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Duplex with Granite Kitchens
For Sale
$379,999

102 Lost Trail, Copperas Cove, TX 76522

Residential, Copperas Cove, TX

Property Size2,528 SF
Lot Size0.30 Acres
Price / SF$150.32
Days on Market53

Property Features for 102 Lost Trail

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 2
Interior features CeilingFans, TubShower, WalkInClosets, EatInKitchen, GraniteCounters
Appliances Dishwasher, ElectricCooktop, ElectricRange, Disposal, Refrigerator, RangeHood, VentedExhaustFan, WaterHeater, SomeElectricAppliances, Cooktop, Range
Subdivision Valley/Great Hills Ph 1
Lot features City Lot, Quarter To Half Acre Lot
Elementary school district Lampasas ISD
Middle school district Lampasas ISD
High school district Lampasas ISD
Directions FROM HWY 190 GO WEST TOWARDS LAMPASAS , TURN LEFT ONTO RIDGE CREST,TURN LEFT ONTO LOST TRAIL, AND YOUR DESTINATION IS ON THE RIGHT.
Standard status Active
APN 156440
Size 2,528 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ACR: 0.30 BLK 5 LOT 11 ABST: 1454/0563 SURV: ALLEN, PRICE THE VALLEY AT GREAT HILLS
Tax Annual Amount 8562
Legal Description ACR: 0.30 BLK 5 LOT 11 ABST: 1454/0563 SURV: ALLEN, PRICE THE VALLEY AT GREAT HILLS

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Flooring type Concrete, Paintedstained
Building materials Brick
Roof type Shingle, Composition
Architectural style Ranch
Listing Agency: The Agents Premiere Realty Grp
Listed By: Marilyn Joyce · License #0667901
Added: Jul 13 Changed: Aug 20 Last Checked: Sep 3 at 6:06AM
MLS# 619025

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 brick ranch-style duplex contains 2,528 square feet across two matching residences. Each unit includes three bedrooms, two full bathrooms, an open-concept living area, an eat-in kitchen, and walk-in closets. Interior finishes include stained concrete flooring, granite countertops, ceiling fans, and abundant natural light. Central electric heating and cooling serve both sides, while public water and sewer support the property.

One residence is leased, and the second is vacant, allowing the next owner to choose between personal occupancy, additional leasing, or extended-family use. The property sits on a 0.3-acre lot near Fort Cavazos, with highway access and nearby shopping, dining, schools, and everyday amenities.

Key Highlights

  • 2,528‑square‑foot duplex completed in 2022
  • Two units, each with 3 bedrooms and 2 full bathrooms
  • One side is rented; the other is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.75%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,000 $437.0K
Cap Rate 7%
$312,143 $312.1K
Cap Rate 9%
$242,778 $242.8K
Market Conditions
NOI Build-Up for 2,528 SF 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.
Gross rent
$33.4K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$31.2K $12.35/SF
− OpEx
−$9.4K −$3.70/SF
NOI
$21.8K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,000
Cap Rate 7%
$312,143
Cap Rate 9%
$242,778

Alternative Uses

Best Use
Multifamily LT 5
$312.1K
$273.1K – $364.2K (±1% cap)
NOI $21,850 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$288.8K
$252.7K – $336.9K (±1% cap)
NOI $20,215 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$607.2K
$531.3K – $708.4K (±1% cap)
NOI $42,504 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Recently built ranch-style duplex with flexible occupancy and modern finishes on a 0.3-acre lot.
Where is this duplex located?
The property is located at 102 Lost Trail Copperas Cove, TX.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 2,528‑square‑foot duplex completed in 2022; Two units, each with 3 bedrooms and 2 full bathrooms; One side is rented; the other is vacant
More about this property
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