Two-Unit Three-Bedroom
For Sale
$399,999
A-b-977 Cline Drive, Copperas Cove, TX 76522
Each residence offers granite kitchen finishes, two bathrooms, and a covered outdoor living area.
Property Size2,500 SF
Price / SF$159
Days on Market90
Property Features for A-b-977 Cline Drive
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$403
Amenities
granite countertops
covered patio
Building Details
Buildings
1
Listing Agency:
Donlie McMullin Realty
(254) 547-0172
Listed By:
Jack Smith · License #0454097
(254) 290-3132
Source:
Exprealty
Added: Jul 10
Changed: Oct 3
Last Checked: Oct 5 at 9:48PM
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.
This 2,500-square-foot duplex is configured as two separate residences, with each side offering three bedrooms and two bathrooms. Both units feature open living space, granite kitchen countertops, substantial cabinet storage, and covered patio areas. The layout supports separate household occupancy while providing consistent features across the property.
The property is located in Copperas Cove near schools, shopping, and Fort Hood. Side A is currently rented, adding an existing occupancy component to the property. The address is A-B-977 Cline Drive.
The property is located in Copperas Cove near schools, shopping, and Fort Hood. Side A is currently rented, adding an existing occupancy component to the property. The address is A-B-977 Cline Drive.
Key Highlights
- Two‑unit duplex with 2,500 square feet of property size
- Each unit includes 3 bedrooms and 2 bathrooms
- Granite countertops and ample kitchen cabinet storage
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.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
129
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers granite kitchen finishes, two bathrooms, and a covered outdoor living area.
Where is this duplex located?
The property is located at A-b-977 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: Two‑unit duplex with 2,500 square feet of property size; Each unit includes 3 bedrooms and 2 bathrooms; Granite countertops and ample kitchen cabinet storage
