| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 45th | Good |
| Amenities | 38th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1102 Golf Course Rd, Copperas Cove, TX, 76522, US |
| Region / Metro | Copperas Cove |
| Year of Construction | 1983 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1102 Golf Course Rd Copperas Cove Multifamily Investment
Neighborhood fundamentals indicate steady renter demand supported by household growth and competitive positioning within the Killeen-Temple metro, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb setting within Copperas Cove that is competitive among Killeen-Temple neighborhoods (ranked 37 out of 139). For investors, this suggests market depth without paying core-urban pricing, with tenant demand influenced by family-oriented housing and commuting patterns across the metro.
Livability signals are mixed but serviceable for workforce housing. Grocery access scores well relative to peers, while cafes, parks, and pharmacies are limited—positioning the area for value-driven renters rather than lifestyle-centric demand. Average school ratings trend lower locally (2.0 out of 5), which may modestly temper family-driven premiums but can still support stable leasing at appropriate price points.
Neighborhood occupancy is reported at roughly the high-80s, indicating a stable base of leased units at the neighborhood level rather than the property itself. Rents track below national medians, which supports leasing velocity but may limit near-term pricing power. The local renter-occupied share is near half of housing units, signaling a meaningful tenant base for small and midsize multifamily assets.
Within a 3-mile radius, population and households have grown in recent years, with projections indicating continued population growth and faster household expansion as average household size trends lower. These dynamics point to a larger tenant base and steady absorption potential ahead. Median home values remain lower relative to high-cost markets, which can introduce some competition from ownership but also sustain demand for more accessible rental options.
Safety indicators are mixed and should be evaluated in a metro context. Overall crime levels track around the metro median (ranked 68 among 139 Killeen-Temple neighborhoods). Nationally, the area is near mid-pack for overall crime, while violent and property offense rates sit below national averages for safety. Year-over-year, both violent and property offenses show notable improvement, suggesting a favorable directional trend that investors should monitor over multiple periods.
Select regional employers within commuting range can contribute to renter demand and retention for workforce households, including financial services.
- Raymond James — financial services (35.9 miles)
Built in 1983, this 25-unit asset offers potential value-add upside through system upgrades and interior refreshes relative to the neighborhood’s newer average vintage. The submarket is competitive within the Killeen-Temple metro and shows steady neighborhood occupancy, with rents positioned for workforce demand. Within a 3-mile radius, population growth and a faster increase in households—alongside smaller household sizes—point to a larger tenant base and support occupancy stability.
Ownership costs are more accessible than in high-cost metros, which can create some competition from for-sale options; however, below-national rent levels and a sizable renter-occupied share support lease-up and retention at appropriate pricing. According to CRE market data from WDSuite, neighborhood occupancy remains in the high-80s, reinforcing a case for stable operations while investors plan for targeted capital improvements consistent with the 1983 vintage.
- 1983 vintage positions the asset for value-add through system and interior updates
- Competitive neighborhood standing within the Killeen-Temple metro supports tenant demand
- 3-mile population growth and faster household expansion enlarge the local renter pool
- Below-national rent levels aid leasing and retention with workforce renters
- Risks: lower-rated schools, limited lifestyle amenities, and ownership competition may temper rent growth