Selected for the Terner Labs Housing Venture Lab

906 Birch Street, Canadian, TX 79014

Active
Listed 135 days ago
Owner-Occupant Eligible
$125,000

About $0 a month to live here, after the rent from the other homes.

Quadplex2,240 sqft4 bedsListed Jun 30, 2026

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

Live here for about

$0a month

The other homes rent for $3,000, which covers the $1,234 monthly payment on these estimates.

Income to qualify: about $7,000 a year

With how much down?

At 20% down ($25,000) 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 $16,000 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.

$6,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Prime Multi-Family Investment Opportunity in Canadian, TX! This turnkey package features two solid brick duplexes (4 units total), offering exceptional potential for steady rental income or a house-hacking strategy—live in one unit and let the remaining three pay your mortgage. Each well-maintained 1-bedroom layout delivers the ideal balance of low-maintenance living and functional appeal in a desirable neighborhood. Strong income potential in a solid location.

Quadplex

Property Type

7,710 sqft

Lot Size

1981

Year Built

Listing Date: 06/30/2026

Listed by: Michael Kennedy

Listing office: Gingrich Group, LLC

Source: NTREIS #21317146

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%
$125,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$125,000
Your Down Payment$25,000
Financed$100,000
Estimated Monthly Payment$1,234

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 ($25,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$1,234/month
Principal + Interest
$600
Property Taxes
$246
Home Insurance
$388
Rental Income (3 Units)
$3,000/month

From the listing description.

Rental Expenses
-$540
Cost to live here
$-1,226/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# 21317146 · Listing office: Gingrich Group, 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.