Selected for the Terner Labs Housing Venture Lab

This home is outside the site's live listings right now.

The numbers below are estimates from the listing as we last received it.

400 E Spurgeon Street, Itasca, TX 76055

Active
Listed 181 days ago
Owner-Occupant Eligible
$850,000

About $4,916 a month to live here, after the rent from the other home.

House + ADU4,804 sqft8 beds7 bathsListed May 15, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$4,916a month

The second home on the lot rents for $1,138. We hold back $188 of that for repairs and an empty month, and the rest goes toward a $5,866 monthly payment.

Income to qualify: about $153,000 a year

With how much down?

At 20% down ($170,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $111,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$25,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Unique Poolside Luxury Private Family Complex with 3 Separate Residences! Escape the surroundings in your own gated oasis spanning an entire city block—a truly unique, resort style escape. Set behind a beautifully crafted stone and wood privacy fence, this estate boasts six secured entry points from four different streets, ensuring both privacy and convenience. A grand lighted circle drive leads you to three private residences, all centered around an expansive, amenity rich courtyard. The centerpiece of the estate is the heated saltwater pool and hot tub, surrounded by 1,400 sq. ft. of covered pavilion space. This outdoor sanctuary is fully equipped with an outdoor kitchen, pantry, full bath, washer-dryer hookup, and a serving bar, perfect for both intimate gatherings and large-scale events. The main residence offers 3,646 sq. ft. of luxurious living space, featuring 5 spacious bedrooms, 3 full bathrooms, and a 4-car attached garage. The gourmet kitchen is outfitted with double built-in fridges, 2 wine fridges, a pot filler, island with granite countertops, and a walk-in pantry. The primary suite is an indulgent retreat with a double-sided fireplace, soaking tub, and a queen-sized walk-in closet. The second residence is a self-contained 1,158 sq. ft. home with 3 bedrooms, 2 baths, and a 2-car garage, offering both a private entrance off Marrion Street and direct access to the central courtyard. The Event House, at 2,308 sq. ft., is designed for entertaining, featuring a wine cellar, a fully-equipped kitchen, built-in shelving, and half bath with W&D connections. Unbeatable location as DFW and Waco are less than an hour away. Escape the constraints of an HOA and own your own private resort, where luxury, privacy, and convenience converge. $125,000 in recent upgrades include but not limited to- brand new HVACs in all dwellings, brand new roof & gutters on all structures as of December 2025, pool resurfaced, all sprinkler heads reworked, new microwave, and gas stove!

House + ADU

Property Type

78,669 sqft

Lot Size

2005

Year Built

Listing Date: 05/15/2026

Listed by: Lacey Whitehouse

Listing office: Julie Siddons REALTORS, LLC

Source: NTREIS #21263348

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$850,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$850,000
Your Down Payment$170,000
Financed$680,000
Estimated Monthly Payment$5,866

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($170,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,866/month
Principal + Interest
$4,077
Property Taxes
$1,067
Home Insurance
$722
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$188
Cost to live here
$4,916/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

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NTREIS logo

MLS# 21263348 · Listing office: Julie Siddons REALTORS, LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.