Duplex
For Sale
$275,000
1017 S 9th Street, Copperas Cove, TX 76522
Built in 2016, the property includes electric appliances, ceiling fans, and privacy-oriented exterior features.
Property Size1,946 SF
Price / SF$141.32
Days on Market222
Property Features for 1017 S 9th Street
General Information
Standard status
Active
Size
1,946 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,900
Amenities
Ceiling Fan(s), Electric
Electric
Dishwasher, Electric Range, Microwave, Refrigerator, Range
Ceiling Fan(s)
Privacy
Traditional
Building Details
Year Built
2016
Stories
1
Listed By:
Luke Farmer
(254) 466-1597
Source:
Evrealestate
Added: Feb 27
Changed: Oct 5
Last Checked: Oct 5 at 6:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luke Farmer
Investment Insights
Based on property information with market context.
This duplex property contains 1,946 square feet and was built in 2016. Interior features include electric ceiling fans, a dishwasher, electric range, microwave, refrigerator, and additional electric fixtures. The exterior includes privacy features with a traditional design presentation.
Located at 1017 S 9th Street in Copperas Cove, the property is in Coryell County. Access directions reference I-14/US-190 W, Hwy Ave, and S 9th St.
Located at 1017 S 9th Street in Copperas Cove, the property is in Coryell County. Access directions reference I-14/US-190 W, Hwy Ave, and S 9th St.
Key Highlights
- Duplex property with 1,946 square feet
- Built in 2016
- Electric ceiling fans included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,819
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,380
$336.4K
Cap Rate 7%
$240,271
$240.3K
Cap Rate 9%
$186,878
$186.9K
Market Conditions
NOI Build-Up for 1,946 SF
Gross rent
$25.7K $13.20/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$24.0K $12.35/SF
− OpEx
−$7.2K −$3.70/SF
NOI
$16.8K $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%
$336,380
Cap Rate 7%
$240,271
Cap Rate 9%
$186,878
Alternative Uses
Best Use
Multifamily LT 5
$240.3K
$210.2K – $280.3K
NOI $16,819 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$222.3K
$194.5K – $259.4K
NOI $15,561 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$467.4K
$409.0K – $545.3K
NOI $32,719 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
588
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Built in 2016, the property includes electric appliances, ceiling fans, and privacy-oriented exterior features.
Where is this duplex located?
The property is located at 1017 S 9th Street Copperas Cove, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex property with 1,946 square feet; Built in 2016; Electric ceiling fans included
