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Brick Duplex with Two Units
For Sale
$183,000

211 Horseshoe Drive, Copperas Cove, TX 76522

Residential, Copperas Cove, TX

Property Size1,700 SF
Lot Size0.17 Acres
Price / SF$107.65
Days on Market170

Property Features for 211 Horseshoe Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1
Interior features CeilingFans
Fencing Privacy
Appliances Dishwasher, ExhaustFan, ElectricRange, Refrigerator, WaterHeater, SomeElectricAppliances, Range
Subdivision Cummings Addn #3
Lot features City Lot, Less Than Quarter Acre
Elementary school Fairview/Miss Jewell Elementary
Middle school Copperas Cove Junior High
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 Starting from Killeen at Clear Creek, take Hwy I -14 to Copperas Cove. Follow1-14 / US 190 towards Lampasas, keep left to 190/ US -190 W, take a right, and Exit S FM 116 Left onto W Business 190 turn right.
Standard status Active
APN 118855
Size 1,700 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CUMMINGS ADDN #3, BLOCK 1, LOT 6, ACRES .1694
Tax Annual Amount 3957
Legal Description CUMMINGS ADDN #3, BLOCK 1, LOT 6, ACRES .1694

Utilities

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

Building Details

Year built 1986
Floors in Building 1
Number of units 1
Flooring type Laminate, Carpet
Building materials Masonry
Roof type Composition, Shingle
Architectural style Ranch
Listing Agency: Lone Star Realty & Property Ma
Listed By: Karen Doerbaum · License #0386068
Added: Apr 21 Changed: Sep 30 Last Checked: Oct 7 at 3:06AM
MLS# 610963

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.

This 1,700-square-foot duplex contains two residential units, with each side configured with two bedrooms and one bathroom. The all-masonry exterior is paired with a composition shingle roof, central heating and cooling, ceiling fans, laminate and carpet flooring, and privacy fencing. Appliances include refrigerators, electric ranges, dishwashers, exhaust fans, and water heaters. The roof is approximately three years old, and the exterior has been recently painted.

Built in 1986 on 0.1694 acres, the property is located at 211 Horseshoe Drive in Copperas Cove, Texas. Both units are currently occupied. Public water and public sewer serve the property, providing established utility infrastructure for the duplex.

Key Highlights

  • Two‑unit duplex with 1,700 square feet of total property size
  • Each unit includes 2 bedrooms and 1 bathroom
  • Both units are currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,693
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,860 $293.9K
Cap Rate 7%
$209,900 $209.9K
Cap Rate 9%
$163,256 $163.3K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$22.4K $13.20/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$21.0K $12.35/SF
− OpEx
−$6.3K −$3.70/SF
NOI
$14.7K $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%
$293,860
Cap Rate 7%
$209,900
Cap Rate 9%
$163,256

Alternative Uses

Best Use
Multifamily LT 5
$209.9K
$183.7K – $244.9K (±1% cap)
NOI $14,693 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$194.2K
$169.9K – $226.6K (±1% cap)
NOI $13,594 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$408.3K
$357.3K – $476.4K (±1% cap)
NOI $28,583 @ 7.0% cap · market cap 15.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

422
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Both residences are occupied and include two bedrooms, one bathroom, and central HVAC.
Where is this duplex located?
The property is located at 211 Horseshoe Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $183,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,700 square feet of total property size; Each unit includes 2 bedrooms and 1 bathroom; Both units are currently occupied
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