Selected for the Terner Labs Housing Venture Lab

602 Washington Street, McGregor, TX 76657

Active
Listed 160 days ago
Owner-Occupant Eligible
$374,000

About $813 a month to live here, after the rent from the other home.

Duplex2,108 sqft4 beds4 bathsListed Jun 5, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$813a month

The other home rents for $1,820. We hold back $273 of that for repairs and an empty month, and the rest goes toward a $2,360 monthly payment.

Income to qualify: about $49,000 a year

With how much down?

At 20% down ($74,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $52,000 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.

$13,090 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Excellent investment opportunity in growing McGregor, Texas! This fully occupied duplex offers immediate income potential with both units currently leased on month-to-month agreements, providing flexibility for future plans. Whether you're looking to expand your investment portfolio or purchase a property where you can live in one unit and rent the other, this duplex offers a variety of possibilities. Conveniently located near major employers, schools, shopping, and local amenities, the property is well-positioned to appeal to a wide range of tenants. Each unit features durable stained concrete floors and granite countertops throughout. Tenants enjoy their own private fenced backyard with a storage building, as well as two dedicated parking spaces per unit. Don't miss your chance to own a versatile income-producing property in one of Central Texas's growing communities.

Duplex

Property Type

8,407 sqft

Lot Size

2019

Year Built

Listing Date: 06/05/2026

Listed by: Jessica Hurst

Listing office: Greater Waco Realty, LLC

Source: NTREIS #21292700

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%
$374,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$374,000
Your Down Payment$74,800
Financed$299,200
Estimated Monthly Payment$2,360

Before rent: principal and interest at 5.6% 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 ($74,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,360/month
Principal + Interest
$1,718
Property Taxes
$341
Home Insurance
$301
Rental Income (1 Unit)
$1,820/month

From the listing description.

Rental Expenses
-$273
Cost to live here
$813/month

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

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21292700 · Listing office: Greater Waco Realty, 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.