1205 Kitchens Drive, Lucas, TX 75002
About $6,368 a month to live here, after the rent from the other home.
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
The second home on the lot rents for $1,000. We hold back $150 of that for repairs and an empty month, and the rest goes toward a $7,218 monthly payment.
Income to qualify: about $190,000 a year
With how much down?
At 20% down ($209,800) 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 $137,000 of it. See the ten-year math
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.
$31,470 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
SELLER OPEN TO MORTGAGE RATE BUYDOWN OPTIONS! This incredible, gated property offers a 4,049 sf main residence, a fully equipped 551sf private guest apartment, six garage spaces, and exceptional versatility for entertaining, multigenerational living, or hobbyists seeking unmatched space. Soaring ceilings, hardwood floors, quartz counters, plantation shutters, and solid-core doors throughout. A two-story foyer welcomes you to this thoughtfully designed custom home with a private office, formal dining, wet bar, first-floor guest bedroom and full bath, and a grand living room with vaulted ceilings, floor-to-ceiling corner fireplace, and a wall of windows overlooking the beautifully landscaped backyard. The gourmet kitchen features a large center island with seating, KitchenAid six-burner range, soft-close cabinetry, built-in oven, walk-in pantry, and spacious breakfast room with sliding doors to the covered patio with sun-blocking electric shades. Tucked away for privacy, the primary suite offers a sitting area and spa bath with soaking tub, extended vanity with double sinks, oversized walk-in shower with rain head and dual benches, and direct access to the laundry room through the custom walk-in closet. Upstairs includes a large game room, media room, three bedrooms, and full bath. The oversized detached three-car garage with insulated doors sits behind a new solar-powered electric gate and is ideal for a workshop, recreational equipment, or the car enthusiast. Above, the beautifully finished apartment offers the comfort and privacy of a second residence with a full kitchen, dining area, living room, bedroom, full bath, separate HVAC system, and endless flexibility for guests, live-in caregivers, or private office. Ultraviolet HVAC air purification, heat-reducing window film, automatic sprinkler system, and floored attic storage. Situated on a premium one-acre corner lot adjacent to a protected multi-acre reserve, fully fenced, and just minutes to Lake Lavon.
House + ADU
Property Type
45,782 sqft
Lot Size
2022
Year Built
Listing Date: 07/16/2026
Listed by: Tom Grisak
Listing office: Keller Williams Realty Allen
Source: NTREIS #21303245
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
List Price
FINANCIALS
How much do you want to put down?
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 ($209,800) and 6.0%, 30-year fixed. Your rate and down payment change this.
From the listing description.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
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.
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MLS# 21303245 · Listing office: Keller Williams Realty Allen
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.