Duplex with Private Fenced
New
For Sale
$149,000
408 Sunset Lane #A & B, Copperas Cove, TX 76522
Each residence has a fenced outdoor area and its own wall-mounted heating and cooling unit.
Property Size1,075 SF
Price / SF$138.60
Days on Market6
Property Features for 408 Sunset Lane #A & B
General Information
Standard status
Active
Size
1,075 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Amenities
private fenced backyard
Cable TV Available
Building Details
Building Size
1,075 SF
Year Built
1971
Buildings
2
Stories
1
Units
2
Listing Agency:
Guerrero Executives Realty
(254) 368-3180
Listed By:
Milidtza Guerrero · License #0624768
(214) 240-3455
Source:
Bourquinrealty
Added: Oct 20
Changed: Oct 22
Last Checked: Oct 22 at 8:35AM
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 Guerrero Executives Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1971, this 1,075-square-foot duplex contains two separate residences, each arranged with one bedroom and one bathroom. Updated flooring runs through both units. Recent work includes a new roof and electrical system updates, and each residence has a wall unit for heating and cooling.
Both units also have their own fenced backyard. The property is in Copperas Cove, near shopping, dining, and Fort Cavazos.
Both units also have their own fenced backyard. The property is in Copperas Cove, near shopping, dining, and Fort Cavazos.
Key Highlights
- Two separate units, each with 1 bedroom and 1 bathroom
- 1,075 square feet; built in 1971
- New roof and updated electrical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,291
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,820
$185.8K
Cap Rate 7%
$132,729
$132.7K
Cap Rate 9%
$103,233
$103.2K
Market Conditions
NOI Build-Up for 1,075 SF
Gross rent
$14.2K $13.20/SF
− Vacancy
−$917 −$0.85/SF
EGI
$13.3K $12.35/SF
− OpEx
−$4.0K −$3.70/SF
NOI
$9.3K $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%
$185,820
Cap Rate 7%
$132,729
Cap Rate 9%
$103,233
Alternative Uses
Best Use
Multifamily LT 5
$132.7K
$116.1K – $154.9K
NOI $9,291 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$122.8K
$107.5K – $143.3K
NOI $8,596 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$258.2K
$225.9K – $301.2K
NOI $18,074 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1
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 - Each residence has a fenced outdoor area and its own wall-mounted heating and cooling unit.
Where is this duplex located?
The property is located at 408 Sunset Lane #A & B Copperas Cove, TX.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two separate units, each with 1 bedroom and 1 bathroom; 1,075 square feet; built in 1971; New roof and updated electrical systems
