New Multifamily
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 Market96
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
(254) 290-3132
Source:
Evrealestate
Added: Aug 3
Changed: Nov 4
Last Checked: Nov 4 at 12:17PM
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
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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.
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
NOI $21,608 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$285.6K
$249.9K – $333.2K
NOI $19,991 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$600.5K
$525.4K – $700.6K
NOI $42,034 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
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
