Selected for the Terner Labs Housing Venture Lab

11912 Garden Terrace Drive, Dallas, TX 75243

Active
Listed 104 days ago
Owner-Occupant Eligible
$519,500

About $2,220 a month to live here, after the rent from the other home.

Duplex2,558 sqft6 beds4 bathsListed Jul 31, 2026

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

Live here for about

$2,220a month

The other home rents for $1,850. We hold back $333 of that for repairs and an empty month, and the rest goes toward a $3,737 monthly payment.

Income to qualify: about $88,000 a year

With how much down?

At 20% down ($103,900) 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 $72,000 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.

$18,183 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Turnkey Duplex Investment Opportunity 11910–11912 Garden Terrace presents an excellent opportunity to own a well-maintained, income-producing full duplex featuring 6 bedrooms, 4 full bathrooms, and a two-car garage. Each unit offers 3 bedrooms, 2 full bathrooms, and a private one-car garage, providing an attractive layout for tenants and strong rental potential. Unit 11910 has been fully updated and is currently leased at $1,850 month, with the current lease beginning June 1, 2026. Unit 11912 features updated flooring, bathrooms, and interior paint and has been renewed at $1,850 month through a lease renewal completed in December 2025, Additional major improvements include a roof and gutters replaced in 2022, helping provide peace of mind for the next owner. With both units currently leased at a combined $3,700 month, this property offers an investor immediate rental income with recent updates and valuable garage parking for both units. Submit your offer and schedule your tour.

Duplex

Property Type

8,538 sqft

Lot Size

1982

Year Built

Listing Date: 07/31/2026

Listed by: Mekebeb Solomon

Listing office: Fathom Realty

Source: NTREIS #21345896

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%
$519,500

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$519,500
Your Down Payment$103,900
Financed$415,600
Estimated Monthly Payment$3,737

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 ($103,900) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,737/month
Principal + Interest
$2,386
Property Taxes
$868
Home Insurance
$483
Rental Income (1 Unit)
$1,850/month

From the listing description.

Rental Expenses
-$333
Cost to live here
$2,220/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# 21345896 · Listing office: Fathom Realty

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.