Selected for the Terner Labs Housing Venture Lab

207 Young Street, Nocona, TX 76255

Active
Listed 143 days ago
Owner-Occupant Eligible
$170,000

About $208 a month to live here, after the rent from the other home.

Duplex1,400 sqft2 beds2 bathsListed Jun 22, 2026

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

Live here for about

$208a month

The other home rents for $1,267. We hold back $190 of that for repairs and an empty month, and the rest goes toward a $1,285 monthly payment.

Income to qualify: about $24,000 a year

With how much down?

At 20% down ($34,000) 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 $23,000 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.

$5,950 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Income-Producing Duplex in Nocona, TX! Built less than five years ago, this attractive duplex offers a great opportunity for investors or owner-occupants. Each unit features 1 bedroom and 1 bathroom with a modern, efficient layout designed for comfortable living. Stylish sealed concrete floors provide durability and easy maintenance, while butcher block countertops add warmth and character to the kitchen spaces. One side is currently leased, providing immediate rental income from day one, while the second unit offers flexibility for an additional tenant or personal occupancy. The newer construction helps minimize maintenance concerns and offers the benefits of modern building standards and energy efficiency. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this property checks all the boxes. Don't miss this chance to own a newer multifamily property in Nocona with built-in income potential and strong long-term investment appeal. Schedule your showing today!

Duplex

Property Type

8,668 sqft

Lot Size

2022

Year Built

Listing Date: 06/22/2026

Listed by: Sarah Lawson

Listing office: Ell & Co. Real Estate, LLC

Source: NTREIS #21308906

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%
$170,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$170,000
Your Down Payment$34,000
Financed$136,000
Estimated Monthly Payment$1,285

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 ($34,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$1,285/month
Principal + Interest
$781
Property Taxes
$315
Home Insurance
$189
Rental Income (1 Unit)
$1,267/month

From the listing description.

Rental Expenses
-$190
Cost to live here
$208/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# 21308906 · Listing office: Ell & Co. Real Estate, 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.