705 Kate St · Copperas Cove, TX 76522

$153,000

3 bd · 2.0 ba · 1,524 sqft · SingleFamily public records · 56 Days on market

Built 1971 8,398 sqft lot $100/sqft · 24% below area Est $202k · 24% 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 +15.6/30.0
• ARV discount +15.0/15.0
• 1% rule +4.9/10.0
• DSCR +4.8/10.0
• 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

You don't want to miss out on this!!! Inside you have multiple living rooms, large wood burning fireplace. Good size bedrooms and 2 full bath. Outside, a yard full of mature trees. Come and see it today!!!!

Key facts

• 8,398 sq ft lot
• 2 garage spots
• Built 1971

Tags

• MULTIPLE LIVING ROOMS
• LARGE WOOD BURNING FIREPLACE
• YARD FULL OF MATURE TREES

Property features AI

Finance

• HOA & community: Curbs and sidewalks in the community

Exterior

• Parking: 2-car garage
• Utilities: Public water; Public sewer; Public trash collection
• Home design: Single-story brick home; Slab foundation; Composition/Shingle roof
• Construction: Brick construction; Built (year from assessor)
• Exterior features: Patio; Back yard fencing

Interior

• Kitchen: Dishwasher; Gas range; Some gas appliances
• Bedrooms: Bedroom 2; Bedroom 3
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heating (present); One cooling unit
• Interior features: Ceiling fans; Vanity; Wood-burning fireplace in the living room
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry room / laundry in utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $153k.

Deal economics

• At list price, monthly cash flow is $65 ($783/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (0.9% below list).
• Recommended offer: $148k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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); 605 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 19y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 51% chance of damaging wind over 30y; major 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 $148,410 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.99% ✗
• Cap rate: 6.80%
• Cash-on-cash: 1.83%
• DSCR: 1.08
• GRM: 8.4

CMA / ARV

• ARV (median comp): $201,967
• List price: $153,000
• Delta: -24.25%
• 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
905 Vernon Dr	0.22mi	4/2.0 (+1)	1,560 (+2%)	1mo	$230,000	$147	80
1503 Joe Morse Dr	0.47mi	4/2.0 (+1)	1,513 (-1%)	2mo	$153,000	$101	70
1306 Amthor Ave	0.23mi	3/2.0	1,366 (-10%)	3mo	$220,000	$161	70
608 Allen St	0.28mi	3/2.0	1,736 (+14%)	2mo	$210,000	$121	62
1603 E Robertson Ave	0.41mi	3/2.0	1,320 (-13%)	2mo	$160,000	$121	57
805 Craddock St	0.43mi	3/2.0	1,714 (+12%)	3mo	$217,500	$127	57
604 Yucca Dr	0.52mi	3/2.0	1,724 (+13%)	1mo	$142,000	$82	53
116 Williams St	0.64mi	4/1.5 (+1)	1,619 (+6%)	2mo	$159,999	$99	51
1805 E Robertson Ave	0.59mi	3/2.0	1,718 (+13%)	2mo	$214,999	$125	49
109 Ridge St	0.60mi	3/1.5	1,353 (-11%)	3mo	$144,100	$107	48
423 Jeffery Ln	0.62mi	4/2.0 (+1)	1,685 (+11%)	4mo	$214,900	$128	45
440 Jeffery Ln	0.66mi	3/2.0	1,736 (+14%)	2mo	$210,000	$121	44

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: -17.0%
• Equity multiple: 0.42×
• Total profit: $-25,009
• Equity at exit: $22,813

10-year hold

• IRR: -16.3%
• Equity multiple: 0.22×
• Total profit: $-33,312
• Equity at exit: $13,229

Cash invested: $42,840 (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: 605
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,516 high
• Mortgage (P&I): −$802
• Tax from tax record: −$266 /mo · $3,193/yr
• Insurance: −$64
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $65

Break-even live

Break-even rent $1,433

Max offer price $153,000

Occupancy floor 91%

Sensitivity live

Price	-10% $152	-5% $109	+0% $65	+5% $22	+10% $-21
Rent	-10% $-54	-5% $5	+0% $65	+5% $125	+10% $185
Rate	-1.0pp $142	-0.5pp $104	base $65	+0.5pp $26	+1.0pp $-15

