Updated Duplex with Two
For Sale
$324,900
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$184.60
Days on Market103
Property Features for Ab-1103 Hillyer Street
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Residential
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Clark Real Estate Agency
Listed By:
Ricky Clark
(512) 470-9955
Source:
Exprealty
Added: Jul 23
Changed: Oct 27
Last Checked: Nov 1 at 10:52AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$29,513
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,260
$590.3K
Cap Rate 7%
$421,614
$421.6K
Cap Rate 9%
$327,922
$327.9K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$44.4K $25.20/SF
− Vacancy
−$2.2K −$1.24/SF
EGI
$42.2K $23.96/SF
− OpEx
−$12.6K −$7.19/SF
NOI
$29.5K $16.77/SF
Area
Hays County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,260
Cap Rate 7%
$421,614
Cap Rate 9%
$327,922
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.
How Realmo checks its estimates
Property Analytics
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
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 $324,900.
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
