Six-Unit Brick Apartment
For Sale
$299,000
603 Sunset Lane, Copperas Cove, TX 76522
CommercialSale, Copperas Cove, TX
Property Size3,136 SF
Lot Size0.24 Acres
Price / SF$95.34
Days on Market141
Property Features for 603 Sunset Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Cummings
Lot features
City Lot, Less Than Quarter Acre
Elementary school
Fairview/Miss Jewell Elementary
Middle school
S.C.Lee
High school
Copperas Cove High School
Elementary school district
Copperas Cove ISD
Middle school district
Copperas Cove ISD
High school district
Copperas Cove ISD
Directions
Head east toward US-190 BUS 171 ft Turn left toward US-190 BUS 220 ft Turn left onto US-190 BUS 2.5 mi Sharp right onto Georgetown Rd 0.1 mi Turn left onto Sunset Ln
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
Legal Description
CUMMINGS ADDN #2, BLOCK 2, LOT 15, ACRES .243
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1971
Floors in Building
1
Flooring type
Laminate, Tile
Building materials
Brick
Roof type
Shingle, Composition
Listing Agency:
Ctexas Realty
(254) 634-5383
Listed By:
Jeanette Dempsey · License #0611759
(254) 289-7691
Added: May 20
Changed: Sep 14
Last Checked: Oct 7 at 8:06AM
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.
Investment Insights
Based on property information with market context.
This six-unit apartment property contains 3,136 square feet on a 0.243-acre parcel in Copperas Cove. The building was constructed in 1971 with brick exterior materials, laminate and tile flooring, window-unit cooling, and a shingle and composition roof.
Public water and public sewer serve the property. The unit count and existing residential configuration provide a clearly defined multifamily asset, while the city location places the property within Copperas Cove, Texas.
Public water and public sewer serve the property. The unit count and existing residential configuration provide a clearly defined multifamily asset, while the city location places the property within Copperas Cove, Texas.
Key Highlights
- Six rentable units within a 3,136‑square‑foot apartment property
- 0.243‑acre parcel in Copperas Cove, TX
- Brick construction dating to 1971
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,077
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,540
$501.5K
Cap Rate 7%
$358,243
$358.2K
Cap Rate 9%
$278,633
$278.6K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$48.9K $15.60/SF
− Vacancy
−$3.3K −$1.06/SF
EGI
$45.6K $14.54/SF
− OpEx
−$20.5K −$6.54/SF
NOI
$25.1K $8.00/SF
Area
Coryell County, TX
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,540
Cap Rate 7%
$358,243
Cap Rate 9%
$278,633
Alternative Uses
Best Use
Apartment 5plus
$358.2K
$313.5K – $418.0K
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
NOI $52,727 @ 7.0% cap · market cap 17.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with public water and sewer, laminate and tile flooring, and window-unit cooling.
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: Six rentable units within a 3,136‑square‑foot apartment property; 0.243‑acre parcel in Copperas Cove, TX; Brick construction dating to 1971
