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$230,780

NAL Estimated Property Value

302 Sumac Trl, Copperas Cove, TX, 76522

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,688 Sq Ft
price_per_sqft$125.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,276 sqft

Building Information

Year Built2005
Stories3
Garage Spaces2

Land Information

APN1-50-86-6620
Lot Number32
SubdivisionThe Meadows Phs 1
Land UseResidential
Legal DescriptionTHE MEADOWS PHS 1, BLOCK 1, LOT 32, ACRES .1899
Census Tract010604
Assessed Land Value$20,000
Assessed Improvement Value$210,780
Assessment Year2025

About this property

This Copperas Cove property presents a standout opportunity for investors seeking a stable, income-producing asset with proven performance. Currently tenant-occupied by long-term residents of over 8 years, this home offers immediate cash flow and the tenant stability that minimizes turnover and vacancy risk—an increasingly valuable advantage in today’s rental market. Current rental income at 1500$ a month. The open-concept living area features soaring ceilings and a central fireplace, creating an inviting space that tenants love. The kitchen, equipped with Whirlpool stainless steel appliances and a large island overlooking the living room, delivers both modern convenience and everyday livability—key factors in tenant retention. The primary suite on the main level adds another layer of desirability, offering privacy and convenience with an ensuite bath that includes a garden tub and double vanity. Upstairs, three additional bedrooms provide flexibility for families, roommates, or work-from-home setups. A recently updated porcelain tub enhances the upstairs bathroom, adding durability and a refreshed feel. Additional value comes from a walk-in storage room—an often-overlooked feature that adds practical functionality for tenants. Positioned on a corner lot, the property offers added space and curb appeal. The large, flat, fully fenced backyard—featuring a fence replaced just two years ago and in excellent condition—creates an ideal outdoor environment for tenants, especially those with pets or who enjoy entertaining. The covered patio further extends the living space outdoors. Situated just 10 minutes from HEB and only 5 minutes from the city park, the home provides convenient access to daily essentials and recreation. Also, this property is currently leased, and the lease expires on January 31, 2027. The seller is willing to close with the lease in place through January 31, 2027.

Investor Tools

Property Icon
$230,780
Estimated Property Value
$67,922Estimated Mortgage Balance
$163,008Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,385 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,172
$230,780
2025
$20,000
$210,780
$230,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,172
$230,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$78,750
No
First
Jun 20, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,922
$169,078
71%
29%
$473/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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302 Sumac Trl | Property Details | No Agent List