Selected for the Terner Labs Housing Venture Lab

345-347 Schirra Court, Lavon, TX 75166

Active
Listed 83 days ago
Owner-Occupant Eligible
$494,500

About $1,777 a month to live here, after the rent from the other home.

Duplex2,414 sqft6 beds4 bathsListed Aug 21, 2026

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

Live here for about

$1,777a month

The other home rents for $1,900. We hold back $285 of that for repairs and an empty month, and the rest goes toward a $3,392 monthly payment.

Income to qualify: about $74,000 a year

With how much down?

At 20% down ($98,900) 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 $68,000 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.

$17,308 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Maximize your investment portfolio with this turnkey, single-story full duplex situated on a cul-de-sac lot in the highly sought-after Grand Heritage West community. Built in 2010 and meticulously maintained, this property boasts a proven track record of 100% occupancy, making it an ideal addition for a savvy investor or a perfect house-hacking opportunity in the booming North Texas market. Each side of duplex features 3 bedrooms, 2 full bathrooms, and an open-concept living area. Upgraded fixtures, walk-in closets, dedicated utility rooms, and private fenced backyards equipped with full sprinkler systems. Separate attached 2-car garages (4 spaces total). Residents gain full access Grand Heritage Club, a multi-million dollar amenity center featuring a resort-style pool, splash pad, 24-hour fitness center, clubhouse, and business center. The community also offers expansive parks, jogging trails, and fishing ponds, all while being minutes away from the recreational opportunities at Lake Lavon. Strategically located with easy access to Highways 78 and 205, this property offers a seamless commute to Wylie, Rockwall, and Plano. Lavon is one of the fastest-growing areas in Collin County. Both units are currently tenant-occupied, providing immediate cash flow from day one.

Duplex

Property Type

3,485 sqft

Lot Size

2009

Year Built

Listing Date: 08/21/2026

Listed by: JoAnn Campbell

Listing office: Citywide Real Estate and Prope

Source: NTREIS #21357961

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%
$494,500

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$494,500
Your Down Payment$98,900
Financed$395,600
Estimated Monthly Payment$3,392

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 ($98,900) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,392/month
Principal + Interest
$2,271
Property Taxes
$592
Home Insurance
$414
HOA$115
Rental Income (1 Unit)
$1,900/month

From market rates for this unit's size.

Rental Expenses
-$285
Cost to live here
$1,777/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# 21357961 · Listing office: Citywide Real Estate and Prope

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.