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$1,900

402 Preakness Cir, Copperas Cove, TX, 76522

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.74 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Some Electric Appliances, Range
FlooringHardwood, Tile

Exterior

Exterior FeaturesCovered Patio
Lot Size10,542 sqft

Building Information

Year Built1997
Stories3
Roof Type105
Garage Spaces2

Land Information

APN1-53-09-3070
Lot Number39
SubdivisionMorse Valley Addn Phs 3
Land UseResidential
Legal DescriptionMORSE VALLEY ADDN PHS 3, BLOCK 1, LOT 39, ACRES .2417
Census Tract010803
Assessed Land Value$25,000
Assessed Improvement Value$235,860
Assessment Year2025

About this property

Settle into space and comfort at 402 Preakness Cir in Copperas Cove, a 2,565 sq ft single-family home for rent with hardwood floors, a fireplace, and a covered patio that extends your living area outdoors. This 4-bedroom, 2.5-bath layout gives you room to spread out, with a formal dining room for sit-down meals and walk-in closets that keep everyday storage simple. Enjoy the convenience of a 1-car garage, plus a fenced yard for added privacy and a flexible outdoor setup. Nearby highlights include Hollie Parsons Elementary School, 0.8 miles; Copperas Cove Junior High School, 1.3 miles; Copperas Cove High School, 2.4 miles; Cinergy Copperas Cove, 2.3 miles; Copperas Cove South Park Pool, 2.8 miles; and Fort Hood, 8.8 miles. All properties are self-toured through a key checkout process in the office with a valid ID during key checkout hours, request details and plan your visit.

Investor Tools

$161,071Estimated Mortgage Balance
$148,929Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,168
$260,860
2025
$25,000
$235,860
$260,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,168
$260,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercontinental Capital Group Inc
Va
$180,930
Yes
First
Dec 24, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,071
$153,929
48%
52%
$1,085/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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402 Preakness Cir | Property Details | No Agent List