Selected for the Terner Labs Housing Venture Lab

6610 CR 431, Jonesboro, TX 76538

Active
Listed 87 days ago
Owner-Occupant Eligible
$599,000

About $1,614 a month to live here, after the rent from the other home.

Duplex4,140 sqft4 beds5 bathsListed Aug 17, 2026

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

Live here for about

$1,614a month

The other home rents for $2,857. We hold back $429 of that for repairs and an empty month, and the rest goes toward a $4,042 monthly payment.

Income to qualify: about $84,000 a year

With how much down?

At 20% down ($119,800) 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 $83,000 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.

$20,965 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

PRICED TO SELL! MOTIVATED SELLERS! Picture morning light spilling across 21 ag-exempt acres of open Texas countryside. The quiet broken only by birdsong and a breeze through the pasture. Welcome to Prairie Ridge Ranches in Jonesboro, TX! Here space, privacy, and two homes come together in one extraordinary property. The renovated main home offers 2 bedrooms and 2 bathrooms of comfortable, move-in-ready living, while a separate guest house—2 bedrooms, 2 full baths, and a half bath—opens the door to possibilities most properties can't touch: house extended family, host guests in their own private space, create a rental income stream, or simply carve out a retreat of your own. This homestead has been substantially improved since its 2024 sale, including approximately 10 additional acres, new roofs on both residences plus the shop and garage, complete perimeter fencing with pasture cross-fencing, new PEX plumbing in the Stone House, new mini-split systems in both homes, improved well and holding-tank monitoring, and a 2025 swim spa on its own dedicated concrete slab. Outside, the possibilities multiply further with a shop, garage, multiple carports, barn, livestock stalls, a greenhouse, and water available right in the pasture. With fenced acreage, a private well, and an agricultural exemption already in place, this property is ready for livestock, gardening, recreation, or simply soaking in the peace of country living—all while offering meaningful property tax savings. After a long day working the land, ease into the swim spa and let the quiet surroundings do the rest. Whether you're picturing a peaceful homestead, a multi-generational family compound, a small livestock operation, a private retreat, or simply room to spread out, Prairie Ridge Ranches delivers a rare combination of real acreage, two functional homes, meaningful upgrades, an existing ag exemption, and genuine country charm. Deed restrictions apply; annual dues cover road maintenance only.

Duplex

Property Type

914,760 sqft

Lot Size

2006

Year Built

Listing Date: 08/17/2026

Listed by: Vicky Tarver

Listing office: ARMSTRONG REAL ESTATE

Source: NTREIS #21362198

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$4,042

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 ($119,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,042/month
Principal + Interest
$2,751
Property Taxes
$569
Home Insurance
$622
HOA$100
Rental Income (1 Unit)
$2,857/month

From the listing description.

Rental Expenses
-$429
Cost to live here
$1,614/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# 21362198 · Listing office: ARMSTRONG REAL ESTATE

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.