303 N 7th St · Copperas Cove, TX 76522

$124,750

3 bd · 1.0 ba · 1,316 sqft · SingleFamily public records · 94 Days on market

Built 1989 8,624 sqft lot $95/sqft · 10% below area Est $139k · 10% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.7/30.0
• ARV discount +12.0/15.0
• DSCR +5.5/10.0
• 1% rule +5.4/10.0
• Schools +3.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Amazing opportunity to make this your dream home! A Master bath and bedroom could be added in the attic area. In fact partial flooring and insulation has been done. Framing had also been started. Inside the layout is practical and flexible. The third bedroom area works well as a home office, playroom or hobby space. The kitchen includes a dishwasher, electric range and refrigerator. Washer and dryer will stay with the home. Large private backyard with metal fencing and two gates. Sizeable covered back patio for entertaining or relaxing in your own hot tub. The backyard provides ample space for gardening or future improvements.

Key facts

• Third bedroom area
• Flexible layout
• 8,624 sq ft lot

Tags

• MASTER BATH AND BEDROOM
• FLEXIBLE LAYOUT
• THIRD BEDROOM AREA
• KITCHEN INCLUDES DISHWASHER
• LARGE PRIVATE BACKYARD
• SIZEABLE COVERED BACK PATIO

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $101 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 3.4% in Copperas Cove — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#706 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D+, amenities F.
• Copperas Cove ISD (suburban): math 41% / reading 42% proficiency, ranked #340 of 826 in TX (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.2%/yr); 608 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; 386 units permitted in Coryell County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $862 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 55% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,522 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.26%
• Cash-on-cash: 3.46%
• DSCR: 1.15
• GRM: 8.0

CMA / ARV

• ARV (median comp): $138,762
• List price: $124,750
• Delta: -10.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
816 N 23rd St	0.70mi	3/2.0	1,333 (+1%)	0mo	$191,000	$143	61
612 N 13th St	0.33mi	3/1.5	1,152 (-12%)	2mo	$168,350	$146	61
208 N 2nd St	0.36mi	3/2.0	1,476 (+12%)	2mo	$160,000	$108	57
907 Hackberry St	0.56mi	3/2.0	1,212 (-8%)	0mo	$185,000	$153	56
1014 N 4th St	0.74mi	3/2.0	1,263 (-4%)	1mo	$186,000	$147	54
512 N 23rd St	0.59mi	4/2.0 (+1)	1,400 (+6%)	2mo	$210,000	$150	51
112 W Hogan Dr	0.75mi	3/2.0	1,407 (+7%)	0mo	$195,000	$139	49
712 N 23rd St	0.65mi	3/2.0	1,190 (-10%)	1mo	$154,000	$129	49
918 Marilyn Dr	0.68mi	3/2.0	1,434 (+9%)	0mo	$190,000	$132	49
1301 Fairbanks St	0.75mi	4/2.0 (+1)	1,371 (+4%)	2mo	$220,000	$160	48
802 S 23rd St	0.70mi	3/1.5	1,506 (+14%)	1mo	$93,730	$62	40
1202 Dryden Ave	0.74mi	3/1.5	1,142 (-13%)	2mo	$180,000	$158	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -14.5%
• Equity multiple: 0.50×
• Total profit: $-17,535
• Equity at exit: $18,601

10-year hold

• IRR: -12.1%
• Equity multiple: 0.39×
• Total profit: $-21,444
• Equity at exit: $10,786

Cash invested: $34,930 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76522

• Home prices YoY: -22.4%
• Rents YoY: -0.2%
• Active inventory: 608
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,295 high
• Mortgage (P&I): −$654
• Tax from tax record: −$216 /mo · $2,596/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $101

Break-even live

Break-even rent $1,168

Max offer price $124,750

Occupancy floor 87%

Sensitivity live

Price	-10% $171	-5% $136	+0% $101	+5% $65	+10% $30
Rent	-10% $-2	-5% $50	+0% $101	+5% $152	+10% $203
Rate	-1.0pp $164	-0.5pp $133	base $101	+0.5pp $68	+1.0pp $36

