Duplex with Attached
New
For Sale
$292,000
611 Bermuda, Copperas Cove, TX 76522
Residential, Copperas Cove, TX
Property Size2,317 SF
Lot Size0.21 Acres
Price / SF$126.03
Days on Market1
Property Features for 611 Bermuda
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2
Interior features
CeilingFans, PullDownAtticStairs, Pantry
Fencing
Perimeter
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, MultipleWaterHeaters, Microwave, Refrigerator, SomeElectricAppliances, Range
Subdivision
The Meadows Phase 2
Lot features
City Lot, Less Than Quarter Acre
Elementary school
JL Williams/Lovett Ledger 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
From downtown Copperas Cove, take N Main St, turn left onto W Avenue B, then turn right onto Bermuda St. Continue to 611 Bermuda St.
Standard status
Active
APN
142846
Size
2,317 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
THE MEADOWS PHS 2, BLOCK 4, LOT 20, ACRES .0
Tax Annual Amount
6373
Legal Description
THE MEADOWS PHS 2, BLOCK 4, LOT 20, ACRES .0
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
covered porches and patios
pull-down attic stairs
Building Details
Year built
2006
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet, Tile
Building materials
Masonry
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Stillhouse Realty Llc
Listed By:
Shaina Negrete · License #0684328
(512) 540-1652
Added: Sep 27
Last Checked: Sep 27 at 4:06PM
MLS# 626391
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.
Built in 2006, this duplex contains two residences within 2,317 square feet. Each side has three bedrooms, two full bathrooms, a kitchen, a living area, a private entrance, and an attached garage. Pull-down attic stairs offer access to additional storage. Covered porches and patios extend the living areas outdoors, while storm doors are installed at the entrances. The property occupies 0.2147 acres and is served by public water and sewer.
The roof was replaced in 2015, and a new HVAC system was installed in March 2026. Both residences include appliances such as a dishwasher, range, microwave, and refrigerator. The two-unit configuration allows the residences to be used separately, with each retaining its own entrance and garage.
The roof was replaced in 2015, and a new HVAC system was installed in March 2026. Both residences include appliances such as a dishwasher, range, microwave, and refrigerator. The two-unit configuration allows the residences to be used separately, with each retaining its own entrance and garage.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,317 square feet on a 0.2147‑acre lot
- Attached garage and private entrance for each residence
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
$20,026
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
6.86%
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%
$400,520
$400.5K
Cap Rate 7%
$286,086
$286.1K
Cap Rate 9%
$222,511
$222.5K
Market Conditions
NOI Build-Up for 2,317 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
$30.6K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$28.6K $12.35/SF
− OpEx
−$8.6K −$3.70/SF
NOI
$20.0K $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%
$400,520
Cap Rate 7%
$286,086
Cap Rate 9%
$222,511
Alternative Uses
Best Use
Multifamily LT 5
$286.1K
$250.3K – $333.8K
NOI $20,026 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$264.7K
$231.6K – $308.8K
NOI $18,528 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$556.5K
$487.0K – $649.3K
NOI $38,957 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
32
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained residences have private entrances, full kitchens, and covered outdoor areas.
Where is this duplex located?
The property is located at 611 Bermuda Copperas Cove, TX.
What is the asking price?
The asking price for this property is $292,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,317 square feet on a 0.2147‑acre lot; Attached garage and private entrance for each residence
