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New Construction Duplex with Garages
For Sale
$410,000

505 Adley Avenue, Copperas Cove, TX 76522

Residential, Copperas Cove, TX

Property Size2,588 SF
Lot Size0.25 Acres
Price / SF$158.42
Days on Market48

Property Features for 505 Adley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Parking features Garage
Interior features CeilingFans, PullDownAtticStairs, Vanity, WalkInClosets, BreakfastBar, EatInKitchen, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Kitchenette
Appliances Dishwasher, ElectricCooktop, Disposal, MultipleWaterHeaters, Microwave, Oven, SomeElectricAppliances, Cooktop
Subdivision Heritage Place
Lot features Cul De Sac, City Lot, Level, Quarter To Half Acre Lot
Elementary school district Copperas Cove ISD
Middle school district Copperas Cove ISD
High school district Copperas Cove ISD
Directions 190 W, Take 3046 (left), right on Adley, Duplex at the end
Standard status Active
APN 158794
Size 2,588 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HERITAGE PLACE ADDITION PHASE ONE, BLOCK 6, LOT 12, ACRES 0.2181
Legal Description HERITAGE PLACE ADDITION PHASE ONE, BLOCK 6, LOT 12, ACRES 0.2181

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Amenities

automatic sprinkler system
wood privacy fence

Building Details

Year built 2026
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick, HardiplankType, Masonry, StoneVeneer
Roof type Shingle, Composition
Architectural style Ranch
Listing Agency: The Real Estate Home Team Llc
Listed By: Jessica Lloyd · License #0644878
Added: Aug 21 Changed: Sep 24 Last Checked: Oct 7 at 4:06AM
MLS# 623324

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 under-construction duplex property is designed as two residential units, each offering three bedrooms and a private primary suite with an attached bathroom, walk-in shower, and walk-in closet. The combined building measures 2,588 square feet on a 0.2511-acre lot. Interior specifications include vinyl flooring, granite countertops, tile backsplashes, stainless steel appliances, breakfast bars, walk-in closets, and ceiling fans. Each side also includes a garage, public water, and public sewer service.

The exterior combines brick, stone veneer, and Hardiplank-type materials with full yard sod, an automatic sprinkler system, and a wood privacy fence. The property is located in a newly developed subdivision in Copperas Cove, with shopping, dining, and Fort Hood described as minutes away. Construction is scheduled for 2026 completion, subject to the property's stated under-construction condition.

Key Highlights

  • Two‑unit duplex property with 2,588 square feet of combined building area
  • 0.2511‑acre lot in Copperas Cove, TX 76522
  • Each unit includes 3 bedrooms and a private primary suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,368
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,360 $447.4K
Cap Rate 7%
$319,543 $319.5K
Cap Rate 9%
$248,533 $248.5K
Market Conditions
NOI Build-Up for 2,588 SF
Gross rent
$34.2K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$32.0K $12.35/SF
− OpEx
−$9.6K −$3.70/SF
NOI
$22.4K $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%
$447,360
Cap Rate 7%
$319,543
Cap Rate 9%
$248,533

Alternative Uses

Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K (±1% cap)
NOI $22,368 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$295.6K
$258.7K – $344.9K (±1% cap)
NOI $20,695 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$621.6K
$543.9K – $725.2K (±1% cap)
NOI $43,513 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit ranch-style property with three-bedroom layouts, private primary suites, and upgraded interior finishes.
Where is this duplex located?
The property is located at 505 Adley Avenue Copperas Cove, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two‑unit duplex property with 2,588 square feet of combined building area; 0.2511‑acre lot in Copperas Cove, TX 76522; Each unit includes 3 bedrooms and a private primary suite
More about this property
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