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Six-Unit Apartment Building
For Sale
$485,000

905 N Main Street, Copperas Cove, TX 76522

CommercialSale, Copperas Cove, TX

Property Size4,032 SF
Lot Size0.25 Acres
Price / SF$120.29
Days on Market97

Property Features for 905 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision W H Davis
Lot features City Lot, Less Than Quarter Acre
Elementary school Hettie Halestead 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 Heading West on Hwy 190 into Copperas Cove. Right on Avenue D, Right at 2nd light is Main Street. Property is about 1/2 mile on Left across from Elementary School.
Standard status Active
APN 102542
Size 4,032 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 0276 W H DAVIS, ACRES .249
Tax Annual Amount 6627
Legal Description 0276 W H DAVIS, ACRES .249

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

covered parking

Building Details

Year built 1972
Floors in Building 2
Flooring type Laminate, Tile
Building materials BrickVeneer, Frame
Roof type Shingle, Composition
Listing Agency: America'S Choice Real Estate
Listed By: Karen Keys · License #0550352
Added: Jul 13 Changed: Sep 14 Last Checked: Oct 17 at 7:06AM
MLS# 602959

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.

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Investment Insights

Based on property information with market context.

This apartment property contains six units within a 4,032-square-foot building on a 0.249-acre parcel. Construction includes brick veneer and frame components, with laminate and tile flooring installed throughout portions of the property. Covered parking is also provided.

Built in 1972, the building is served by central electric heating and central air conditioning. Public water and public sewer support the property, while the roof consists of shingle and composition materials. The asset is located on N Main Street in Copperas Cove, Texas, within Coryell County.

Key Highlights

  • Six‑unit apartment property on a 0.249‑acre parcel
  • 4,032‑square‑foot building constructed in 1972
  • Updated laminate and tile flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,242
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,840 $644.8K
Cap Rate 7%
$460,600 $460.6K
Cap Rate 9%
$358,244 $358.2K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$62.9K $15.60/SF
− Vacancy
−$4.3K −$1.06/SF
EGI
$58.6K $14.54/SF
− OpEx
−$26.4K −$6.54/SF
NOI
$32.2K $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%
$644,840
Cap Rate 7%
$460,600
Cap Rate 9%
$358,244

Alternative Uses

Best Use
Apartment 5plus
$460.6K
$403.0K – $537.4K (±1% cap)
NOI $32,242 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$968.5K
$847.4K – $1.13M (±1% cap)
NOI $67,792 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Maria's Beauty Salon Nail Salon

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Kitchen & Bath Showroom Furniture & Home Goods Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Brick-and-frame multifamily property with updated flooring and covered parking in Copperas Cove.
Where is this apartment building located?
The property is located at 905 N Main Street Copperas Cove, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Six‑unit apartment property on a 0.249‑acre parcel; 4,032‑square‑foot building constructed in 1972; Updated laminate and tile flooring
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