Modern Duplex with Attached
For Sale
$398,999
1016 Cline Drive, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,584 SF
Lot Size0.21 Acres
Price / SF$154.41
Days on Market171
Property Features for 1016 Cline Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 3, Bathroom 2
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
Hardwood, Carpet
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: Sep 15
Last Checked: Oct 7 at 5:06AM
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.
Built in 2022, this 2,584-square-foot duplex contains two residential units with three bedrooms per side and attached one-car garages. Both residences are currently vacant. Interior finishes include granite countertops, custom cabinetry, kitchen islands, wood-style flooring, central HVAC, and washer and dryer hookups. The building is constructed with brick and has a composition shingle roof.
The property occupies 0.2072 acres at 1016 Cline Drive in Copperas Cove, Texas. Public water serves the property, and each unit includes a kitchen equipped with a dishwasher, electric cooktop, and disposal. The current vacancy allows a new owner to occupy one or both sides or prepare the units for leasing, subject to applicable requirements.
The property occupies 0.2072 acres at 1016 Cline Drive in Copperas Cove, Texas. Public water serves the property, and each unit includes a kitchen equipped with a dishwasher, electric cooktop, and disposal. The current vacancy allows a new owner to occupy one or both sides or prepare the units for leasing, subject to applicable requirements.
Key Highlights
- Two‑unit duplex built in 2022
- 2,584 square feet on 0.2072 acres
- Each side includes 3 bedrooms and an attached 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,334
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,680
$446.7K
Cap Rate 7%
$319,057
$319.1K
Cap Rate 9%
$248,156
$248.2K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$34.1K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$31.9K $12.35/SF
− OpEx
−$9.6K −$3.70/SF
NOI
$22.3K $8.64/SF
Area
Coryell County, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,680
Cap Rate 7%
$319,057
Cap Rate 9%
$248,156
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
104
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences offer contemporary finishes, private garages, and central HVAC in a 2022-built property.
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: Two‑unit duplex built in 2022; 2,584 square feet on 0.2072 acres; Each side includes 3 bedrooms and an attached 1‑car garage
