Selected for the Terner Labs Housing Venture Lab

200 Equestrian Circle, Jefferson, TX 75657

Active
Listed 107 days ago
Owner-Occupant Eligible
$599,000

About $3,135 a month to live here, after the rent from the other home.

House + ADU1,530 sqft2 beds3 bathsListed Jul 28, 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

$3,135a month

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 $3,985 monthly payment.

Income to qualify: about $99,000 a year

With how much down?

At 20% down ($119,800) 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 $78,000 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.

$17,970 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to Kellyville Ranch, where luxury country living meets an exceptional equestrian lifestyle just minutes from Historic Jefferson. Nestled on 20.82 fully fenced acres, this move in ready cedar home offers the perfect blend of rustic charm, modern comfort, and premier horse facilities. The open concept home features 2 bedrooms, 3 full baths, soaring wood ceilings, abundant natural light, a cozy wood burning fireplace, and a spacious kitchen with stainless steel appliances. The private primary suite overlooks the community oversized stock pond, creating a peaceful retreat. A separate 20ft x 25ft guest house, mother in law suite includes a full kitchen, living area, bedroom space, and full bath, making it ideal for guests, extended family, or multi generational living. Equestrians will appreciate the impressive 50ft x 56ft horse barn with four stalls, large RV storage, 32ft x 14ft workshop, and open pastures ready for horses and livestock. Covered front and back porches, mature trees, and beautiful landscaping provide the perfect setting to relax and enjoy the peaceful surroundings. Kellyville Ranch offers miles of scenic riding and walking trails, a large stocked community pond, and this property includes a private 20ft x 20ft covered fishing pier. Enjoy the best of both worlds with Lake O’ The Pines just 10 minutes away for boating and fishing, while Josey Ranch Barrel Racing Arena is only 23 minutes away. Conveniently located 45 minutes from Longview and approximately one hour from Shreveport, Louisiana, this property offers the ideal balance of privacy and accessibility. Whether you’re looking for a full time residence, weekend retreat, or turnkey horse property, this exceptional ranch is ready for you. Bring your horses, livestock, RV, and outdoor toys, and experience the beauty, recreation, and relaxed lifestyle that make Kellyville Ranch one of East Texas most desirable equestrian communities.

House + ADU

Property Type

906,919 sqft

Lot Size

2009

Year Built

Listing Date: 07/28/2026

Listed by: Amber Jenkins

Listing office: Prime Realty, LLC

Source: NTREIS #21341646

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%
$599,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$599,000
Your Down Payment$119,800
Financed$479,200
Estimated Monthly Payment$3,985

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 ($119,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,985/month
Principal + Interest
$2,873
Property Taxes
$782
Home Insurance
$230
HOA$100
Rental Income (1 Unit)
$1,000/month

From the listing description.

Rental Expenses
-$150
Cost to live here
$3,135/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# 21341646 · Listing office: Prime Realty, LLC

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.