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,188
• Closing costs: $3,742
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
509 West Avenue B Copperas Cove, TX	3.0	2.0	1339	$1,175	$0.88	24d	1	0.09mi
414 West Avenue C Unit C Copperas Cove, TX	3.0	2.0	1343	$1,600	$1.19	44d	1	0.11mi
412 West Avenue C Unit C Copperas Cove, TX	3.0	2.0	1343	$1,600	$1.19	22d	1	0.11mi
605 N 11th St Copperas Cove, TX	3.0	2.0	1432	$1,575	$1.10	44d	1	0.25mi
204 W Truman Ave Unit D Copperas Cove, TX	2.0	1.0	895	$800	$0.89	44d	1	0.33mi
806 N 3rd St Unit A Copperas Cove, TX	3.0	2.0	1130	$1,150	$1.02	44d	1	0.33mi
502 S 9th St Copperas Cove, TX	3.0	1.5	1479	$1,150	$0.78	44d	1	0.34mi
403 S 7th St Copperas Cove, TX	3.0	1.0	910	$1,100	$1.21	44d	1	0.34mi
204 West Avenue F Unit B Copperas Cove, TX	2.0	1.0	895	$705	$0.79	44d	1	0.34mi
204 West Avenue F Unit A Copperas Cove, TX	2.0	1.0	895	$725	$0.81	44d	1	0.34mi
604 N Main St Apt C Copperas Cove, TX	2.0	1.5	1000	$750	$0.75	44d	1	0.39mi
604 N Main St Apt D Copperas Cove, TX	3.0	1.5	1100	$900	$0.82	44d	1	0.39mi
910 Hill St Copperas Cove, TX	3.0	1.0	1036	$995	$0.96	24d	1	0.44mi
105 E Reagan Ave Copperas Cove, TX	2.0	1.0	1758	$675	$0.38	44d	1	0.45mi
604 S 11th St Copperas Cove, TX	3.0	2.0	1119	$1,300	$1.16	44d	1	0.48mi
614 N 21st St Copperas Cove, TX	3.0	2.0	1683	$1,300	$0.77	24d	1	0.53mi
906 Tanner Rd Copperas Cove, TX	3.0	2.0	1725	$1,550	$0.90	14d	1	0.54mi
611 N 21st St Copperas Cove, TX	3.0	2.0	1128	$1,250	$1.11	14d	1	0.55mi
1002 W Avenue B Unit B Copperas Cove, TX	2.0	2.0	1842	$975	$0.53	44d	1	0.56mi
803 Michelle Dr Copperas Cove, TX	3.0	1.5	1026	$1,000	$0.97	44d	1	0.62mi
309 Myra Lou Ave Copperas Cove, TX	3.0	2.0	1269	$1,125	$0.89	44d	1	0.64mi
808 Mary St Copperas Cove, TX	3.0	1.0	1028	$1,300	$1.26	44d	1	0.66mi
820 Michelle Dr Copperas Cove, TX	3.0	2.0	1053	$1,095	$1.04	24d	1	0.67mi
204 South Dr Unit A Copperas Cove, TX	2.0	1.0	895	$999	$1.12	44d	1	0.68mi
904 Mary St Copperas Cove, TX	3.0	2.0	1041	$1,052	$1.01	44d	1	0.70mi
833 Michelle Dr Copperas Cove, TX	3.0	2.0	1200	$1,325	$1.10	14d	1	0.72mi
1204 Dryden Ave Copperas Cove, TX	3.0	2.0	1156	$1,100	$0.95	44d	1	0.73mi
806 S 25th St Copperas Cove, TX	3.0	2.0	1400	$1,400	$1.00	44d	1	0.76mi
1517 Dryden Ave Copperas Cove, TX	3.0	2.0	1841	$1,800	$0.98	14d	1	0.76mi
915 S 15th St Copperas Cove, TX	3.0	2.0	1008	$850	$0.84	14d	1	0.77mi
848 Michelle Dr Copperas Cove, TX	3.0	2.0	1120	$1,195	$1.07	14d	1	0.79mi
1004 S 3rd St Copperas Cove, TX	3.0	1.0	940	$950	$1.01	24d	1	0.79mi
1005 S 11th St Copperas Cove, TX	4.0	2.0	1236	$1,090	$0.88	44d	1	0.81mi
1010 Georgetown Rd Copperas Cove, TX	3.0	1.0	1018	$995	$0.98	44d	1	0.81mi
504 Highway Ave Unit B Copperas Cove, TX	2.0	1.0	1500	$700	$0.47	44d	1	0.83mi
211 E Hogan Dr Copperas Cove, TX	3.0	2.0	1372	$1,400	$1.02	14d	1	0.86mi
114 Nelson Dr Copperas Cove, TX	3.0	2.0	1448	$1,400	$0.97	44d	1	0.86mi
1005 S 19th St Copperas Cove, TX	3.0	1.5	1356	$1,100	$0.81	44d	1	0.87mi
1006 S 21st St Copperas Cove, TX	4.0	2.0	1445	$1,100	$0.76	44d	1	0.91mi
1202 S 3rd St Copperas Cove, TX	3.0	2.0	1056	$1,175	$1.11	44d	1	0.93mi

Listing history 35 events

1. 2026-06-21
   days on market $124,750 Active 94 DOM
2. 2026-06-18
   days on market $124,750 Active 91 DOM
3. 2026-06-17
   days on market $124,750 Active 90 DOM
4. 2026-06-16
   days on market $124,750 Active 89 DOM
5. 2026-06-15
   days on market $124,750 Active 88 DOM
6. 2026-06-14
   days on market $124,750 Active 86 DOM
7. 2026-06-13
   days on market $124,750 Active 85 DOM
8. 2026-06-10
   days on market $124,750 Active 83 DOM
9. 2026-06-09
   days on market $124,750 Active 82 DOM
10. 2026-06-08
    days on market $124,750 Active 81 DOM
11. 2026-06-07
    days on market $124,750 Active 80 DOM
12. 2026-06-05
    days on market $124,750 Active 77 DOM
13. 2026-06-03
    days on market $124,750 Active 76 DOM
14. 2026-06-02
    days on market $124,750 Active 75 DOM
15. 2026-06-01
    days on market $124,750 Active 74 DOM
16. 2026-05-31
    days on market $124,750 Active 73 DOM
17. 2026-05-30
    days on market $124,750 Active 72 DOM
18. 2026-03-19
    listed $124,750 Active 634-char remark

