Brick
309 Janelle Drive, Copperas Cove, TX 76522
For Sale
New
$270,000
Residential, Copperas Cove, TX
Property Size2,236 SF
Lot Size0.21 Acres
Price / SF$120.75
Days on Market1
Property Features for 309 Janelle Drive
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
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Parking features
Interior features
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Subdivision
Lot features
Elementary school
Middle school
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APN
Size
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Taxes and HOA fees
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Tax Annual Amount
Legal Description
Utilities
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Building Details
Year built
Floors in Building
Number of units
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Buildings
Listing Agency:
Coldwell Banker Apex, Realtors
(254) 690-4321
Listed By:
Scott Shine · License TX #0458497
(254) 289-9862
Added: Nov 12
Last Checked: Nov 12 at 11:06PM
MLS# 629758
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 2,236 square feet and was built in 2004. The property sits on a 0.2057-acre parcel. Interior features include an open living area, an eat-in kitchen and dining space, and walk-in closets. The listing also describes a fenced backyard and a one-car garage.
Public water and sewer serve the property.
Public water and sewer serve the property.
Key Highlights
- 2,236 square feet of building area
- 0.2057‑acre parcel
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,326
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,520
$386.5K
Cap Rate 7%
$276,086
$276.1K
Cap Rate 9%
$214,733
$214.7K
Market Conditions
NOI Build-Up for 2,236 SF
Gross rent
$29.5K $13.20/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$27.6K $12.35/SF
− OpEx
−$8.3K −$3.70/SF
NOI
$19.3K $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%
$386,520
Cap Rate 7%
$276,086
Cap Rate 9%
$214,733
Alternative Uses
Best Use
Multifamily LT 5
$276.1K
$241.6K – $322.1K
NOI $19,326 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$255.4K
$223.5K – $298.0K
NOI $17,880 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$537.1K
$469.9K – $626.6K
NOI $37,595 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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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
$174,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Copperas Cove, TX
Properties on Market for Duplexes in Copperas Cove
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - An open-concept interior connects the living area with an eat-in dining space and kitchen.
Where is this duplex located?
The property is located at 309 Janelle Drive Copperas Cove, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 2,236 square feet of building area; 0.2057‑acre parcel; Built in 2004
