Updated Duplex with Two
For Sale
$325,000
Ab-1103 Hillyer Street, San Marcos, TX 78666
Two residential units offer flexible occupancy, recent improvements, and low-maintenance flooring throughout.
Property Size1,760 SF
Price / SF$184.66
Days on Market14
Property Features for Ab-1103 Hillyer Street
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Clark Real Estate Agency
(512) 470-9955
Listed By:
Ricky Clark
(512) 470-9955
Source:
Exprealty
Added: Jul 23
Changed: Aug 5
Last Checked: Aug 5 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clark Real Estate Agency
Investment Insights
Based on property information with market context.
This 1,760-square-foot duplex in San Marcos contains two separate 2-bedroom, 1-bath units. The property received a new roof and exterior paint in 2025, and neither unit has carpet. Unit B was substantially refreshed in 2025 with wood-look flooring, granite kitchen countertops, updated fixtures, and new interior paint. Unit A also features wood-look flooring, fresh interior paint, and a front deck.
Access is provided by a private driveway at Ab-1103 Hillyer Street. Unit A is currently available for rent, while the two-unit layout provides flexibility for continued rental use or an owner-occupant arrangement as described in the property information.
Access is provided by a private driveway at Ab-1103 Hillyer Street. Unit A is currently available for rent, while the two-unit layout provides flexibility for continued rental use or an owner-occupant arrangement as described in the property information.
Key Highlights
- Two 2‑bedroom, 1‑bath units within a 1,760‑square‑foot duplex
- New roof installed in 2025
- New exterior paint completed in 2025
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 authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
138
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 - Two residential units offer flexible occupancy, recent improvements, and low-maintenance flooring throughout.
Where is this duplex located?
The property is located at Ab-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: Two 2‑bedroom, 1‑bath units within a 1,760‑square‑foot duplex; New roof installed in 2025; New exterior paint completed in 2025
