Brick Duplex with Fenced
For Sale
$298,000
219 Janelle Dr Unit A & B, Copperas Cove, TX 76522
Two three-bedroom residences each include two baths and a one-car garage.
Property Size2,380 SF
Price / SF$125.21
Days on Market37
Property Features for 219 Janelle Dr Unit A & B
General Information
Standard status
Active
Size
2,380 SF
Property subtype
Multi-Family
Building Details
Year Built
2004
Listing Agency:
Home Network Realty
Listed By:
Stephen Owofade (254) 449-7500 · License #0544504
(254) 415-0137
Source:
Homeguidecentraltexas
Added: Sep 11
Changed: Oct 9
Last Checked: Oct 16 at 9:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Network Realty
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Investment Insights
Based on property information with market context.
Built in 2004, this 2,380-square-foot brick duplex contains two three-bedroom, two-bath units, each with a one-car garage and utility area. The property occupies a corner lot enclosed by chain-link fencing.
Apartment A is vacant, has tile flooring throughout, and was recently painted. Its kitchen includes a smooth-top stove and refrigerator, with washer and dryer hookups. Apartment B has a tenant who has lived there for more than two years.
Apartment A is vacant, has tile flooring throughout, and was recently painted. Its kitchen includes a smooth-top stove and refrigerator, with washer and dryer hookups. Apartment B has a tenant who has lived there for more than two years.
Key Highlights
- 2,380‑square‑foot brick duplex built in 2004
- Two units, each with 3 bedrooms, 2 bathrooms, and a 1‑car garage
- Vacant Apartment A features tile flooring throughout and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,571
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
$411.4K
Cap Rate 7%
$293,871
$293.9K
Cap Rate 9%
$228,567
$228.6K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$31.4K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.4K $12.35/SF
− OpEx
−$8.8K −$3.70/SF
NOI
$20.6K $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%
$411,420
Cap Rate 7%
$293,871
Cap Rate 9%
$228,567
Alternative Uses
Best Use
Multifamily LT 5
$293.9K
$257.1K – $342.9K
NOI $20,571 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K
NOI $19,032 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$571.7K
$500.2K – $666.9K
NOI $40,016 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include two baths and a one-car garage.
Where is this duplex located?
The property is located at 219 Janelle Dr Unit A & B Copperas Cove, TX.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 2,380‑square‑foot brick duplex built in 2004; Two units, each with 3 bedrooms, 2 bathrooms, and a 1‑car garage; Vacant Apartment A features tile flooring throughout and fresh paint
