704 E Main Street, Honey Grove, TX 75446
About $1,666 a month to live here, after the rent from the other home.
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
The second home on the lot rents for $1,271. We hold back $248 of that for repairs and an empty month, and the rest goes toward a $2,689 monthly payment.
Income to qualify: about $64,000 a year
With how much down?
At 20% down ($71,000) 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 $46,000 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.
$10,650 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
TWO HOMES. ONE HISTORIC PROPERTY. ENDLESS POSSIBILITIES. In the heart of Honey Grove, this one-of-a-kind property offers a rare combination of historic character, flexible living space, and modern updates, all on one property. The main home features TWO primary suites, multiple living areas, a dedicated laundry room, beautiful original woodwork, and a detached 2-car garage with workshop space. Even better, the property includes a separate 1-bedroom guest house with its own kitchen, full bath, and laundry area. Perfect for multi-generational living, extended-stay guests, a private home office, creative studio, or potential rental income. Owned by only the fourth family in more than 100 years, this home carries a sense of history you simply cannot recreate. An extensive restoration from 2006–2008 thoughtfully brought the home back to life while adding important modern conveniences, including updated plumbing and electrical, central heat and air, water heaters, additional bathrooms, updated windows, a sunroom, new appliances, a dishwasher, and ventless gas logs in select fireplaces. Foundation work was also completed in 2020. The home still offers room for the next owner to add their own finishing touches, making it a wonderful opportunity for someone who appreciates character and wants a property they can truly make their own. Whether you need space for family, guests, work-from-home flexibility, or an income-producing opportunity, 704 E Main offers options rarely found in a traditional single-family home. Historic charm, TWO separate residences, workshop space, boat parking, and small-town Honey Grove living and lake recreation in all directions all come together in one truly unique property. If you’ve been waiting for a home with personality, history, and possibilities beyond the ordinary, this one deserves a closer look.
House + ADU
Property Type
16,248 sqft
Lot Size
1905
Year Built
Listing Date: 06/08/2026
Listed by: Chrissy Earls
Listing office: Real Broker, LLC
Source: NTREIS #21295604
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
List Price
FINANCIALS
How much do you want to put down?
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 ($71,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
From the listing description.
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.
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MLS# 21295604 · Listing office: Real Broker, 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.