Selected for the Terner Labs Housing Venture Lab

3615 W Northgate Drive 3 Units, Irving, TX 75062

Active
Listed 112 days ago
Owner-Occupant Eligible
$399,999
Triplex2,441 sqft5 beds4 bathsListed Jul 23, 2026

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

Live here for about

$3,478a month

We are still working out the rent on this one.

Income to qualify: about $85,000 a year

With how much down?

At 20% down ($80,000) 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 $52,000 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.

$20,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Great opportunity to buy three rental condominiums in The Meadows development in Irving. These units are located in a nice complex with gated access, swimming pool, clubhouse, covered parking and a healthy HOA with good reserves. HOA covers maintenance, water, trash and insurance, and more. These units are remodeled or in the process and can still be customized with specific finishes and upgrades. Rental rates reflect the same as other units in the complex, and can be purchased vacant or with a leased tenant. Pro forma yields for a cash buyer are six and one half percent. See agent for details on these and other unit availability.

Triplex

Property Type

270,943 sqft

Lot Size

1982

Year Built

Listing Date: 07/23/2026

Listed by: Christopher Miller

Listing office: Dave Perry Miller Real Estate

Source: NTREIS #21339646

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%
$399,999

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$399,999
Your Down Payment$80,000
Financed$319,999
Estimated Monthly Payment$3,478

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 ($80,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,478/month
Principal + Interest
$1,919
Property Taxes
$642
Home Insurance
$470
HOA$447
Rental Income (2 Units)
Not yet estimated
Cost to live here
$3,478/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# 21339646 · Listing office: Dave Perry Miller 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.