Copperas Cove Fourplex Investment
905-911 S 17th Street, Copperas Cove, TX 76522
MULTI_FAMILY - Ranch - Copperas Cove, TX
Type:Single Family Residence
Property size:
2,400 SFLot size:
0.18 AcresPrice / SF:
$154/SF- Added:
- Feb 18, 2026
- Days on Market:
- 102
- Last Refresh:
- May 31 at 3:06 pm
Property Features for 905-911 S 17th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 8
- Rooms
- Bedroom 7, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 8, Bathroom 4
- Interior features
- CeilingFans, TubShower
- Appliances
- Dryer, Dishwasher, ElectricRange, Disposal, Oven, Refrigerator, RangeHood, WaterHeater, Washer, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 119377
- Size
- 2,400 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRVIEW ADDN #3, BLOCK 5, LOT 1-L, ACRES .183
- Tax Annual Amount
- 3675
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate, Linoleum
- Building materials
- Masonry
- Roof type
- Shingle, Composition
- Architectural style
- Ranch
Listing agent James Switzer License #0707502 (254) 289-7163
Listing office Colt Real Estate Group 4205 S Ft Hood St, TX (254) 526-2277
Listing date Feb 18, 2026
MLS# 605211
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
- Four separate units on one parcel offer a strong investment opportunity.
- Conveniently located near Fort Cavazos, shopping, dining, schools, and major thoroughfares.
- Upside potential through rent optimization and light improvements.
- Solid unit mix with individual entrances provides broad tenant appeal and ease of management.
- Priced at $399,000, a rare chance to acquire a 4‑unit property.
- Steady cash flow potential for buy‑and‑hold investors.
Overview
This multifamily property, located at 905-911 S 17th St in Copperas Cove, Texas, presents an investment opportunity with four separate units on a single parcel. The property is suited for both experienced investors and those new to the multifamily market. The unit mix, featuring individual entrances, is designed to appeal to a wide range of tenants and simplify property management. Its location provides convenient access to Fort Cavazos (formerly Fort Hood), shopping centers, restaurants, schools, and major roads, which supports consistent rental demand. The property offers potential for increased returns through rent optimization, minor upgrades, or a long-term investment strategy. This fourplex is situated on a 0.183-acre lot and has a total area of 2400 square feet. It is suited for investors seeking steady cash flow or owners aiming to reposition the property to increase returns. The property is located in a growing Central Texas market.
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 | $31.7k | $13.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $29.6k | $12.35 |
| − OpEx | −$8.9k | −$3.70 |
| NOI | $20.7k | $8.64 |
2,400 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.3K
$259.3K – $345.7K
NOI $20,743 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Copperas Cove
- County
- Coryell
- State
- Texas
- Longitude
- -97.914874
- Latitude
- 31.11951
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property near Fort Cavazos, ideal for investors.
Where is this quadplex located?
The property is located at 905-911 S 17th Street Copperas Cove, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Four separate units on one parcel offer a strong investment opportunity.; Conveniently located near Fort Cavazos, shopping, dining, schools, and major thoroughfares.; Upside potential through rent optimization and light improvements.
