Selected for the Terner Labs Housing Venture Lab

1101 Cates Street, Bridgeport, TX 76426

Active
Listed 153 days ago
Owner-Occupant Eligible
$630,000

About $861 a month to live here, after the rent from the other homes.

Quadplex4,044 sqft10 beds4 bathsListed Jun 12, 2026

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

Live here for about

$861a month

The other homes rent for $4,408. We hold back $727 of that for repairs and an empty month, and the rest goes toward a $4,542 monthly payment.

Income to qualify: about $87,000 a year

With how much down?

At 20% down ($126,000) 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 $82,000 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.

$31,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Duplexes at 1101 Cates and 1206 11th Street in Bridgeport Texas are fresh on the market! These duplexes are just a hop and skip away from the main strip in Bridgeport Texas, walking distance from shopping, restaurants and the small town charm that encompasses Bridgeport. These two duplexes are to be sold together and each one holds a 3 bed 1 bath and a 2 bed 1 bath rental unit. The owners have taken great care of them and added spray foam to the attics, both buildings have newer roofs, Air conditioning systems and windows. The properties are located behind what will be the new entertainment area on Halsell Street in Bridgeport and right down the road from the city park. The duplexes are centrally located in town but still have quick access to 101, 114 and 380 depending what direction folks need to go. All units sold together, seller does not prefer to sell them separate.

Quadplex

Property Type

13,939 sqft

Lot Size

2003

Year Built

Listing Date: 06/12/2026

Listed by: Jared Lucier

Listing office: Parker Properties Real Estate

Source: NTREIS #21297498

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%
$630,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$630,000
Your Down Payment$126,000
Financed$504,000
Estimated Monthly Payment$4,542

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 ($126,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,542/month
Principal + Interest
$3,022
Property Taxes
$792
Home Insurance
$728
Rental Income (3 Units)
$4,408/month

From the listing description.

Rental Expenses
-$727
Cost to live here
$861/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# 21297498 · Listing office: Parker Properties Real Estate

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.