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    Copperas Cove Multifamily Investment Property Title is generated by Realmo AI

    603 Sunset Lane, Copperas Cove, TX 76522

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    Claim this Listing
    For Sale
    $299,000

    COMMERCIAL - Copperas Cove, TX

    Property size:
    3,136 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $95/SF
    Added:
    May 20, 2026
    Days on Market:
    50
    Last Refresh:
    Jul 8 at 6:06 am

    Property Features for 603 Sunset Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    118833
    Size
    3,136 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CUMMINGS ADDN #2, BLOCK 2, LOT 15, ACRES .243
    Tax Annual Amount
    3728

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    1
    Flooring type
    Tile, Laminate
    Building materials
    Brick
    Roof type
    Composition, Shingle

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    Contact an agent
    Jeanette Dempsey

    Listing agent Jeanette Dempsey License #0611759

    Listing office Ctexas Realty 3800 Stan Schlueter Loop #106, TX

    Listing date May 20, 2026

    MLS# 611948

    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.

    HighLights

    • Brick building with laminate and tile flooring
    • Six rentable units
    • Public water and public sewer service
    • Roof includes composition and shingle materials
    • Window unit cooling system
    • Built in 1971

    Overview

    This multifamily property, located in Copperas Cove, Texas, features six rentable units, offering immediate revenue potential. The property is situated on a 0.243-acre lot and includes a 3,136 square foot building. This property presents an opportunity for investors seeking a property with an established tenant base and consistent monthly income.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $48.9k $15.60
    − Vacancy −$3.3k −$1.06
    EGI $45.6k $14.54
    − OpEx −$20.5k −$6.54
    NOI $25.1k $8.00
    3,136 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $358.2K
    $313.5K – $418.0K (±1% cap)
    NOI $25,077 @ 7.0% cap · market cap 8.39%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $753.2K
    $659.1K – $878.8K (±1% cap)
    NOI $52,727 @ 7.0% cap · market cap 17.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Parking Lot & Garage Electrical Service Furniture & Home Goods Gym & Fitness Center Accounting Firm Computer & Electronic Repair Skin Care Clinic Food Market Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -97.9139893
    Latitude
    31.1130913

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with immediate revenue in Copperas Cove, TX.
    Where is this apartment building located?
    The property is located at 603 Sunset Lane Copperas Cove, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Brick building with laminate and tile flooring; Six rentable units; Public water and public sewer service
    More about this property
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