Modern Residential Income
983 Cline Drive Copperas Cove, TX 76522
For Sale
$399,999
MULTI_FAMILY - Contemporary - Copperas Cove, TX
Property Size2,500 SF
Lot Size0.22 Acres
Price / SF$159
Days on Market184
Property Features for 983 Cline Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Parking features
- Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- CeilingFans, DoubleVanity, PullDownAtticStairs, TubShower, GraniteCounters
- Exterior features
- CoveredPatio, Porch
- Appliances
- Dishwasher, ElectricRange, SomeElectricAppliances, Cooktop
- Standard status
- Active
- APN
- 158035
- Size
- 2,500 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VILLAGE AT WALKER PLACE PHS 2, BLOCK 4, LOT 40, ACRES 0.2203
- Tax Annual Amount
- 396
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Flooring type
- Concrete, Paintedstained
- Building materials
- BrickVeneer
- Roof type
- Composition, Shingle
- Architectural style
- Contemporary
Listing Agency:
Donlie McMullin Realty
(254) 547-0172
Listed By:
Jack Smith · License #0454097
(254) 290-3132
Added: Jan 22
Changed: Jul 24
Last Checked: Jul 25 at 1:06AM
MLS# 602070
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 modern duplex is offered for sale as a residential income property. The property totals 2,500 square feet on a 0.2203-acre lot.
Located at 983 Cline Drive in Copperas Cove, Texas, the home sits in Coryell County (ZIP 76522).
The listing is structured as a duplex format, providing a straightforward residential income setup within the stated improvements and lot size.
Located at 983 Cline Drive in Copperas Cove, Texas, the home sits in Coryell County (ZIP 76522).
The listing is structured as a duplex format, providing a straightforward residential income setup within the stated improvements and lot size.
Key Highlights
- Under construction modern home with 2025 build year
- Central heating and central air conditioning
- Brick veneer construction with shingle/composition roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $13.20 |
| − Vacancy | −$2.1k | −$0.85 |
| EGI | $30.9k | $12.35 |
| − OpEx | −$9.3k | −$3.70 |
| NOI | $21.6k | $8.64 |
2,500 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Modern duplex with residential income potential on a 0.2203-acre lot in Copperas Cove, TX.
Where is this duplex located?
The property is located at 983 Cline Drive 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: Under construction modern home with 2025 build year; Central heating and central air conditioning; Brick veneer construction with shingle/composition roof
