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10 Units - Duplex + Single Family 4 Multifamily Properties Offered at $2,240,000 in San Marcos, TX

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Investment Highlights

  • 4 duplexes within one block
  • Walkable Neighborhoods
  • Off street parking
  • 2 single family on the same street
  • Private Fully fenced yards
  • Strong Market Fundamentals driven by Texas State University and population growth

Executive Summary

Haynes Street Portfolio presents a rare opportunity to acquire a 10-unit residential portfolio in the heart of San Marcos, Texas, one of the fastest-growing markets in Central Texas. The portfolio consists of four renovated duplexes (8 units) and two single-family homes, all located within a highly walkable neighborhood just half a mile from the spring-fed San Marcos River. The duplex units have been recently renovated, featuring updated interior and exterior paint, modern countertops, flooring, and fixtures. Each unit offers fenced private backyards—a highly desirable feature among today’s renters—along with off-street parking. The two single-family homes complement the duplexes by providing larger floor plans and diversified income, enhancing the overall stability and appeal of the portfolio. Residents enjoy convenient access to Rio Vista Park, downtown San Marcos, Texas State University, local dining, entertainment, and nightlife, making this an ideal rental location for students, professionals, and long-term tenants alike. Most units are currently leased through 2025 and 2026, offering immediate cash flow with future upside. This portfolio is well-suited for an investor seeking a turnkey residential asset with strong in-place income, rental growth potential, and long-term appreciation in a proven growth corridor. Will separate with a minimum of 2 structures.

Property Facts

Price $2,240,000
Price / SF $426.99 / SF
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 5,246 SF
Total Land Area 1.05 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1101-1103 Haynes St, San Marcos, TX 78666 Multifamily 1,473 SF 1974 -
1017-1019 Haynes St, San Marcos, TX 78666 Multifamily 1,300 SF 1974 -
1005-1007 Haynes St, San Marcos, TX 78666 Multifamily 1,273 SF 1974 -
1006-1008 Haynes St, San Marcos, TX 78666 Multifamily 1,200 SF 1974 -
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  • Listing ID: 32235045

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 10 Units - Duplex + Single Family, San Marcos, TX

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