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New Multifamily Property
For Sale
$399,999

977 Cline DR A-B, Copperas Cove, TX 76522

Built in 2025 with central air, granite counters, and an eat-in kitchen.

Property Size2,500 SF
Price / SF$159
Days on Market66

Property Features for 977 Cline DR A-B

General Information

Standard status Active
Size 2,500 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $403

Amenities

Ceiling Fan(s), Central Air
Central
Built-In Electric Range, Dishwasher
Ceiling Fan(s), Granite Counters, Eat-in Kitchen, Pantry, Master Downstairs
Privacy
Attached
Private Yard

Building Details

Year Built 2025
Listing Agency: Donlie McMullin Realty
Listed By: Jack Smith · License #0454097
Source: Evrealestate
Added: Aug 3 Changed: Oct 6 Last Checked: Oct 5 at 5:16PM

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 Donlie McMullin Realty

Investment Insights

Based on property information with market context.

Completed in 2025, this multifamily property includes central air, ceiling fans, granite countertops, an eat-in kitchen, and a pantry. The interior also features a built-in electric range, dishwasher, and a downstairs primary bedroom. Exterior features include an attached area and a private yard with privacy elements.

The property is located at 977 Cline DR A-B in Copperas Cove, within Coryell County. Access is provided from Cline Drive, with the road continuing to the property’s endpoint.

Key Highlights

  • Built in 2025
  • Central air and ceiling fans
  • Granite counters with eat‑in kitchen and pantry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,608
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,160 $432.2K
Cap Rate 7%
$308,686 $308.7K
Cap Rate 9%
$240,089 $240.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$33.0K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.9K $12.35/SF
− OpEx
−$9.3K −$3.70/SF
NOI
$21.6K $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%
$432,160
Cap Rate 7%
$308,686
Cap Rate 9%
$240,089

Alternative Uses

Best Use
Multifamily LT 5
$308.7K
$270.1K – $360.1K (±1% cap)
NOI $21,608 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$285.6K
$249.9K – $333.2K (±1% cap)
NOI $19,991 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$600.5K
$525.4K – $700.6K (±1% cap)
NOI $42,034 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Pharmacy Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

129
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 2025 with central air, granite counters, and an eat-in kitchen.
Where is this multifamily property located?
The property is located at 977 Cline DR A-B Copperas Cove, TX.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Built in 2025; Central air and ceiling fans; Granite counters with eat‑in kitchen and pantry
More about this property
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