Welcome to 1203 Urbantke Lane – a partially occupied 8-unit multifamily property with excellent potential for increased cash flow and long-term value. Each unit features 1 bedroom and 1 bathroom, making them ideal for local tenants including military personnel, traveling professionals, and individuals seeking affordable housing near Fort Cavazos.
Set on a generous lot in an established neighborhood, the property offers ample parking, a low-maintenance brick exterior, and easy access to schools, shopping, and major employers. Each unit is equipped with a separate water meter, offering flexibility in utility billing and the potential to reduce operating costs.
With several occupied units and room to increase both occupancy and rental rates, this is a solid opportunity for investors looking to add value through updates and strategic management.
Property Highlights:
8 total units – each 1 bed / 1 bath
Separate water meters for each unit
Strong rental demand in the area
Convenient location near Fort Cavazos
Brick exterior on a spacious lot
Ample off-street parking and green space
Whether you're an experienced investor or looking to expand your portfolio, 1203 Urbantke Lane is a smart value-add opportunity with strong upside potential.
Directions: Heading west into Copperas Cove on Bus 190, turn right onto Hwy Avenue, turn left onto Georgetown Road, turn right onto Urbantke Lane, Property on the left past S. 19th Street.
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Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Central Texas MLS, All Rights Reserved.
Listed By: Rick Ott of Homestead Real Estate - (254) 338-8238