Four-Unit Brick
For Sale
$259,000
512 Sunset Lane, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,520 SF
Lot Size0.15 Acres
Price / SF$102.78
Days on Market159
Property Features for 512 Sunset Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Full bathrooms
4
Rooms
Bedroom 7, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 5, Bedroom 2
Appliances
ElectricCooktop, ElectricRange, GasCooktop, Refrigerator, Cooktop, Range
Subdivision
Cummings
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Copperas Cove ISD
Middle school district
Copperas Cove ISD
High school district
Copperas Cove ISD
Directions
From US-190 (E Business 190) in Copperas Cove, head west on E Business 190, turn right onto Sunset Ln, and continue to 512 Sunset Ln-property will be on your left.
Standard status
Active
APN
118806
Size
2,520 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CUMMINGS ADDN #2, BLOCK 1, LOT 13, ACRES .154
Tax Annual Amount
4342
Legal Description
CUMMINGS ADDN #2, BLOCK 1, LOT 13, ACRES .154
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1971
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
BrickVeneer, Frame
Roof type
Shingle, Composition
Listing Agency:
All City Real Estate Ltd. Co
(866) 277-6005
Listed By:
Rajaram Gautam · License #0740027
(832) 420-2131
Added: Apr 10
Changed: Sep 14
Last Checked: Sep 15 at 10:06AM
MLS# 609601
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 four-unit residential property contains 2,520 square feet on a 0.154-acre lot in Copperas Cove. Built in 1971, the building features a painted brick exterior, vinyl flooring, composition and shingle roofing, and functional layouts across the units. Public water and public sewer serve the property, with open green space occupying part of the lot.
The property is located at 512 Sunset Lane near shopping, dining, and schools. Fort Hood is approximately a 12–20 minute drive away, providing a defined nearby employment and institutional reference point. The asset combines a fourplex configuration with established residential construction and a manageable lot.
The property is located at 512 Sunset Lane near shopping, dining, and schools. Fort Hood is approximately a 12–20 minute drive away, providing a defined nearby employment and institutional reference point. The asset combines a fourplex configuration with established residential construction and a manageable lot.
Key Highlights
- Fourplex configuration with 2,520 square feet of building area
- 0.154‑acre lot with open green space
- Painted brick exterior with frame construction materials
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
$21,781
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
8.41%
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%
$435,620
$435.6K
Cap Rate 7%
$311,157
$311.2K
Cap Rate 9%
$242,011
$242.0K
Market Conditions
NOI Build-Up for 2,520 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
$33.3K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$31.1K $12.35/SF
− OpEx
−$9.3K −$3.70/SF
NOI
$21.8K $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%
$435,620
Cap Rate 7%
$311,157
Cap Rate 9%
$242,011
Alternative Uses
Best Use
Multifamily LT 5
$311.2K
$272.3K – $363.0K
NOI $21,781 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$287.9K
$251.9K – $335.9K
NOI $20,151 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$605.3K
$529.6K – $706.2K
NOI $42,370 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
416
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Maintained residential income property with open yard space and access to public water and sewer services.
Where is this quadplex located?
The property is located at 512 Sunset Lane Copperas Cove, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Fourplex configuration with 2,520 square feet of building area; 0.154‑acre lot with open green space; Painted brick exterior with frame construction materials
