Selected for the Terner Labs Housing Venture Lab

2944 CR-596, Nevada, TX 75173

Active
Listed 102 days ago
Owner-Occupant Eligible
$615,000

About $2,823 a month to live here, after the rent from the other home.

Duplex384 sqft1 bathsListed Aug 2, 2026

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

Live here for about

$2,823a month

The other home rents for $1,000. We hold back $165 of that for repairs and an empty month, and the rest goes toward a $3,658 monthly payment.

Income to qualify: about $93,000 a year

With how much down?

At 20% down ($123,000) 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 $85,000 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.

$21,525 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Do you need a place to tinker, build, or store your favorite recreational toys? This 4.49-acre improved lot at 2944 County Road 596 in Nevada, TX might just be what you’re looking for. Enjoy the true freedom of country living with NO HOA dues or strict subdivision regulations. Large metal buildings are already in place, and there is plenty of room to build a home if you desire. The previous owner was a vintage car enthusiast and used the property to tinker with his cars. The first building, constructed in 2005, is 5640 square feet with a carport, a garage for RV parking, a large open space (60 x60) with framed-in divisions for offices, and a smaller space (60 x20) with a separate entrance. It is wired for security. Water and electricity are connected in the building, and it includes a restroom area with washer and dryer hookups downstairs. It has a 500-gallon septic as well as a gray-water dump. Upstairs in the main building, you will find a 384 square foot efficiency apartment with a kitchen, bath, and sleeping and living area with Murphy beds (the apartment needs work, but it includes a full-size fridge, dishwasher, and range). A balcony is attached to the efficiency apartment. The second building, constructed 2023, is an insulated 1600 square foot structure. There is no electricity connected to the second building. There are t-posts marking the property lines, but there is not a current survey. A quick internet search revealed that mobile and manufactured homes are prohibited. Cross listed, improved land, #21346161 and commercial #21400819. Buyers and buyer's agents to verify all information, including utility access, zoning details, and specific restrictions.

Duplex

Property Type

195,584 sqft

Lot Size

2005

Year Built

Listing Date: 08/02/2026

Listed by: Libby Odom

Listing office: Ebby Halliday, REALTORS

Source: NTREIS #21350406

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%
$615,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$615,000
Your Down Payment$123,000
Financed$492,000
Estimated Monthly Payment$3,658

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 ($123,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,658/month
Principal + Interest
$2,824
Property Taxes
$768
Home Insurance
$66
Rental Income (1 Unit)
$1,000/month

From the listing description.

Rental Expenses
-$165
Cost to live here
$2,823/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# 21350406 · Listing office: Ebby Halliday, REALTORS

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.