Selected for the Terner Labs Housing Venture Lab

1331 Medlan Chapel Road, Graham, TX 76450

Active
Listed 135 days ago
Owner-Occupant Eligible
$320,000

About $1,375 a month to live here, after the rent from the other home.

House + ADU1,874 sqft3 beds2 bathsListed Jun 30, 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

$1,375a month

The second home on the lot rents for $1,138. We hold back $188 of that for repairs and an empty month, and the rest goes toward a $2,325 monthly payment.

Income to qualify: about $55,000 a year

With how much down?

At 20% down ($64,000) 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 $42,000 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.

$9,600 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Enjoy the best of country living on 2.169 picturesque acres with this beautifully remodeled 3-bedroom, 2-bath home that perfectly combines modern updates with peaceful surroundings. Featuring a desirable split-bedroom floor plan, this home offers comfort, privacy, and an inviting layout ideal for everyday living. Large windows throughout fill the home with natural light, creating a bright and welcoming atmosphere in every room. The extensive remodel allows you to move in with confidence and immediately enjoy all this property has to offer. Outside, you’ll appreciate the attached carport for convenient covered parking, a dependable water well, and a storage building complete with an awning that’s perfect for storing equipment, tools, or outdoor toys. The manageable acreage provides plenty of space to enjoy the outdoors, start a garden, raise a few animals, or simply take in the quiet beauty of country life without the upkeep of a large ranch. Adding even more value is a separate 2-bedroom, 1-bath structure that’s ready for your finishing touches. Whether you envision a private mother-in-law suite, guest quarters, home office, rental property, or a charming Airbnb, this additional living space offers endless possibilities to fit your needs and lifestyle. Animal lovers will also appreciate the set of pens, making it easy to accommodate livestock, show animals, or hobby farm projects. Whether you’re looking for a peaceful place to call home, space for extended family, or an opportunity for additional income, this versatile property offers the perfect balance of comfort, functionality, and country charm. Don’t miss your chance to own this move-in-ready home with room to grow, create, and enjoy the simple pleasures of rural living.

House + ADU

Property Type

94,482 sqft

Lot Size

1987

Year Built

Listing Date: 06/30/2026

Listed by: Amie Pratt

Listing office: Weatherbee Real Estate

Source: NTREIS #21311955

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%
$320,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$320,000
Your Down Payment$64,000
Financed$256,000
Estimated Monthly Payment$2,325

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 ($64,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,325/month
Principal + Interest
$1,535
Property Taxes
$480
Home Insurance
$310
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$188
Cost to live here
$1,375/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# 21311955 · Listing office: Weatherbee 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.