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$235,000

1507 Joe Morse Dr, Copperas Cove, TX, 76522

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.05 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Oven, Refrigerator, Water Heater, Cooktop, Microwave, Range
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,886 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1-53-09-5190
Lot Number11
SubdivisionMorse Valley Addn Phs 5
Land UseResidential
Legal DescriptionMORSE VALLEY ADDN PHS 5, BLOCK 12, LOT 11, ACRES .2039
Census Tract010803
Assessed Land Value$25,000
Assessed Improvement Value$169,450
Assessment Year2025

About this property

Enjoy elevated views, thoughtful updates, and energy-conscious living in this beautifully maintained 3-bedroom, 2-bath home with a dedicated study. Perched on a hill in an established Copperas Cove neighborhood, this home offers approximately 1,678 square feet of comfortable living space designed for both everyday living and entertaining. The inviting living room welcomes you with a cozy wood-burning fireplace and plenty of space to gather with family and friends. At the heart of the home, the kitchen features a center island, abundant cabinet storage, and upgraded appliances installed in 2025, making meal preparation both stylish and convenient. Just off the main living area, the dedicated study offers the flexibility to work from home, tackle homework, or create a hobby space. The owner's suite is a relaxing retreat with a walk-in closet and a beautifully remodeled en suite bath featuring a garden tub and separate shower. Both bathrooms were completely remodeled in 2022, giving the home an updated, modern feel. The home is equipped with solar panels that help improve energy efficiency and can contribute to lower utility costs. Outside, the covered patio overlooks a fully fenced backyard with a custom fence and the unique convenience of direct access to the neighboring elementary school grounds through a private gate. Located just minutes from shopping, dining, and Fort Hood, this move-in-ready home offers the perfect combination of modern updates, everyday comfort, and a location that makes life a little easier.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$159,082Estimated Mortgage Balance
$107,191Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Veronica Smith

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,056
$194,450
2025
$25,000
$169,450
$194,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,056
$194,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$159,082
Yes
First
Oct 7, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,406
$109,594
44%
56%
$954/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Copperas Cove

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