308 Primrose Drive Copperas Cove, TX 76522
MULTI_FAMILY - Other - Copperas Cove, TX
- Added:
- Apr 7, 2026
- Days on Market:
- 96
- Last Refresh:
- Jul 11 at 12:06 pm
Property Features for 308 Primrose Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
- Interior features
- CeilingFans, Vanity
- Appliances
- Dishwasher, Refrigerator, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 142826
- Size
- 2,244 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- THE MEADOWS PHS 2, BLOCK 3, LOT 27, ACRES .0
- Tax Annual Amount
- 6172
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- BrickVeneer, HardiplankType
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Chris Torrey License #0534895 (512) 787-5968
Listing office Elite Realty Advisors 401 Center Street Suite B, Kyle, TX (512) 813-0213
Listing date Apr 7, 2026
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.
The property is located at 308 Primrose Drive in Copperas Cove, TX 76522, within Coryell County. It is positioned as an investor and owner-occupant option, supported by the current leasing arrangement that includes one side operating on a month-to-month basis.
For tenants and owner-occupants, the layout supports straightforward living and managing separate households within one building. For buyers, the duplex structure offers the practicality of maintaining rental income while considering the option to occupy one unit. Current information indicates both units are generating $1,200 per month, with one side on a month-to-month lease term.
Key Highlights
- Duplex built in 2006 with 2,292 total SF and two units, each with 3 bedrooms and 2 bathrooms
- Each unit includes a 1‑car garage and a divided large backyard
- Current income: both units bringing in $1,200 per month; one side is leased month‑to‑month
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 | $29.6k | $13.20 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $27.7k | $12.35 |
| − OpEx | −$8.3k | −$3.70 |
| NOI | $19.4k | $8.64 |
