Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing Duplex in Copperas Cove Title is generated by Realmo AI

    4110 Primrose Drive, Copperas Cove, TX 76522

    View on Map
    Claim this Listing
    For Sale
    $275,000

    MULTI_FAMILY - Ranch - Copperas Cove, TX

    Type:Single Family Residence
    Property size:
    2,169 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $126/SF
    Added:
    Mar 24, 2026
    Days on Market:
    60
    Last Refresh:
    May 22 at 10:06 am

    Property Features for 4110 Primrose Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    3
    Rooms
    Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
    Parking features
    Garage
    Interior features
    AllBedroomsDown, CeilingFans, EatInKitchen
    Fencing
    Privacy
    Appliances
    Dishwasher, ElectricRange, Disposal, Refrigerator, RangeHood
    Standard status
    Active
    APN
    142893
    Size
    2,169 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    THE MEADOWS PHS 2, BLOCK 9, LOT 6
    Tax Annual Amount
    5966

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Carpet, Paintedstained
    Building materials
    Masonry
    Roof type
    Shingle, Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Kyiandra Somerville

    Listing agent Kyiandra Somerville License #0637007

    Listing office NextHome Veterans First Choice 451-D E Central TX Expy #273, TX

    Listing date Mar 24, 2026

    MLS# 608344 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‑producing duplex with one unit currently leased at $1,350/month for immediate cash flow.
    • Vacant unit provides flexibility for owner‑occupancy or maximizing rental income.
    • Each unit features 3 bedrooms and 2 bathrooms with a functional, open layout.
    • Durable 4‑side masonry construction for low‑maintenance ownership.
    • Desirable corner lot with curb appeal.
    • Conveniently located within city limits with easy access to local amenities.

    Overview

    Located in The Meadows Phase 2, this income-producing duplex offers immediate cash flow and strong long-term potential. The single-story property features two units, each with 3 bedrooms and 2 bathrooms. The units have open living areas and a functional layout. The design promotes a natural flow between the living, dining, and kitchen spaces. The bedrooms offer a private retreat. One unit is currently leased at $1,350 per month, providing instant income. The other unit is vacant, making it suitable for an owner-occupant or an investor. Constructed with 4-side masonry, the property is situated on a corner lot. The property is located within city limits and offers access to local amenities. The property size is 2169 square feet and the lot size is 0.2169 acres.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $208.3K
    NOI $18,747 @ 9.00% cap · cautious / downside scenario
    Moderate
    $267.8K
    NOI $18,747 @ 7.00% cap · market / base-case scenario
    Aggressive
    $374.9K
    NOI $18,747 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $28.6k $13.20
    − Vacancy −$1.8k −$0.85
    EGI $26.8k $12.35
    − OpEx −$8.0k −$3.70
    NOI $18.7k $8.64
    2,169 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $267.8K
    $234.3K – $312.5K (±1% cap)
    NOI $18,747 @ 7.0% cap · market cap 6.82%
    Second Best
    Apartment 5plus
    $247.8K
    $216.8K – $289.1K (±1% cap)
    NOI $17,345 @ 7.0% cap · market cap 6.31%
    Theoretical Best
    Office A
    $521.0K
    $455.9K – $607.8K (±1% cap)
    NOI $36,468 @ 7.0% cap · market cap 13.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store HVAC Service Barber Shop Furniture & Home Goods Bakery Car Rental Facility Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -97.93571
    Latitude
    31.15005

    Nearby Similar for Sale

    • $575,000
      6,540 SF

      Commercial Investment Property in Copperas Cove

      Partially rented commercial complex on the main thoroughfare.
      2210 E Business 190, Copperas Cove, TX 76522
      View Details
    • $398,999
      2,584 SF

      Copperas Cove Office For Sale

      2584 SF office property in Copperas Cove, Texas.
      1016 Cline Drive, Copperas Cove, TX 76522
      View Details
    • $148,900
      4,992 SF

      Historic Mixed-Use Building in Copperas Cove

      Two-story, 4,900+ sq ft building with adaptive-reuse potential.
      217 S Main Street, Copperas Cove, TX 76522
      View Details
    • $350,850
      3,580 SF

      Well-Maintained Fourplex on Corner Lot

      Fourplex with long-term tenant, functional layout, and outdoor space.
      301 W Avenue D, Copperas Cove, TX 76522
      View Details
    • $396,000
      4,042 SF

      Spacious Fourplex in Copperas Cove

      Fourplex with large units, laundry rooms, and private porches.
      105 W Truman Avenue, Copperas Cove, TX 76522
      View Details
    • $325,000
      2,526 SF

      Well-Maintained Duplex in Copperas Cove

      Duplex in Copperas Cove perfect for owner-occupant or multi-generational living.
      454 Summers, Copperas Cove, TX 76522
      View Details
    • $530,000
      4,032 SF

      Copperas Cove Multifamily Investment Opportunity

      Well-maintained 6-plex with updated flooring and covered parking.
      905 N Main Street, Copperas Cove, TX 76522
      View Details
    • $396,000
      4,042 SF

      Spacious Fourplex in Copperas Cove

      Fourplex with functional floor plans and private outdoor spaces.
      202 W Truman Avenue, Copperas Cove, TX 76522
      View Details
    • $245,000
      1,630 SF

      Copperas Cove Duplex Investment Opportunity

      Updated duplex with income potential and large fenced backyard.
      203 Sorrell Drive, Copperas Cove, TX 76522
      View Details
    • $299,000
      3,136 SF

      Copperas Cove Multifamily Investment Property

      Six-unit multifamily property with immediate revenue in Copperas Cove, TX.
      603 Sunset Lane, Copperas Cove, TX 76522
      View Details
    • $3,810,000
      21,556 SF

      Operational Church with School Building

      Pristine church and school buildings with ample parking.
      502 W Business 190 Highway, Copperas Cove, TX 76522
      View Details
    • $227,000
      1,838 SF

      Well-Maintained Duplex in Copperas Cove

      Duplex with recent updates, offering immediate income and flexibility.
      1226 Walt Morgan Circle, Copperas Cove, TX 76522
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with immediate cash flow and long-term potential.
    Where is this duplex located?
    The property is located at 4110 Primrose Drive Copperas Cove, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Income‑producing duplex with one unit currently leased at $1,350/month for immediate cash flow.; Vacant unit provides flexibility for owner‑occupancy or maximizing rental income.; Each unit features **3 bedrooms and 2 bathrooms** with a functional, open layout.
    (254) 317-0690
    We can help!
    Listing Contact
    Kyiandra Somerville
    Real Estate License ID: 0637007
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4110 Primrose Drive, Copperas Cove, TX 76522
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!