Selected for the Terner Labs Housing Venture Lab

1020 Burnett Boulevard A and B, Alvarado, TX 76009

Active
Listed 120 days ago
Owner-Occupant Eligible
$535,000

About $2,122 a month to live here, after the rent from the other home.

Duplex2,658 sqft6 beds4 bathsListed Jul 15, 2026

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

Live here for about

$2,122a month

The other home rents for $1,900. We hold back $285 of that for repairs and an empty month, and the rest goes toward a $3,737 monthly payment.

Income to qualify: about $87,000 a year

With how much down?

At 20% down ($107,000) 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 $74,000 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.

$18,725 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Calling all investors! This stunning new 3-bedroom, 2-bathroom, 1-car garage duplex is the perfect blend of style and functionality, making it an excellent investment or home opportunity. Designed with attention to detail, it features durable and easy-to-maintain stained concrete flooring throughout, ensuring long-lasting beauty and practicality. The kitchen boasts granite countertops, a sleek, modern design, and a spacious pantry with floating shelves, offering ample storage and a stylish flair. All necessary appliances will be installed, and the property is prepped with an alarm system for added peace of mind once electricity is connected. The open-concept layout creates a welcoming living space, ideal for families or tenants seeking comfort and convenience. Step outside to enjoy a private, fenced backyard, perfect for pets, outdoor gatherings, or simply unwinding in solitude.. Schedule your showing today and see the potential this duplex has to offer!

Duplex

Property Type

21,039 sqft

Lot Size

2024

Year Built

Listing Date: 07/15/2026

Listed by: Jamie Wickliffe

Listing office: CENTURY 21 Judge Fite Company

Source: NTREIS #21324657

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%
$535,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$535,000
Your Down Payment$107,000
Financed$428,000
Estimated Monthly Payment$3,737

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 ($107,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,737/month
Principal + Interest
$2,457
Property Taxes
$869
Home Insurance
$411
Rental Income (1 Unit)
$1,900/month

From market rates for this unit's size.

Rental Expenses
-$285
Cost to live here
$2,122/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# 21324657 · Listing office: CENTURY 21 Judge Fite Company

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.