Duplex with Two Rental
203 Veterans Avenue Copperas Cove, TX 76522
New
For Sale
$180,000
MULTI_FAMILY - Other - Copperas Cove, TX
Property Size1,040 SF
Lot Size0.18 Acres
Price / SF$173.08
Days on Market2
Property Features for 203 Veterans Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Appliances
GasCooktop, Refrigerator, SomeGasAppliances
Standard status
Active
APN
119057
Size
1,040 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ELLIOT ADDN, BLOCK 2, LOT 3 N 1/2, ACRES .179
Tax Annual Amount
2169
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile
Building materials
WoodSiding
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Level Up Real Estate
(254) 226-3033
Listed By:
Ademola Olatunji · License #0659322
(910) 258-4043
Added: Jul 27
Last Checked: Jul 28 at 10:06AM
MLS# 619509
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 for-sale duplex features two well-designed units, totaling approximately 1,040 square feet of living space. Each unit is positioned to serve as residential rental housing within a straightforward duplex layout.
The property is located at 203 Veterans Avenue in Copperas Cove, TX (Coryell County). The listing notes a convenient central location and easy access to major highways, supporting day-to-day tenant access.
Situated on a lot size of approximately 0.179 acres, the duplex presents a compact, manageable investment property in Copperas Cove.
The property is located at 203 Veterans Avenue in Copperas Cove, TX (Coryell County). The listing notes a convenient central location and easy access to major highways, supporting day-to-day tenant access.
Situated on a lot size of approximately 0.179 acres, the duplex presents a compact, manageable investment property in Copperas Cove.
Key Highlights
- Duplex with two units and approximately 1,040 SF total living space
- Year built 1974
- Public water and public sewer
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 | $13.7k | $13.20 |
| − Vacancy | −$887 | −$0.85 |
| EGI | $12.8k | $12.35 |
| − OpEx | −$3.9k | −$3.70 |
| NOI | $9.0k | $8.64 |
1,040 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$128.4K
$112.4K – $149.8K
NOI $8,989 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$118.8K
$104.0K – $138.6K
NOI $8,316 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$249.8K
$218.6K – $291.4K
NOI $17,486 @ 7.0% cap · market cap 9.71%
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 - Two-unit duplex offering approximately 1,040 total square feet and convenient access to major highways.
Where is this duplex located?
The property is located at 203 Veterans Avenue Copperas Cove, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Duplex with two units and approximately 1,040 SF total living space; Year built 1974; Public water and public sewer