    Show marketing remark (634 chars)

    Amazing opportunity to make this your dream home! A Master bath and bedroom could be added in the attic area. In fact partial flooring and insulation has been done. Framing had also been started. Inside the layout is practical and flexible. The third bedroom area works well as a home office, playroom or hobby space. The kitchen includes a dishwasher, electric range and refrigerator. Washer and dryer will stay with the home. Large private backyard with metal fencing and two gates. Sizeable covered back patio for entertaining or relaxing in your own hot tub. The backyard provides ample space for gardening or future improvements.

19. 2026-03-04
    historical
20. 2026-01-04
    price $125,000
21. 2026-01-03
    status Active
22. 2025-12-29
    status Pending
23. 2025-12-26
    status Active
24. 2025-12-22
    status Pending
25. 2025-10-24
    price $135,000
26. 2025-08-05
    status Active
27. 2025-05-27
    status Pending
28. 2025-05-12
    price $139,000
29. 2025-03-05
    listed $140,000 Active
30. 2014-07-24
    soldstatus
31. 2014-01-04
    listed $39,500
32. 2011-10-28
    soldstatus
33. 2011-06-02
    listed $29,500
34. 2004-08-20
    soldstatus
35. 2004-06-11
    listed $29,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,596 · $216/mo
• Projected year-2 tax: $2,596 · $216/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 55% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,543
• − Mortgage interest: −$6,988
• − Property taxes: −$2,596
• − Insurance: −$624
• − Repairs & maintenance: −$1,243
• − Management: −$1,243
• − Depreciation: −$3,629
• Taxable loss: −$780
• Est. tax savings @ 24.0%: +$187
• After-tax cash flow: $1,397/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Copperas Cove ISD
• NCES district ID: 4815240
• Math proficiency: 41% ▼ -6.00%
• Reading proficiency: 42% ▼ -2.00%
• Median HH income: $51,072
• Composite: 35.85/100
• National rank: #4822
• State rank: #340 of 826 in TX

Livability — Copperas Cove

• Score: 65/100
• State rank: #706
• US rank: #13158

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D+ Housing A+ Health & safety F User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Copperas Cove, TX
• County: Coryell County · 61,053 people
• City population: 42,118
• Metro: Killeen-Temple, TX
• Population (ZIP): 42,118
• Household income: $72,206
• Rent vs Own: 37.9% rent · 62.1% own
• Severe rent burden: 1019.0

Population outlook (Coryell County) Hauer SSP2

• Today (2025): 75,485 people
• By 2030: 75,627 · +0.2%
• By 2040: 74,898 · -0.8%
• By 2050: 74,221 · -1.7%
• By 2075: 72,688 · -3.7%
• By 2100: 66,862 · -11.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 53% Hispanic / Latino 21% Two or more races 20% Black 14% Asian 2%
• Hispanic origin (detail): Mexican 11% Puerto Rican 6%
• Common ancestry: Romanian 2% Italian 2% Lithuanian 2%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 85% English-only · Spanish 10% German/W. Germanic 2% Other Asian/Pacific 1%

Political lean MEDSL · Coryell

• 2024 margin: Solid R (+40.7) · D 29.1% · R 69.8% · Other 1.1%
• 2008→2024 swing: -13.8pp toward R · 2008: -26.9pp · 2024: -40.7pp
• All cycles: 2024: R+40.7 2020: R+33.5 2016: R+39.5 2012: R+36.6 2008: R+26.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.11%
• Current HPI: 183.9452
• Rent YoY: ▼ -0.25%
• Metro: Killeen-Temple, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+317.2% since first listed

18 events — show timeline

• 2026-03-19 Listed $124,750 CTXMLS
• 2026-03-04 Listing Removed — CTXMLS
• 2026-01-04 Price Changed $125,000 CTXMLS
• 2026-01-03 Relisted — CTXMLS
• 2025-12-29 Pending — CTXMLS
• 2025-12-26 Relisted — CTXMLS
• 2025-12-22 Pending — CTXMLS
• 2025-10-24 Price Changed $135,000 CTXMLS
• 2025-08-05 Relisted — CTXMLS
• 2025-05-27 Pending — CTXMLS
• 2025-05-12 Price Changed $139,000 CTXMLS
• 2025-03-05 Listed $140,000 CTXMLS
• 2014-07-24 Sold (Public Records) — Public Records
• 2014-01-04 Listed $39,500 CTXMLS
• 2011-10-28 Sold (Public Records) — Public Records
• 2011-06-02 Listed $29,500 CTXMLS
• 2004-08-20 Sold (Public Records) — Public Records
• 2004-06-11 Listed $29,900 CTXMLS

Property tax history

+5.4%/yr

Latest (2025): $2,596 · +2.8% YoY. Source: county tax records.