1016 Cline Drive, Copperas Cove, TX 76522
MULTI_FAMILY - Other - Copperas Cove, TX
- Added:
- Apr 20, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 1016 Cline Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 6, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bathroom 2, Bedroom 3
- Interior features
- AllBedroomsUp, CeilingFans, TubShower, KitchenIsland
- Appliances
- Dishwasher, ElectricCooktop, Disposal
- Standard status
- Active
- APN
- 154826
- Size
- 2,584 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VILLAGE AT WALKER PLACE, BLOCK 2, LOT 10
- Tax Annual Amount
- 7654
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Carpet
- Building materials
- Brick
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Ademola Olatunji License #0659322 (910) 258-4043
Listing office Level Up Real Estate 308 North Fort Hood, TX (254) 226-3033
Listing date Apr 20, 2026
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.
HighLights
- Built in 2022: Modern construction and desirable features
- Two spacious units: Each with 3 bedrooms and 2.5 baths
- Vacant: Ready for immediate owner occupancy or lease‑up
- Granite countertops and custom cabinetry: High‑end interior finishes
- Attached 1‑car garages: Convenient and secure parking
- Versatile investment: Listed for rent with strong income potential
Overview
Local 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 | $34.1k | $13.20 |
| − Vacancy | −$2.2k | −$0.85 |
| EGI | $31.9k | $12.35 |
| − OpEx | −$9.6k | −$3.70 |
| NOI | $22.3k | $8.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Copperas Cove
- County
- Coryell
- State
- Texas
- Longitude
- -97.912729
- Latitude
- 31.096973