Size2,046 SF
Lot Size0.25 Acres
Price / SF$195.01
Days on Market162
Property Features for 318 Craddock Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking features
Garage
Interior features
AllBedroomsDown, CeilingFans, GraniteCounters, Storage, WalkInClosets, BreakfastArea, EatInKitchen, KitchenDiningCombo
Appliances
Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, WaterHeater, SomeElectricAppliances, Range
Subdivision
Hughson Heights I
Lot features
City Lot, Level, Mature Trees, Quarter To Half Acre Lot
Elementary school district
San Marcos Cisd
Middle school district
San Marcos Cisd
High school district
San Marcos Cisd
Directions
Take RR 12 to Craddock and home is on the corner of Craddock and Algarita.
Standard status
Active
APN
R32271
Size
2,046 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HUGHSON HEIGHTS I LOT 8 BLK C GEO#329260752080
Tax Annual Amount
6002
Legal Description
HUGHSON HEIGHTS I LOT 8 BLK C GEO#329260752080
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
back patios
fenced backyard
front porches
Building Details
Year built
1975
Floors in Building
1
Number of units
2
Flooring type
Granite, Linoleum, Laminate, Carpet, Tile
Building materials
Brick, Masonry
Roof type
Shingle, Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Coldwell Banker D'Ann Harper,
(830) 608-5400
Listed By:
Mary Evans · License #0430121
(512) 753-6311
Added: Feb 23
Changed: Aug 2
Last Checked: Aug 4 at 4:06AM
MLS# 603199
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 duplex features back patios for each unit, a fenced backyard, and front porches. Vinyl wood flooring appears in both units, along with updates in the kitchens and baths. Interior touches include granite counters, walk-in closets, ceiling fans, and a breakfast area/eat-in kitchen setup. Central heating and central air serve the homes, and both units have newer A/C units and a newer roof. Built in 1975 with brick/masonry construction materials, the property includes public water and public sewer, and each unit has garage parking.
The property sits on a 0.249-acre lot with a total size of 2,046 square feet. The duplex layout includes multiple bedrooms and bathrooms across the two units, with ceiling fans, storage, and walk-in closets included among the interior features.
The overall configuration and the recent exterior and mechanical updates support an owner-occupant or rental-focused plan, with each unit having its own outdoor space for day-to-day use.
The property sits on a 0.249-acre lot with a total size of 2,046 square feet. The duplex layout includes multiple bedrooms and bathrooms across the two units, with ceiling fans, storage, and walk-in closets included among the interior features.
The overall configuration and the recent exterior and mechanical updates support an owner-occupant or rental-focused plan, with each unit having its own outdoor space for day-to-day use.
Key Highlights
- Newer A/C units and newer roof on both duplex units
- Back patios for each unit plus fenced backyard and front porches
- 0.249‑acre lot with total 2,046 SF duplex
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 | $51.6k | $25.20 |
| − Vacancy | −$2.5k | −$1.24 |
| EGI | $49.0k | $23.96 |
| − OpEx | −$14.7k | −$7.19 |
| NOI | $34.3k | $16.77 |
2,046 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$490.1K
$428.9K – $571.8K
NOI $34,309 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$448.0K
$392.0K – $522.7K
NOI $31,363 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$855.3K
$748.4K – $997.8K
NOI $59,870 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
144
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with back patios, fenced backyard, front porches, and newer A/C units plus a newer roof on both sides.
Where is this duplex located?
The property is located at 318 Craddock Avenue San Marcos, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Newer A/C units and newer roof on both duplex units; Back patios for each unit plus fenced backyard and front porches; 0.249‑acre lot with total 2,046 SF duplex
