Active
2 units2 bd3,493 sqft
Cost to live here
$25/moafter $2,064/mo in rent
Income to qualify: about $30,000 a year, rent counted
At 20% down, 30-year fixed. From 3.5% down.
$209,900•Duplex
406 Live Oak Street, Marlin, TX 76661
408 Live Oak St Street, Marlin, TX 76661
Active
Listed 157 days agoOwner-Occupant Eligible
About $177 a month to live here, after the rent from the other homes.
Triplex2,800 sqftListed Jun 8, 2026
A triplex. Live in one home and rent out the other two. How it works
Live here for about
$177a month
The other homes rent for $2,000. We hold back $330 of that for repairs and an empty month, and the rest goes toward a $1,847 monthly payment.
Income to qualify: about $34,000 a year
With how much down?
At 20% down ($41,980) 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 $27,000 of it. See the ten-year math
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.
$10,495 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Don’t miss this income producing commercial property featuring three garage apartment units (approximately 420 SF each), currently leased and generating rental income. Situated on a generous 0.43-acre tract, this property offers significant upside with the ability to add two additional units and ample space for future development, including additional rental units or a commercial building. Whether you’re looking to expand your rental portfolio or capitalize on future development opportunities, this property delivers both immediate cash flow and long-term growth potential. Even better, it can be purchased individually, packaged with five additional investment properties, or combined with the neighboring income-producing barbershop and residential home for an even larger investment opportunity.
Triplex
Property Type
20,038 sqft
Lot Size
Listing Date: 06/08/2026
Listed by: Mercedes Lane
Listing office: Agents Of Texas, LLC
Source: NTREIS #21295394
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%
$209,900
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$209,900
Your Down Payment$41,980
Financed$167,920
Estimated Monthly Payment$1,847
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 ($41,980) and 6.0%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$1,847/month
Principal + Interest
$1,007Property Taxes
$390Home Insurance
$450Estimated Monthly Payment (Before Rental Income)
$1,847/month
Principal + Interest
$1,007Property Taxes
$390Home Insurance
$450$1,847/month
$1,007
$390
$450
Rental Income (2 Units)
$2,000/month
From the listing description.
Rental Expenses
-$330Rental Income (2 Units)
$2,000/month
From the listing description.
Rental Expenses
-$330$2,000/month
-$330
Cost to live hereCost to live here, after rent
$177/month
Cost to live hereCost to live here, after rent
$177/month
$177/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
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.
MLS# 21295394 · Listing office: Agents Of Texas, 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.