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: $38,250
• Closing costs: $4,590
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
518 Kate St Copperas Cove, TX	4.0	1.5	1302	$1,595	$1.23	44d	1	0.14mi
507 Kate St Copperas Cove, TX	3.0	2.0	1280	$1,295	$1.01	24d	1	0.19mi
1306 Amthor Ave Copperas Cove, TX	3.0	2.0	1366	$1,399	$1.02	44d	1	0.20mi
1102 Creek St Copperas Cove, TX	4.0	2.5	1834	$1,675	$0.91	44d	1	0.30mi
408 Allen St Copperas Cove, TX	3.0	1.0	1300	$1,095	$0.84	24d	1	0.43mi
704 Kim Ave Copperas Cove, TX	3.0	2.0	1692	$1,695	$1.00	22d	1	0.47mi
304 Oak St Copperas Cove, TX	3.0	1.0	1627	$1,350	$0.83	44d	1	0.48mi
1316 Liberation Ln Unit B Copperas Cove, TX	3.0	2.0	1300	$1,300	$1.00	44d	1	0.50mi
917 Whirlaway Dr Copperas Cove, TX	3.0	2.0	1300	$1,500	$1.15	44d	1	0.51mi
208 Oak St Copperas Cove, TX	3.0	2.0	1822	$1,495	$0.82	24d	1	0.51mi
1564 Risen Star Ln Unit A Copperas Cove, TX	3.0	2.0	1110	$1,400	$1.26	24d	1	0.53mi
1335 Liberation Ln Unit A Copperas Cove, TX	3.0	2.0	1333	$2,500	$1.88	14d	1	0.53mi
1335 Liberation Ln Unit B Copperas Cove, TX	3.0	2.0	1333	$2,400	$1.80	14d	1	0.53mi
1243 Liberation Ln Unit A Copperas Cove, TX	3.0	2.0	1309	$1,249	$0.95	44d	1	0.54mi
303 Margaret Lee St Copperas Cove, TX	3.0	1.0	1124	$915	$0.81	14d	1	0.54mi
613 Cedar Dr Copperas Cove, TX	3.0	2.5	2108	$2,750	$1.30	44d	1	0.55mi
1614 Risen Star Ln Unit B Copperas Cove, TX	3.0	2.0	2220	$1,450	$0.65	24d	1	0.57mi
1002 Northern Dancer Dr Copperas Cove, TX	4.0	2.0	1605	$1,750	$1.09	44d	1	0.58mi
924 Northern Dancer Dr Copperas Cove, TX	4.0	2.0	1610	$1,650	$1.02	44d	1	0.59mi
107 Nauert St Copperas Cove, TX	3.0	2.0	1710	$1,300	$0.76	44d	1	0.59mi
105 Nauert St Copperas Cove, TX	4.0	1.0	1346	$1,395	$1.04	24d	1	0.61mi
1104 Cummings Ave Copperas Cove, TX	3.0	2.0	1542	$1,395	$0.90	44d	1	0.63mi
1714 Risen Star Ln Unit A Copperas Cove, TX	3.0	2.5	1213	$1,325	$1.09	24d	1	0.63mi
1714 Risen Star Ln Unit A Copperas Cove, TX	3.0	2.5	1213	$1,325	$1.09	44d	1	0.63mi
418 Cottonwood Dr Copperas Cove, TX	3.0	2.0	1208	$1,495	$1.24	44d	1	0.63mi
1106 Pack Ave Copperas Cove, TX	3.0	2.0	1302	$1,275	$0.98	44d	1	0.76mi
809 Shady Ln Copperas Cove, TX	4.0	1.5	1900	$1,600	$0.84	14d	1	0.84mi
2315 E Business 190 Copperas Cove, TX	3.0	2.0	2103	$1,700	$0.81	24d	1	0.85mi
914 Chalk St Copperas Cove, TX	3.0	2.0	1107	$1,200	$1.08	24d	1	0.93mi
202 Marston Ave Unit B Copperas Cove, TX	3.0	2.0	1200	$1,350	$1.12	24d	1	0.97mi
202 Marston Ave Unit B Copperas Cove, TX	3.0	2.0	1200	$1,350	$1.12	44d	1	0.97mi
912 Laurie Ln Copperas Cove, TX	3.0	2.0	2080	$1,700	$0.82	14d	1	1.05mi
902 Lynn Ln Copperas Cove, TX	3.0	2.0	1661	$1,600	$0.96	14d	1	1.11mi
1202 S FM 116 Copperas Cove, TX	1.0–3.0	1.0–2.0	922	$1,560	$1.69	14d	12	1.27mi
2619 Phyllis Dr Copperas Cove, TX	3.0	2.0	1293	$1,000	$0.77	45d	1	1.28mi
1904 Pleasant Ln Copperas Cove, TX	3.0	2.0	1352	$1,400	$1.04	44d	1	1.29mi
211 E Hogan Dr Copperas Cove, TX	3.0	2.0	1372	$1,400	$1.02	14d	1	1.29mi
401 E Hogan Dr Copperas Cove, TX	3.0	2.0	1826	$1,475	$0.81	44d	1	1.31mi
403 E Hogan Dr Copperas Cove, TX	4.0	2.0	1492	$1,675	$1.12	24d	1	1.31mi
1816 S FM 116 Unit A Copperas Cove, TX	3.0	2.0	1058	$1,150	$1.09	14d	1	1.33mi

