Six-Bedroom
For Sale
$290,000
210 Janelle Drive, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,374 SF
Lot Size0.20 Acres
Price / SF$122.16
Days on Market47
Property Features for 210 Janelle Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2
Interior features
CeilingFans, DoubleVanity, GardenTubRomanTub, TubShower, Vanity, BreakfastBar, EatInKitchen
Appliances
Dishwasher, ElectricCooktop, Refrigerator, SomeElectricAppliances, Range
Subdivision
Western Hills Estates Phs 11
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
Take I-14 and State Hwy 9, use the right lane to take the ramp onto N 1st St/N FM 116, Turn left onto Lutheran Church Rd, Turn left onto Summers Rd, Turn left onto Janelle Dr.
Standard status
Active
APN
133267
Size
2,374 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WESTERN HILLS ESTATES PHS 11, BLOCK 2, LOT 5, ACRES .1964
Tax Annual Amount
5436
Legal Description
WESTERN HILLS ESTATES PHS 11, BLOCK 2, LOT 5, ACRES .1964
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile, Linoleum
Building materials
Masonry
Roof type
Shingle, Composition
Architectural style
Contemporary
Listing Agency:
Asset R&S Realty
Listed By:
Tessa Lucas-Green · License #0530457
(254) 290-0218
Added: Jul 31
Changed: Sep 15
Last Checked: Sep 15 at 8:06AM
MLS# 620948
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 2005, this contemporary masonry duplex contains 2,374 square feet across two residential units, with each unit configured with three bedrooms. Interior finishes include carpet, tile, and linoleum, while kitchens include breakfast bars, eat-in areas, electric cooktops, ranges, refrigerators, and dishwashers. Additional features include ceiling fans, double vanities, and tub-and-shower combinations.
The property occupies 0.1964 acres at 210 Janelle Drive in Copperas Cove, Texas. Public water and public sewer serve the property. Shingle and composition roofing, established shade trees, and a front yard are also present.
The property occupies 0.1964 acres at 210 Janelle Drive in Copperas Cove, Texas. Public water and public sewer serve the property. Shingle and composition roofing, established shade trees, and a front yard are also present.
Key Highlights
- Two‑unit duplex with three bedrooms per unit
- 2,374 square feet on 0.1964 acres
- Built in 2005 with masonry construction
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
$20,519
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
7.08%
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%
$410,380
$410.4K
Cap Rate 7%
$293,129
$293.1K
Cap Rate 9%
$227,989
$228.0K
Market Conditions
NOI Build-Up for 2,374 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
$31.3K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.3K $12.35/SF
− OpEx
−$8.8K −$3.70/SF
NOI
$20.5K $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%
$410,380
Cap Rate 7%
$293,129
Cap Rate 9%
$227,989
Alternative Uses
Best Use
Multifamily LT 5
$293.1K
$256.5K – $342.0K
NOI $20,519 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$271.2K
$237.3K – $316.4K
NOI $18,984 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$570.2K
$498.9K – $665.3K
NOI $39,915 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
43
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry duplex with two three-bedroom units and established shade trees.
Where is this duplex located?
The property is located at 210 Janelle Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms per unit; 2,374 square feet on 0.1964 acres; Built in 2005 with masonry construction
