[en] Copper and Cu-Fe (Fe ∼2.35 wt%) alloy substrates were thermo-mechanically processed and the biaxial texture development, magnetic properties, yield strength, and electrical resistivity were studied and compared to determine their suitability as substrates for high-temperature superconducting coated conductor applications. Average full width half maximum (FWHM) of 5.5⁰ in Phi scans (in-plane alignment), and 6.6⁰ in omega scans (out-of-plane alignment) was obtained in copper samples. Cu-Fe samples showed 5.9⁰ FWHM in Phi scans and 5.9⁰ in omega scans. Even with the presence of 2.35% Fe in the Cu-alloy, the saturation magnetization (M_sat) value was found to be 4.27 emu g^-1 at 5 K, which is less than in Ni samples by an order of magnitude and comparable to that of Ni-9 at.% W substrates. The yield strength of the annealed Cu-Fe alloy substrate was found to be at least two times higher than that of similarly annealed copper substrates. The electrical resistivity of Cu-Fe alloy was found to be an order of magnitude higher than that of pure copper at 77 K