Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1712 Hofheinz St San Marcos, TX 78666-4185

    • Mobile home & RV parks
    • 9,088 SF
    • 2.57 lot acres
    OFF-MARKET
    Value Estimations
    $775,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1786076
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 1712 Hofheinz St

    Year built
    2002
    Lot size
    2.57 lot acres
    Property size
    9,088 SF
    Property type
    Mobile home & RV parks
    APN
    R53970
    APU
    R53970

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.9636
    Latitude
    29.871
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,721
    $181,460
    $361,443
    $542,903
    -
    $181,460
    $361,443
    $542,903

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      1005 Riv Rd

      MOBILE HOME PARK, TRAILER PARK • 1,216 SF
      1005 Riv Rd, San Marcos, TX 78666-8483
      View Details
    • Value Estimation
      $630,000
      1,728 SF

      1011 Uhland Rd

      MOBILE HOME PARK, TRAILER PARK • 1,728 SF
      1011 Uhland Rd, San Marcos, TX 78666-8250
      View Details
    • Value Estimation by Request
      2,228 SF

      1641 Hwy 80

      MOBILE HOME PARK, TRAILER PARK • 2,228 SF
      1641 Hwy 80, San Marcos, TX 78666-9553
      View Details
    • Value Estimation by Request
      14.03 Acres

      Ctr Pt Rd

      MOBILE HOME PARK, TRAILER PARK • 14.03 Acres
      Ctr Pt Rd, San Marcos, TX 78666
      View Details
    • Value Estimation by Request
      1,280 SF

      201 Harmons Way

      MOBILE HOME PARK, TRAILER PARK • 1,280 SF
      201 Harmons Way, San Marcos, TX 78666-1200
      View Details
    • Value Estimation by Request
      2,000 SF

      1203 Uhland Rd

      MOBILE HOME PARK, TRAILER PARK • 2,000 SF
      1203 Uhland Rd, San Marcos, TX 78666-8649
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Mobile Home Park Opportunity

      10.49 acres with mobile home park near Toll 130.
      3710 Fm 621, San Marcos, TX 78666
      View Details
    • $379,000

      San Marcos Condo in 55+ Community

      Charming 2 bed, 2 bath condo in active 55+ community.
      128 Stewart Dr, San Marcos, TX 78666
      View Details
    • $964,000
      5,548 SF

      San Marcos Multifamily Investment Opportunity

      Unique San Marcos property with multiple homes and development potential.
      1000 Advance St, San Marcos, TX 78666
      View Details
    • $650,000
      5,268 SF

      San Marcos Multifamily Property

      Multifamily property near downtown and university with conversion potential.
      121 Scott St, San Marcos, TX 78666
      View Details
    • $394,100
      1,200 SF

      San Marcos Duplex For Sale

      Recently renovated duplex near San Marcos River. Great investment opportunity.
      1006/1008 Haynes St, San Marcos, TX 78666
      View Details
    • $389,200
      1,273 SF

      San Marcos Duplex Investment Opportunity

      Recently renovated duplex near San Marcos River, ideal for investors.
      1005/1007 Haynes St, San Marcos, TX 78666
      View Details

    Similar Nearby for Lease

    • $1,575 /Mo
      1,175 SF

      Country Living Retreat Near University

      Tranquil duplex near Texas State University with pond and amenities.
      701 Horace Howard Dr, San Marcos, TX 78666
      View Details
    • $1,395 /Mo

      San Marcos Condominium For Rent

      Condominium built in 2009 with two bedrooms and bathrooms.
      130 Rush Hvn, San Marcos, TX 78666
      View Details
    • $1,495 /Mo

      San Marcos Duplex with Garage

      Three-bedroom duplex with garage, fenced yard, and included appliances.
      128 Cedargrove, San Marcos, TX 78666
      View Details
    • $1,499 /Mo
      2,746 SF

      Spacious Duplex Near Texas State

      3-bedroom, 3.5-bath duplex near Texas State University.
      806 Sagewood Trl, San Marcos, TX 78666
      View Details
    • $1,350 /Mo

      San Marcos Condo with Balcony

      Charming 2-bedroom condo near parks and local amenities.
      1013 Chestnut St, San Marcos, TX 78666
      View Details
    • $1,795 /Mo

      San Marcos Duplex with En-Suite Baths

      Three-bedroom duplex in San Marcos, each with private bath.
      1412 Marlton St, San Marcos, TX 78666
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1712 Hofheinz St
    San Marcos, TX 78666-4185
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.