About This Home

Welcome to 2416 Merle Dr in Copperas Cove! This 4-bedroom, 2-bath home offers a functional layout with a 2-car garage, conveniently located near Fort Hood, shopping, dining, and Highway 190 for easy access to Killeen, Harker Heights, and Belton. Qualified VA buyers may be able to assume the current loan at an incredible 2.75% interest rate — a rare opportunity in today's market to lock in major savings! Being sold as-is, this property is a great opportunity for buyers, investors, or contractors looking to add value and build equity while capitalizing on the assumable financing. Don't miss your chance to make this one your own — schedule your showing today!

At $128/sqft, this home is 60% below the Copperas Cove active market average of $320/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2416 Merle Dr, Copperas Cove, TX 76522

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Property Details

Price $219,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,708 sqft

Lot Size 0.19 acres (8,398.37 sqft)

Year Built 2004

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision House Creek North Phase 1

County Coryell

Zip Code 76522

$/sqft $128/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,555.18

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244530382

List Date August 24, 2026

Elementary School House Creek

Middle School S C Lee

High School Copperas Cove

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Copperas Cove and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Copperas Cove

Comparable Listings Right Now

Homes currently for sale in Copperas Cove with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

2903 Curtis Dr
House Creek North Phase 1 $230,000 $154 4 bd / 2 ba 1,497 sqft , 2026-09-04

2354 Aylesbury Dr
Creekside Hills Phs 3 $239,000 $167 3 bd / 2 ba 1,432 sqft , 2026-09-25

1910 Bee Creek Loop
Creekside Hills $245,000 $183 3 bd / 2 ba 1,336 sqft , 2026-04-10

2607 Curtis Dr
House Creek North Phase 1 $245,600 $159 3 bd / 2 ba 1,540 sqft , 2026-07-17

1903 Coy Dr
House Creek North Phase 3 $270,000 $139 4 bd / 2 ba 1,938 sqft , 2026-08-20

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,051/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$43,800

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,051

Principal + Interest−$1,195

Property Tax (~2.1% TX avg)−$383

Insurance (~0.5%)−$91

Est. Monthly Cash Flow $-618

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Copperas Cove, TX

Copperas Cove sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 25, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

2416 Merle Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Copperas Cove, TX

More Luxury Homes in Copperas Cove

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