Selected for the Terner Labs Housing Venture Lab

5860 Newt Patterson Road, Mansfield, TX 76063

Active
Listed 112 days ago
Owner-Occupant Eligible
$850,000

About $5,372 a month to live here, after the rent from the other home.

House + ADU4,739 sqft6 beds5 bathsListed Jul 23, 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

$5,372a month

The second home on the lot rents for $1,138. We hold back $188 of that for repairs and an empty month, and the rest goes toward a $6,322 monthly payment.

Income to qualify: about $166,000 a year

With how much down?

At 20% down ($170,000) 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 $111,000 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.

$25,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

ADDITIONAL ACREAGE AVAILABLE FOR PURCHASE! This fully renovated 6 bedroom, 4.5 bath home currently sits on 1 full acre outside Mansfield city limits with no HOA and room for RV parking. Want even more space? An additional adjoining lot is available for purchase, offering the opportunity to own a total of 2.89 acres! See the plat in photos and contact the listing agent for additional acreage pricing. Ideal for multigenerational living, the home features two primary suites, an additional guest suite, PLUS a detached, climate controlled casita with a full bathroom and kitchenette. Work from home? You've got two dedicated office spaces to choose from. At the heart of the home, an oversized kitchen island creates the ultimate gathering spot for hosting, holidays and everyday life. Step outside to two cedar-wrapped covered patios offering space to entertain, a pool to play, land to garden or simply enjoy a little more privacy. Come let 5860 Newt Patterson welcome you home.

House + ADU

Property Type

43,734 sqft

Lot Size

2004

Year Built

Listing Date: 07/23/2026

Listed by: Katie Saldivar

Listing office: Keller Williams Realty-FM

Source: NTREIS #21338962

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%
$850,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$850,000
Your Down Payment$170,000
Financed$680,000
Estimated Monthly Payment$6,322

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 ($170,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$6,322/month
Principal + Interest
$4,077
Property Taxes
$1,431
Home Insurance
$814
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$188
Cost to live here
$5,372/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# 21338962 · Listing office: Keller Williams Realty-FM

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.