Selected for the Terner Labs Housing Venture Lab

5200 Bayshore Drive, Athens, TX 75752

Active
Listed 157 days ago
Owner-Occupant Eligible
$595,000

About $2,937 a month to live here, after the rent from the other home.

House + ADU2,961 sqft4 beds3 bathsListed Jun 8, 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

$2,937a month

The second home on the lot rents for $1,339. We hold back $201 of that for repairs and an empty month, and the rest goes toward a $4,075 monthly payment.

Income to qualify: about $102,000 a year

With how much down?

At 20% down ($119,000) 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 $78,000 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.

$17,850 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

This beautifully-crafted waterfront property resides on Lake Athens, featuring full city services with water and sewer. The home boasts excellent curb appeal with an enlarged front door and stacked stone exterior. As you enter, you're greeted by an entryway with handscraped wooden floors and Venetian stained custom walls. An office, adorned with wood-engraved ceilings, can be found to your right upon entering. This spacious home embraces an open-concept living style. The great room houses a grand fireplace as the centerpiece, augmented by an expansive wall of windows that bear natural light. These windows offer an impressive view of both the porch and the canal-lined backyard. The sizeable kitchen is equipped with granite countertops and built-in appliances. A large walk-in pantry is conveniently positioned across the hall from one of the two laundry rooms this home has to offer. The Master Suite offers a lake view and hosts a recently renovated bathing area with a tub and shower. The Master Bath layout contains double vanities and a large walk-in closet. Additionally, there's a downstairs family room inclusive of a kitchen, bathroom, laundry area, and bedroom - the ideal setup for a Mother-In-Law suite. Two large porches grace each level of the house, providing stunning lake views. This property also includes a large garage with an extra driveway for RV parking. The backyard is designated by an above-ground pool that's fenced off and a gate leading to your waterfront.

House + ADU

Property Type

16,020 sqft

Lot Size

2006

Year Built

Listing Date: 06/08/2026

Listed by: Jerry Coughlin

Listing office: Coldwell Banker Apex, REALTORS

Source: NTREIS #21297159

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%
$595,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$595,000
Your Down Payment$119,000
Financed$476,000
Estimated Monthly Payment$4,075

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 ($119,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,075/month
Principal + Interest
$2,854
Property Taxes
$776
Home Insurance
$445
Rental Income (1 Unit)
$1,339/month

From the listing description.

Rental Expenses
-$201
Cost to live here
$2,937/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# 21297159 · Listing office: Coldwell Banker Apex, REALTORS

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.