Duplex with Attached 1-Car
For Sale
$398,999
1016 Cline Drive, Copperas Cove, TX 76522
MULTI_FAMILY - Other - Copperas Cove, TX
Property Size2,584 SF
Lot Size0.21 Acres
Price / SF$154.41
Days on Market107
Property Features for 1016 Cline Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 1, Bedroom 3
Interior features
AllBedroomsUp, CeilingFans, TubShower, KitchenIsland
Appliances
Dishwasher, ElectricCooktop, Disposal
Subdivision
Village At Walker Place
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Copperas Cove ISD
Middle school district
Copperas Cove ISD
High school district
Copperas Cove ISD
Directions
Keep left to merge onto US-190 W, Exit left onto US-190 West toward Lampasas, Turn right onto US-190, Turn right onto Cline Dr.
Standard status
Active
APN
154826
Size
2,584 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VILLAGE AT WALKER PLACE, BLOCK 2, LOT 10
Tax Annual Amount
7654
Legal Description
VILLAGE AT WALKER PLACE, BLOCK 2, LOT 10
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2022
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Brick
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Level Up Real Estate
(254) 226-3033
Listed By:
Ademola Olatunji · License #0659322
(910) 258-4043
Added: Apr 20
Changed: Aug 4
Last Checked: Aug 4 at 2:06AM
MLS# 611284
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.
This 2022-built duplex includes two spacious units, each with three bedrooms and 2.5 bathrooms, plus attached 1-car garages. Interior features include granite countertops, custom cabinetry with kitchen islands, wood-style flooring, ceiling fans, and washer/dryer hookups. Heating and cooling are provided by central HVAC. Both sides are currently vacant, which can support owner occupancy or allow for immediate lease-up.
The property sits on a 0.2072-acre lot in the Village at Walker Place subdivision in Copperas Cove. Water is provided by public sources, and the structure is built with brick exterior materials and a composition shingle roof.
Each unit is configured for everyday living with a tub/shower setup, carpet and hardwood flooring, and included kitchen appliances such as a dishwasher, electric cooktop, and disposal.
The property sits on a 0.2072-acre lot in the Village at Walker Place subdivision in Copperas Cove. Water is provided by public sources, and the structure is built with brick exterior materials and a composition shingle roof.
Each unit is configured for everyday living with a tub/shower setup, carpet and hardwood flooring, and included kitchen appliances such as a dishwasher, electric cooktop, and disposal.
Key Highlights
- 0.2072‑acre lot
- 2,584 SF duplex built in 2022
- Two units, each with 3 bedrooms and 2.5 bathrooms
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 |
2,584 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.1K
$279.2K – $372.2K
NOI $22,334 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$295.2K
$258.3K – $344.4K
NOI $20,663 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$620.7K
$543.1K – $724.1K
NOI $43,446 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
124
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 - Built in 2022, this duplex has two vacant units with attached 1-car garages and central HVAC throughout.
Where is this duplex located?
The property is located at 1016 Cline Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $398,999.
What are key features of this property?
This property features: 0.2072‑acre lot; 2,584 SF duplex built in 2022; Two units, each with 3 bedrooms and 2.5 bathrooms
