Modern
For Sale
$382,900
1305 Concord Drive, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,438 SF
Lot Size0.16 Acres
Price / SF$157.05
Days on Market100
Property Features for 1305 Concord Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 3
Interior features
CeilingFans, OpenFloorplan, WalkInClosets, BreakfastBar, GraniteCounters, KitchenFamilyRoomCombo, Pantry
Fencing
Privacy
Appliances
Dishwasher, ElectricCooktop, ExhaustFan, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Refrigerator, SomeElectricAppliances
Subdivision
Freedom Ranch
Lot features
City Lot, Less Than Quarter Acre
Elementary school
JL Williams/Lovett Ledger Elementary
Middle school
S.C.Lee
High school
Copperas Cove High School
Elementary school district
Copperas Cove ISD
Middle school district
Copperas Cove ISD
High school district
Copperas Cove ISD
Directions
I14 West towards Copperas Cove, Tx. Keep right to Hwy 9; take Hwy 9 to Coy Dr., make a left, then left again on Ashley. Go to the end of Ashley then make a right onto Concord Dr., Duplex is on the left.
Standard status
Active
APN
156920
Size
2,438 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FREEDOM RANCH, BLOCK 8, LOT 18
Tax Annual Amount
7742
Legal Description
FREEDOM RANCH, BLOCK 8, LOT 18
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Flooring type
Carpet, Concrete, Paintedstained
Building materials
Brick, BrickVeneer, Masonry
Roof type
Composition, Shingle
Architectural style
Modern
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Oraya Fernandez · License #0718576
(254) 833-3379
Added: Jun 30
Changed: Oct 7
Last Checked: Oct 7 at 4:06AM
MLS# 618322
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 2023, this modern duplex contains 2,438 square feet across two residences. Each unit has three bedrooms and two bathrooms, and one is vacant and ready for occupancy. Interior features include granite counters, walk-in closets, a pantry, and an open floor plan. The property also has privacy fencing and an automatic garage with WiFi controls.
The 0.1584-acre property is in Copperas Cove, within Freedom Ranch Subdivision. Public water and sewer serve the site.
The 0.1584-acre property is in Copperas Cove, within Freedom Ranch Subdivision. Public water and sewer serve the site.
Key Highlights
- Two‑unit duplex with 2,438 square feet
- Built in 2023 on a 0.1584‑acre lot
- Each residence has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,072
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,440
$421.4K
Cap Rate 7%
$301,029
$301.0K
Cap Rate 9%
$234,133
$234.1K
Market Conditions
NOI Build-Up for 2,438 SF
Gross rent
$32.2K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.1K $12.35/SF
− OpEx
−$9.0K −$3.70/SF
NOI
$21.1K $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%
$421,440
Cap Rate 7%
$301,029
Cap Rate 9%
$234,133
Alternative Uses
Best Use
Multifamily LT 5
$301.0K
$263.4K – $351.2K
NOI $21,072 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$278.5K
$243.7K – $324.9K
NOI $19,496 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$585.6K
$512.4K – $683.2K
NOI $40,991 @ 7.0% cap · market cap 10.71%
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
39
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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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 - One residence is vacant and ready for occupancy.
Where is this duplex located?
The property is located at 1305 Concord Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $382,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,438 square feet; Built in 2023 on a 0.1584‑acre lot; Each residence has 3 bedrooms and 2 bathrooms
