Selected for the Terner Labs Housing Venture Lab

1809 Carminati Road, Montague, TX 76251

Active
Listed 115 days ago
Owner-Occupant Eligible
$869,000
Duplex1,730 sqft2 beds2 bathsListed Jul 20, 2026

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

Live here for about

$5,425a month

We are still working out the rent on this one.

Income to qualify: about $151,000 a year

With how much down?

At 20% down ($173,800) 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 $120,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

No rent is counted for this home yet, so the cost to live here is the whole loan payment, taxes, insurance and any dues. Income to qualify uses a 43% debt-to-income limit and none of your other debts.

$30,415 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Hunt, Fish, Farm or just enjoy serenity and country living in this meticulously built and maintained Barndominium on nearly 30 acres. Large eat in kitchen, with huge island, walk in pantry, custom cabinets, and granite countertops. Living area has high ceilings, huge ceiling fan, wood burning fire place with Lopi insert, rock hearth, natural wood mantle, and overlooks rolling Texas landscape with large pond, abundant wild life and scenic hay pasture. Primary suite with large jetted tub, granite countertops, separate shower, his and her sinks plus huge walk in closet. Large mud-laundry room with sink and custom cabinets. Plantation shutters throughout. Huge 30X36 spray foam insulated double door attached garage. Approx 1400 sq ft wrap around patio creates even more living space for entertaining. In addition, property has a Beautiful 360 sq ft GUEST HOUSE, with efficiency kitchen and full bath that could provide rental income as SHORT TERM RENTAL, or great IN-LAW SUITE! Other structures include 30X40 spray foam insulated shop with electric and water, 40 ft shipping container, beside 40 ft RV port, 20X40 equipment barn, and a storm shelter! Approx 15 acres in Coastal common hay, and about 5 acres in grazing, leaves around 10 acres in Oak and Brush. Beauty everywhere you look! Fenced with electric drive gate. Pond is well stocked with large Bass!

Duplex

Property Type

1,300,266 sqft

Lot Size

2017

Year Built

Listing Date: 07/20/2026

Listed by: Charles Simpson

Listing office: HomeSmart

Source: NTREIS #21334863

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%
$869,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$869,000
Your Down Payment$173,800
Financed$695,200
Estimated Monthly Payment$5,425

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 ($173,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,425/month
Principal + Interest
$3,991
Property Taxes
$1,187
Home Insurance
$247
Rental Income (1 Unit)
Not yet estimated
Cost to live here
$5,425/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# 21334863 · Listing office: HomeSmart

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.