Brick
514 Westview Lane, Copperas Cove, TX 76522
For Sale
$131,000
Both residences are rented, with one on a month-to-month arrangement.
Property Size1,215 SF
Price / SF$107.82
Days on Market214
Property Features for 514 Westview Lane
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Ceiling Fan(s)
Tub Shower
Kitchen/Dining Combo
Building Details
Building Size
Year Built
Buildings
Stories
Units
Construction
Tenancy
Listing Agency:
Shaw Properties
(254) 690-8484
Listed By:
Andrea Shaw · License TX #0429881
(254) 681-5572
Source:
Herbstrealestate
Added: Apr 15
Changed: Nov 10
Last Checked: Nov 13 at 11:25AM
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 Shaw Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,215-square-foot duplex, built in 1977, has an all-brick exterior and tile flooring. A large backyard serves the property. The roof was replaced in 2025, and the exterior was painted in 2026.
Both sides are currently rented, and one tenancy is month-to-month. The property is approximately 10 minutes from Fort Hood and close to shopping and restaurants.
Both sides are currently rented, and one tenancy is month-to-month. The property is approximately 10 minutes from Fort Hood and close to shopping and restaurants.
Key Highlights
- 1,215‑square‑foot duplex built in 1977
- All‑brick exterior with tile flooring
- Roof replaced in 2025; exterior painted in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,501
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,020
$210.0K
Cap Rate 7%
$150,014
$150.0K
Cap Rate 9%
$116,678
$116.7K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$16.0K $13.20/SF
− Vacancy
−$1.0K −$0.85/SF
EGI
$15.0K $12.35/SF
− OpEx
−$4.5K −$3.70/SF
NOI
$10.5K $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%
$210,020
Cap Rate 7%
$150,014
Cap Rate 9%
$116,678
Alternative Uses
Best Use
Multifamily LT 5
$150.0K
$131.3K – $175.0K
NOI $10,501 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$138.8K
$121.5K – $161.9K
NOI $9,716 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$291.8K
$255.4K – $340.5K
NOI $20,428 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
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
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Both residences are rented, with one on a month-to-month arrangement.
Where is this duplex located?
The property is located at 514 Westview Lane Copperas Cove, TX.
What is the asking price?
The asking price for this property is $131,000.
What are key features of this property?
This property features: 1,215‑square‑foot duplex built in 1977; All‑brick exterior with tile flooring; Roof replaced in 2025; exterior painted in 2026
