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    Modern Duplex Investment Property Title is generated by Realmo AI

    214 Leon Lane, Copperas Cove, TX 76522

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    Claim this Listing
    For Sale
    $395,000

    MULTI_FAMILY - Modern - Copperas Cove, TX

    Property size:
    2,614 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $151/SF
    Added:
    Oct 27, 2025
    Days on Market:
    226
    Last Refresh:
    Jun 9 at 5:06 pm

    Property Features for 214 Leon Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Parking features
    Garage
    Interior features
    CeilingFans, DoubleVanity, PullDownAtticStairs, TubShower, GraniteCounters, Pantry
    Appliances
    Dishwasher, ElectricRange, SomeElectricAppliances, Microwave
    Standard status
    Active
    APN
    158733
    Size
    2,614 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    HERITAGE PLACE ADDITION PHASE ONE, BLOCK 4, LOT 17, ACRES 0.2631
    Tax Annual Amount
    339

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    1
    Flooring type
    Paintedstained, Concrete
    Building materials
    BrickVeneer, StoneVeneer
    Roof type
    Composition, Shingle
    Architectural style
    Modern

    We can help!

    Listing Contact
    Jack Smith
    Jack Smith

    Listing agent Jack Smith License #0454097

    Listing office Donlie McMullin Realty 202 S 1st St., TX

    Listing date Oct 27, 2025

    MLS# 595800 Listing URL

    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.

    HighLights

    • New 2025 duplex currently under construction in modern style
    • Total 2,614 SF duplex with 3 bedrooms and 2 bathrooms on each side
    • Side A is rented for $1,395
    • Granite countertops throughout kitchen and bathrooms
    • Central heating and central air; ceiling fans and double vanity in bath
    • Stained concrete floors plus full sod yard with irrigation system

    Overview

    New construction duplex located at 214 Leon Lane, featuring a modern, low-maintenance design. The property totals 2,614 square feet, with each side built out as a 3-bedroom, 2-bath residence. Interior finishes include stained concrete flooring, and granite countertops appear in the kitchens and bathrooms. Kitchens are designed for day-to-day functionality while maintaining an updated look.

    Outside, the duplex includes full sod and an irrigation system to support straightforward yard maintenance. The listing indicates Side A is currently rented.

    For buyers seeking a residential income property, the configuration offers two separate, similarly sized units within one duplex structure. Each unit’s 3-bedroom layout can be attractive for tenants who want additional space, and the included exterior landscaping features are intended to reduce ongoing upkeep. The property may be a practical fit for investors looking to own a newer duplex with consistent unit design and manageable maintenance features.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $34.5k $13.20
    − Vacancy −$2.2k −$0.85
    EGI $32.3k $12.35
    − OpEx −$9.7k −$3.70
    NOI $22.6k $8.64
    2,614 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $322.8K
    $282.4K – $376.6K (±1% cap)
    NOI $22,593 @ 7.0% cap · market cap 5.72%
    Second Best
    Apartment 5plus
    $298.6K
    $261.3K – $348.4K (±1% cap)
    NOI $20,903 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    Office A
    $627.9K
    $549.4K – $732.5K (±1% cap)
    NOI $43,950 @ 7.0% cap · market cap 11.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -97.915608
    Latitude
    31.092832

    FAQs

    What type of property is this?
    Duplex - Newly built duplex with two 3-bedroom, 2-bath units and low-maintenance finishes for residential income.
    Where is this duplex located?
    The property is located at 214 Leon Lane Copperas Cove, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: New 2025 duplex currently under construction in modern style; Total 2,614 SF duplex with 3 bedrooms and 2 bathrooms on each side; Side A is rented for $1,395
    More about this property
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