Listing history 29 events

1. 2026-06-18
   days on market $153,000 Active 56 DOM
2. 2026-06-17
   days on market $153,000 Active 55 DOM
3. 2026-06-16
   days on market $153,000 Active 54 DOM
4. 2026-06-15
   days on market $153,000 Active 53 DOM
5. 2026-06-14
   days on market $153,000 Active 51 DOM
6. 2026-06-13
   days on market $153,000 Active 50 DOM
7. 2026-06-10
   days on market $153,000 Active 48 DOM
8. 2026-06-09
   days on market $153,000 Active 47 DOM
9. 2026-06-08
   days on market $153,000 Active 46 DOM
10. 2026-06-07
    days on market $153,000 Active 45 DOM
11. 2026-06-05
    days on market $153,000 Active 42 DOM
12. 2026-06-03
    days on market $153,000 Active 41 DOM
13. 2026-06-02
    days on market $153,000 Active 40 DOM
14. 2026-06-01
    pricedays on market $153,000 Active 39 DOM
15. 2026-05-31
    days on market $162,500 Active 38 DOM
16. 2026-05-30
    days on market $162,500 Active 37 DOM
17. 2026-04-23
    listed $162,500 Active 206-char remark
18. 2025-12-12
    historical
19. 2025-10-29
    listed Active
20. 2025-08-17
    status Active
21. 2023-01-11
    soldstatus
22. 2022-12-16
    status Pending
23. 2022-12-07
    price $185,000
24. 2022-11-24
    historical
25. 2022-11-22
    status Active
26. 2022-11-03
    listed $189,000 Active
27. 2008-03-24
    soldstatus
28. 2008-02-04
    listed $99,900
29. 2007-10-27
    listed $67,500

ⓘ 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: $3,193 · $266/mo
• Projected year-2 tax: $3,193 · $266/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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% 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: $18,189
• − Mortgage interest: −$8,570
• − Property taxes: −$3,193
• − Insurance: −$765
• − Repairs & maintenance: −$1,455
• − Management: −$1,455
• − Depreciation: −$4,451
• Taxable loss: −$1,701
• Est. tax savings @ 24.0%: +$408
• After-tax cash flow: $1,191/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

+126.7% since first listed

14 events — show timeline

• 2026-06-01 Price Changed $153,000 CTXMLS
• 2026-04-23 Listed $162,500 CTXMLS
• 2025-12-12 Listing Removed — CTXMLS
• 2025-10-29 Listed — Unlock MLS
• 2025-08-17 Relisted — CTXMLS
• 2023-01-11 Sold (Public Records) — Public Records
• 2022-12-16 Pending — CTXMLS
• 2022-12-07 Price Changed $185,000 CTXMLS
• 2022-11-24 Rental Removed — RENT.
• 2022-11-22 Relisted — CTXMLS
• 2022-11-03 Listed $189,000 CTXMLS
• 2008-03-24 Sold (Public Records) — Public Records
• 2008-02-04 Listed $99,900 CTXMLS
• 2007-10-27 Listed $67,500 CTXMLS

Property tax history

+1.7%/yr

Latest (2025): $3,193 · -5.4% YoY. Source: county tax records.