Selected for the Terner Labs Housing Venture Lab

617 Grand Avenue, Abilene, TX 79605

Active
Listed 111 days ago
Owner-Occupant Eligible
$265,000
Duplex1,524 sqft3 beds2 bathsListed Jul 24, 2026

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

Live here for about

$1,773a month

We are still working out the rent on this one.

Income to qualify: about $49,000 a year

With how much down?

At 20% down ($53,000) 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 $37,000 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.

$9,275 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Live in the Main Home and Let the Additional Unit Help Pay the Mortgage! This versatile property offers an excellent opportunity for homeowners, investors, or anyone looking for a convenient mother-in-law suite or guest space. The main home features 3 bedrooms and 2 bathrooms, along with comfortable-sized living and dining areas that provide plenty of room for everyday living and entertaining. Both the main home and efficiency apartment have been recently freshened up, including new interior paint and flooring, giving the property a clean, move-in-ready feel. The main home is equipped with central heat and air, while the efficiency apartment features window units. The separate efficiency apartment provides valuable flexibility and the potential for rental income, guest accommodations, or a private space for extended family. Conveniently located near shopping, restaurants, parks, and schools, this property combines functionality, flexibility, and income potential in one great package. Whether you're looking to offset your monthly mortgage payment, create an income-producing investment, or have a separate space for family, this is an opportunity you won't want to miss! Schedule your private showing with your favorite REALTOR® today.

Duplex

Property Type

4,748 sqft

Lot Size

1941

Year Built

Listing Date: 07/24/2026

Listed by: Tammy Kister

Listing office: Absolute Real Estate Mgt.

Source: NTREIS #21340623

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%
$265,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$265,000
Your Down Payment$53,000
Financed$212,000
Estimated Monthly Payment$1,773

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 ($53,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$1,773/month
Principal + Interest
$1,217
Property Taxes
$281
Home Insurance
$275
Rental Income (1 Unit)
Not yet estimated
Cost to live here
$1,773/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# 21340623 · Listing office: Absolute Real Estate Mgt.

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.