Selected for the Terner Labs Housing Venture Lab

3737 Nottingham Drive, The Colony, TX 75056

Active
Listed 134 days ago
Owner-Occupant Eligible
$824,000

About $4,645 a month to live here, after the rent from the other home.

House + ADU4,324 sqft5 beds4 bathsListed Jul 1, 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

$4,645a month

The second home on the lot rents for $1,574. We hold back $236 of that for repairs and an empty month, and the rest goes toward a $5,983 monthly payment.

Income to qualify: about $150,000 a year

With how much down?

At 20% down ($164,800) 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 $108,000 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.

$24,720 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Incredible value-per-square-foot and Sellers offering $5,000 to Buyers for Closing costs or a Rate buy-down! Welcome to a golfer's paradise packed with amenities! This community offers lakes, scenic trails, a clubhouse, landscaped canals, two resort-style pools, a kids' splash park, multiple playgrounds, and more. This beautifully updated home boasts new wood floors, carpet, appliances, fresh paint, an updated primary bathroom, new faucets, showers, ceiling fans, and lighting throughout. The versatile floor plan adapts to meet all your needs, featuring 2 bedrooms down, a private living area off the entry that could serve as a home office or an in-law suite, complete with a kitchenette, adjoining bedroom, and its own private exterior entrance. Great for a multigenerational family, home-based business or gym. The kitchen is a chef's dream, equipped with premium finishes and features. The grand living room impresses with double-height ceilings and a cozy fireplace, perfect for gatherings. A convenient mudroom is located just off the entryway, and the spacious primary suite offers a relaxing bay window seating area. The en-suite bathroom is a true showstopper! Laundry rooms on both levels! Upstairs features a game room, media room, and generously sized guest bedrooms. The backyard is a peaceful retreat, complete with a covered patio ideal for outdoor dining or relaxing in the shade.

House + ADU

Property Type

7,492 sqft

Lot Size

2015

Year Built

Listing Date: 07/01/2026

Listed by: Michael Hershenberg

Listing office: Real Broker, LLC

Source: NTREIS #21318945

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%
$824,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$824,000
Your Down Payment$164,800
Financed$659,200
Estimated Monthly Payment$5,983

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 ($164,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,983/month
Principal + Interest
$3,952
Property Taxes
$1,226
Home Insurance
$705
HOA$100
Rental Income (1 Unit)
$1,574/month

From the listing description.

Rental Expenses
-$236
Cost to live here
$4,645/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# 21318945 · Listing office: Real Broker, 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.