Duplex for Residential
309 Rain Dance Trail Copperas Cove, TX 76522
309 Rain Dance Trail, Copperas Cove, TX, 76522
$395,000
For Sale
$395,000
MULTI_FAMILY - Other - Copperas Cove, TX
Property Size2,580 SF
Lot Size0.50 Acres
Price / SF$153.10
Days on Market19
Property Features for 309 Rain Dance Trail
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
- Parking features
- Garage
- Interior features
- DoubleVanity, PullDownAtticStairs, TubShower, WalkInClosets, BreakfastBar, Pantry
- Fencing
- Privacy
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, WaterHeater, SomeElectricAppliances, Microwave, Range
- Standard status
- Active
- APN
- 188023
- Size
- 2,580 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Lot 27, Block 1, The Valley at Great Hills, Phase 2
- Tax Annual Amount
- 1479
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency
ERA Brokers Consolidated
(254) 698-4300
777 Indian Trl Suite 600, TX
Listed by
Lieselotte Carroll · License #0281463
(254) 554-1292
Added: Jun 30 Checked: Jul 18 at 3:06 pm
MLS# 617249
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.
Investment Insights
Based on property information with market context.
Tippit-built duplex with an appealing residential income layout, featuring two units with three bedrooms, two baths, and a one-car garage. Interior finishes include granite-topped kitchen counters, cultured marble-topped bath vanities, tiled tub surrounds, and luxury vinyl plank flooring throughout. The property also includes a fully-yard sprinkler system, up to 16 pallets of sod, and a privacy fence designed to include a dividing fence between the units.
Located on the west side of Copperas Cove in Lampasas County, the duplex is zoned for the Lampasas school district.
Each unit is configured for comfortable everyday living with three-bedroom, two-bath planning and dedicated garage parking, complemented by the durable, low-maintenance interior finishes listed above.
Located on the west side of Copperas Cove in Lampasas County, the duplex is zoned for the Lampasas school district.
Each unit is configured for comfortable everyday living with three-bedroom, two-bath planning and dedicated garage parking, complemented by the durable, low-maintenance interior finishes listed above.
Key Highlights
- Duplex under construction, year built 2026, in a newer multi‑use development
- Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage
- Interior includes granite‑topped kitchen counters, cultured marble‑topped bath vanities, and tiled tub surrounds
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 |
2,580 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.6K
$278.7K – $371.7K
NOI $22,299 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$294.7K
$257.9K – $343.9K
NOI $20,631 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$619.7K
$542.2K – $723.0K
NOI $43,379 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Tippit-built duplex offers two units with three bedrooms, two baths, and a one-car garage each.
Where is this duplex located?
The property is located at 309 Rain Dance Trail Copperas Cove, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Duplex under construction, year built 2026, in a newer multi‑use development; Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage; Interior includes granite‑topped kitchen counters, cultured marble‑topped bath vanities, and tiled tub surrounds
