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$385,050

NAL Estimated Property Value

223 Fawn Ridge Dr, Copperas Cove, TX, 76522

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size6,970 sqft

Land Information

APN156481
Lot Number6
Land UseResidential
Legal DescriptionACR: 0.16 BLK 6 LOT 6 ABST: 1454/0563 SURV: ALLEN, PRICE THE VALLEY AT GREAT HILLS LOCCD:100
Census Tract950303
Assessed Land Value$21,260
Assessed Improvement Value$363,790
Assessment Year2025

About this property

Copperas Cove’s newest multi-use development, conveniently located at the southwest edge of Copperas Cove off Highway 190W, at the foothills of the famed Texas Hill country. It encompasses a vast area of gently rolling terrain culminating at a high mesa with breathtaking views of the surrounding countryside. The outer perimeter lots are designated for duplexes, providing a welcomed buffer between the highway and the Townhouses and single-family zones. The mountain top is reserved for custom homes to be built on generously sized lots. The Valley at Great Hills is within Copperas Cove city limits but in Lampasas County. This charming Tippit home presents curb appeal with an all-brick exterior facade complemented by a portico, an ideal spot to welcome guests. This captivating home offers luxury vinyl plank flooring throughout the main living areas, while the bedrooms have plush carpet. The foyer leads to the Texas-sized living room. The eat-in style kitchen is a remarkable culinary space, boasting a bevy of cabinets and granite topped counters, plus breakfast bar for quick family meals. Extra perks are a full yard sprinkler system, 16 pallets of Bermuda sod, and privacy fenced back yard. This subdivision is pre-wired for Fiber Internet. The builder provides title policy and survey and contributes 1% of the sales price towards buyer's closing cost. There are additional incentives if using the builder’s preferred lender.

Investor Tools

Property Icon
$385,050
Estimated Property Value
$328,181Estimated Mortgage Balance
$57,395Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,988
$385,050
2025
$21,260
$363,790
$385,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,988
$385,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$339,321
Yes
First
Jun 5, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,181
$56,869
14%
85%
$2,035/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.

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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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223 Fawn Ridge Dr | Property Details | No Agent List