Brick Duplex on Fenced
New
For Sale
$298,000
219 Janelle Drive, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,380 SF
Lot Size0.40 Acres
Price / SF$125.21
Days on Market3
Property Features for 219 Janelle Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Garage
Patio and Porch features
Patio
Interior features
CeilingFans, DoubleVanity, PullDownAtticStairs, Pantry, WalkInPantry
Exterior features
Patio
Appliances
Dishwasher, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, SomeElectricAppliances, Range
Subdivision
Western Hills Estates Ph 11
Lot features
City Lot
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
US-190W, R on E Avenue D, right S 1st Street, L onto FM 1113 W Ave B, R on Summers, R on Janelle
Standard status
Active
APN
133246
Size
2,380 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
WESTERN HILLS ESTATES PHS 11, BLOCK 1, LOT 11
Legal Description
WESTERN HILLS ESTATES PHS 11, BLOCK 1, LOT 11
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
tile flooring
smooth top stove
refrigerator
washer/dryer hookup
chain link fence
Building Details
Year built
2004
Floors in Building
1
Flooring type
Tile
Building materials
BrickVeneer
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Home Network Realty
(254) 449-7500
Listed By:
Stephen Owofade · License #0544504
(254) 415-0137
Added: Sep 23
Last Checked: Sep 25 at 7:06PM
MLS# 625599
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 2,380-square-foot duplex at 219 Janelle Drive includes two three-bedroom, two-bath units, each with a one-car garage and utility area. The brick-veneer property was built in 2004 and sits on a 0.4014-acre corner lot enclosed by chain-link fencing. Interior features include tile flooring, ceiling fans, pantries, double vanities, and pull-down attic stairs. Central electric heating and cooling serve both units, while public water and public sewer support the property.
Apartment A has been freshly painted and is vacant. Its appliances include a smooth-top range, refrigerator, dishwasher, disposal, and range hood, with washer and dryer hookups provided. Apartment B has had a tenant in place for over 2 years. A patio, composition shingle roof, and garage parking add to the existing improvements.
Apartment A has been freshly painted and is vacant. Its appliances include a smooth-top range, refrigerator, dishwasher, disposal, and range hood, with washer and dryer hookups provided. Apartment B has had a tenant in place for over 2 years. A patio, composition shingle roof, and garage parking add to the existing improvements.
Key Highlights
- 2,380 square feet on a 0.4014‑acre lot
- Two 3‑bedroom, 2‑bath units with 1‑car garages
- Brick‑veneer construction completed in 2004
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
$20,571
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
6.90%
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%
$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
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
$31.4K $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 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%
$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.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
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
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer garages, utility areas, and a mix of occupied and vacant space.
Where is this duplex located?
The property is located at 219 Janelle Drive 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 feet on a 0.4014‑acre lot; Two 3‑bedroom, 2‑bath units with 1‑car garages; Brick‑veneer construction completed in 2004
