New Duplexes in Copperas
122 Leon Lane, Copperas Cove, TX 76522
MULTI_FAMILY - Ranch - Copperas Cove, TX
Type:Single Family Residence
Property size:
2,588 SFLot size:
0.19 AcresPrice / SF:
$152/SF- Added:
- Oct 3, 2025
- Days on Market:
- 244
- Last Refresh:
- Jun 3 at 9:06 am
Property Features for 122 Leon Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Property condition
- Under Construction
- Bedrooms
- 6
- Rooms
- Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4
- Parking features
- Garage
- Interior features
- CeilingFans, PullDownAtticStairs, Vanity, WalkInClosets, BreakfastBar, EatInKitchen, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Kitchenette
- Appliances
- Dishwasher, ElectricCooktop, Disposal, MultipleWaterHeaters, Microwave, Oven, SomeElectricAppliances, Cooktop
- Standard status
- Active
- APN
- 158739
- Size
- 2,588 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HERITAGE PLACE ADDITION PHASE ONE, BLOCK 4, LOT 23, ACRES 0.1976
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick, HardiplankType, Masonry, StoneVeneer
- Roof type
- Shingle, Composition
- Architectural style
- Ranch
Listing agent Jessica Lloyd License #0644878 (251) 656-0254
Listing office The Real Estate Home Team Llc 3055 Stillhouse Lake Rd St 208, TX (254) 213-2708
Listing date Oct 3, 2025
MLS# 594259
Listing URL
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
- Income‑generating potential: Rent out one or both sides of the duplex.
- New construction in 2025: Enjoy modern features and peace of mind with a warranty.
- High‑end finishes: Features granite countertops, stainless steel appliances, vinyl plank flooring, and tile backsplash.
- Low‑maintenance living: Includes full yard sod, sprinkler system, wood privacy fence, and no carpet.
- Desirable location: Close to Fort Cavazos and other amenities, yet in a peaceful setting.
- Spacious layout: Each side features three bedrooms, including a main bedroom with a walk‑in shower and closet.
Overview
These duplexes offer a blend of affordability and upscale living. Located in a new Copperas Cove subdivision, the property provides a peaceful environment while remaining conveniently close to essential amenities, including Fort Cavazos. The exterior features brick and stone accents, a fully sodded yard, a wood privacy fence, and a sprinkler system. Inside, the units boast high ceilings, contemporary paint colors, high-end fixtures and finishes, and vinyl plank flooring throughout. The kitchens and bathrooms are equipped with granite countertops, tile backsplashes, and stainless steel appliances, including a stove, microwave, and dishwasher. Each side of the duplex includes three bedrooms, with the primary bedroom featuring an en-suite bathroom with a large walk-in shower and a walk-in closet. With multiple floor plans and lots available, these duplexes present an investment opportunity. The property size is 2588 square feet and the lot size is 0.19 acres.
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 | $34.2k | $13.20 |
| − Vacancy | −$2.2k | −$0.85 |
| EGI | $32.0k | $12.35 |
| − OpEx | −$9.6k | −$3.70 |
| NOI | $22.4k | $8.64 |
2,588 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K
NOI $22,368 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$295.6K
$258.7K – $344.9K
NOI $20,695 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$621.6K
$543.9K – $725.2K
NOI $43,513 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Copperas Cove
- County
- Coryell
- State
- Texas
- Longitude
- -97.914307
- Latitude
- 31.092562
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Luxury duplexes with modern features, ideal for homeowners or investors.
Where is this duplex located?
The property is located at 122 Leon Lane Copperas Cove, TX.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Income‑generating potential: Rent out one or both sides of the duplex.; New construction in 2025: Enjoy modern features and peace of mind with a warranty.; High‑end finishes: Features granite countertops, stainless steel appliances, vinyl plank flooring, and tile backsplash.
