Ranch Duplexes Under
For Sale
$395,000
508 Adley Avenue, Copperas Cove, TX 76522
MULTI_FAMILY - Ranch - Copperas Cove, TX
Property Size2,440 SF
Lot Size0.19 Acres
Price / SF$161.89
Days on Market194
Property Features for 508 Adley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 2
Parking features
Garage
Interior features
CeilingFans, PullDownAtticStairs, Vanity, WalkInClosets, BreakfastBar, EatInKitchen, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Kitchenette
Appliances
Dishwasher, ElectricCooktop, Disposal, MultipleWaterHeaters, Microwave, Oven, SomeElectricAppliances, Cooktop
Subdivision
Heritage Place
Lot features
Cul De Sac, City Lot, Level, Less Than Quarter Acre
Elementary school district
Copperas Cove ISD
Middle school district
Copperas Cove ISD
High school district
Copperas Cove ISD
Directions
190 W, Take 3046 (left), right on Heriage, Right on ADLEY , Duplex on the right
Standard status
Active
APN
158790
Size
2,440 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HERITAGE PLACE ADDITION PHASE ONE, BLOCK 6, LOT 8, ACRES .2109
Legal Description
HERITAGE PLACE ADDITION PHASE ONE, BLOCK 6, LOT 8, ACRES .2109
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Amenities
automatic sprinkler system
full yard sod
wood privacy fence
soaring ceilings
luxury vinyl plank flooring
wood faux blinds
granite countertops
tile backsplashes
stainless steel appliances
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 Agency:
The Real Estate Home Team Llc
(254) 213-2708
Listed By:
Jessica Lloyd · License #0644878
(251) 656-0254
Added: Jan 19
Changed: Jul 30
Last Checked: Aug 1 at 9:06AM
MLS# 602272
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.
New duplex construction with a ranch design, built in 2025 and currently under construction. The property offers a total of 2,440 square feet and sits on a 0.19-acre lot. Each unit is described as having three bedrooms, including a private primary suite with its own bathroom, a large walk-in shower, and a walk-in closet.
Exterior improvements include a brick and stone combination with full yard sod, an automatic sprinkler system, and a wood privacy fence. Interior finishes highlighted for each unit include luxury vinyl plank flooring (no carpet), wood faux blinds, granite countertops in kitchens and bathrooms, and tile backsplashes.
Utilities and building systems are described as public water and public sewer, with electric heating and electric cooling. Parking is provided via a garage, and the appliance package is noted to include a stove, microwave, and dishwasher, along with other electric cooktop and cooking appliances.
Exterior improvements include a brick and stone combination with full yard sod, an automatic sprinkler system, and a wood privacy fence. Interior finishes highlighted for each unit include luxury vinyl plank flooring (no carpet), wood faux blinds, granite countertops in kitchens and bathrooms, and tile backsplashes.
Utilities and building systems are described as public water and public sewer, with electric heating and electric cooling. Parking is provided via a garage, and the appliance package is noted to include a stove, microwave, and dishwasher, along with other electric cooktop and cooking appliances.
Key Highlights
- Under construction with 2025 year built for the ranch duplex design
- 2,440 SF total on a 0.19‑acre lot
- Each unit has three bedrooms, including a primary suite with walk‑in shower
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 | $32.2k | $13.20 |
| − Vacancy | −$2.1k | −$0.85 |
| EGI | $30.1k | $12.35 |
| − OpEx | −$9.0k | −$3.70 |
| NOI | $21.1k | $8.64 |
2,440 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$301.3K
$263.6K – $351.5K
NOI $21,089 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$278.7K
$243.9K – $325.2K
NOI $19,512 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$586.1K
$512.8K – $683.8K
NOI $41,025 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 76522, TX
41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two ranch duplex units are under construction on a 0.19-acre lot with vinyl flooring and electric HVAC.
Where is this duplex located?
The property is located at 508 Adley Avenue 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: Under construction with 2025 year built for the ranch duplex design; 2,440 SF total on a 0.19‑acre lot; Each unit has three bedrooms, including a primary suite with walk‑in shower
