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    48 Acres Tbd Harmon Rd Copperas Cove, TX 76522

    View on Map
    Sponsored
    For Sale
    $600,000

    LAND - Copperas Cove, TX

    Lot size:
    48.00 Acres
    Days on Market:
    12
    Last Refresh:
    Mar 14 at 5:06 pm

    Property Features for 48 Acres Tbd Harmon Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    109363
    Fencing
    Fenced
    Lot size
    48.00 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

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    Listing Contact
    Calvin Burks
    Calvin Burks

    Burks Real Estate (254) 471-5738

    Listing agent Calvin Burks (254) 471-5738 License #0268721

    Listing date Mar 2, 2026

    MLS# 572322

    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.

    Learn more

    Overview

    48-Acre Ranch in Central Texas

    This 48+/- acre ranch is located approximately 16 miles south of Gatesville on Harmon Road. The property features a mix of open pastureland and scattered tree cover. The terrain is rolling, with approximately 100 feet of elevation change from the front to the back, providing building sites with scenic views. The ranch includes approximately 1,600 feet of Perryman Creek frontage along the rear boundary, creating a natural water source and wildlife corridor. The land is suited for grazing, hunting, or a future homesite. There are multiple locations to construct a stock tank or pond. The property offers hunting opportunities, with wildlife frequenting the creek area and scattered tree cover. The ranch is currently leased to a neighboring cattle operator, and the lease may be terminated at closing. The property is centrally located in the heart of Central Texas—15 minutes to Gatesville and Copperas Cove, 30 minutes to Lampasas and Killeen, and approximately 1 hour from Temple and Waco. This location provides access to shopping, schools, hospitals, and major employment centers while offering country living. The tract is ideal for a weekend retreat, future homesite, small ranch operation, or recreational getaway.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -98.1131
    Latitude
    31.2607

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    FAQs

    What type of property is this?
    Ranch - Ranch with creek frontage, ideal for recreation or homesite.
    Where is this ranch located?
    The property is located at 48 Acres Tbd Harmon Rd Copperas Cove, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 48+/- acre ranch featuring approximately 1,600 feet of Perryman Creek frontage.; - Excellent building sites with long, scenic views thanks to rolling terrain and 100 feet of elevation change.; - Conveniently located in Central Texas, just 15 minutes from Gatesville and Copperas Cove.
    (254) 865-3601
    Request Owner's contact information
    48 Acres Tbd Harmon Rd Copperas Cove, TX 76522
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    Copperas Cove, TX 76522
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    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
    48 Acres Tbd Harmon Rd Copperas Cove, TX 76522
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    We can help!
    Listing Contact
    Calvin Burks
    Calvin Burks
    Real Estate License ID: 0268721
    (254) 865-3601 (254) 471-5738
    Learn more
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