Selected for the Terner Labs Housing Venture Lab

4205 Austin Place, Lakeside, TX 76135

Active
Listed 90 days ago
Owner-Occupant Eligible
$260,000

About $725 a month to live here, after the rent from the other home.

House + ADU3,100 sqft6 beds5 bathsListed Aug 14, 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

$725a month

The second home on the lot rents for $1,750. We hold back $289 of that for repairs and an empty month, and the rest goes toward a $2,186 monthly payment.

Income to qualify: about $45,000 a year

With how much down?

At 20% down ($52,000) 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 $34,000 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.

$7,800 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Exceptional Investor-Builder Opportunity Near Lake Worth! Two homes on approximately 1.05 acres offer excellent potential for renovation, rental income, multi-generational living, or future development. Combined living area is approximately 3,100 SF. The main home features 4 bedrooms, 2.5 baths, three levels, and a third-floor balcony with attractive lake views. The second home offers 3 bedrooms and 2 baths. The main home has fire damage primarily affecting the basement and is being sold as-is, offering a significant value-add opportunity for investors or builders. Potential for additional development is subject to zoning, permits, utilities, and local requirements. Cash buyers only. Buyer and buyer's agent to verify all information and development potential.

House + ADU

Property Type

45,738 sqft

Lot Size

1988

Year Built

Listing Date: 08/14/2026

Listed by: Shibu James

Listing office: Beam Real Estate, LLC

Source: NTREIS #21359668

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%
$260,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$260,000
Your Down Payment$52,000
Financed$208,000
Estimated Monthly Payment$2,186

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 ($52,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,186/month
Principal + Interest
$1,247
Property Taxes
$354
Home Insurance
$585
Rental Income (1 Unit)
$1,750/month

From market rates for this unit's size.

Rental Expenses
-$289
Cost to live here
$725/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# 21359668 · Listing office: Beam Real Estate, 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.