3-Bedroom Duplex with Modern
218 Leon Lane Copperas Cove, TX 76522
For Sale
$395,000
MULTI_FAMILY - Contemporary - Copperas Cove, TX
Property Size2,614 SF
Lot Size0.26 Acres
Price / SF$151.11
Days on Market279
Property Features for 218 Leon Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Parking features
- Garage
- Interior features
- CeilingFans, DoubleVanity, PullDownAtticStairs, TubShower, GraniteCounters, Pantry
- Appliances
- Dishwasher, ElectricRange, SomeElectricAppliances, Microwave
- Standard status
- Active
- APN
- 158732
- 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 16, 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
- Contemporary
Listing Agency:
Donlie McMullin Realty
(254) 547-0172
Listed By:
Jack Smith · License #0454097
(254) 290-3132
Added: Oct 20, 2025
Changed: Jul 21
Last Checked: Jul 25 at 1:06AM
MLS# 595794
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 brand-new duplex offers two 3-bedroom, 2-bath residences with a modern interior package. Interior finishes include stained concrete floors and granite countertops, along with ample kitchen storage. Each unit provides a spacious living area and a dedicated laundry area with room for a washer and dryer. The property totals 2,614 square feet on a 0.2631-acre lot.
The duplex is located at 218 Leon Lane in Copperas Cove, Texas. Per the seller’s remarks, one side is currently rented out.
The duplex is located at 218 Leon Lane in Copperas Cove, Texas. Per the seller’s remarks, one side is currently rented out.
Key Highlights
- Brand new 3‑bedroom, 2‑bath duplex under construction (Year built: 2025) with contemporary style
- Granite countertops and ample kitchen storage, plus a dedicated laundry area with space for a washer and dryer
- Stained concrete flooring, double vanity in the bath, and ceiling fans throughout
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
NOI $22,593 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$298.6K
$261.3K – $348.4K
NOI $20,903 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$627.9K
$549.4K – $732.5K
NOI $43,950 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brand-new 3-bedroom, 2-bath duplex with stained concrete floors, granite counters, and a dedicated laundry area.
Where is this duplex located?
The property is located at 218 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: Brand new 3‑bedroom, 2‑bath duplex under construction (Year built: 2025) with contemporary style; Granite countertops and ample kitchen storage, plus a dedicated laundry area with space for a washer and dryer; Stained concrete flooring, double vanity in the bath, and ceiling fans throughout
