Copperas Cove Duplex For
1016 Cline Drive Copperas Cove, TX 76522
For Sale
$398,999
MULTI_FAMILY - Other - Copperas Cove, TX
Property Size2,584 SF
Lot Size0.21 Acres
Price / SF$154.41
Days on Market100
Property Features for 1016 Cline Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Rooms
Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
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
Carpet, Hardwood
Building materials
Brick
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Level Up Real Estate
(254) 226-3033
Listed By:
Ademola Olatunji · License #0659322
(910) 258-4043
Added: Apr 20
Changed: Jul 18
Last Checked: Jul 28 at 9:06AM
MLS# 611284
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.
Investment Insights
Based on property information with market context.
This duplex, constructed in 2022, is located in the Village at Walker Place subdivision of Copperas Cove. The property contains two units, each featuring 3 bedrooms and 2.5 baths. Each unit also includes an attached 1-car garage. Interior features include granite countertops, custom cabinetry, kitchen islands, and wood-style flooring. Central HVAC and washer/dryer hookups are installed in both units. The property is situated on a lot measuring 0.2072 acres. The total property size is 2584 square feet. Both units are currently vacant, presenting an opportunity for owner occupancy or immediate lease-up at market rents. The property is also listed for rent, making it a versatile investment opportunity with income potential.
Key Highlights
- Duplex built in 2022 in Copperas Cove (Village at Walker Place) with two 3‑bedroom, 2.5‑bath units
- Attached 1‑car garages for each unit
- Modern interior: granite countertops, custom cabinetry, and kitchen islands
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 |
2,584 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.1K
$279.2K – $372.2K
NOI $22,334 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$295.2K
$258.3K – $344.4K
NOI $20,663 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$620.7K
$543.1K – $724.1K
NOI $43,446 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2022, duplex with modern finishes and garages.
Where is this duplex located?
The property is located at 1016 Cline Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $398,999.
What are key features of this property?
This property features: Duplex built in 2022 in Copperas Cove (Village at Walker Place) with two 3‑bedroom, 2.5‑bath units; Attached 1‑car garages for each unit; Modern interior: granite countertops, custom cabinetry, and kitchen islands
