Selected for the Terner Labs Housing Venture Lab

2155 County Road 197, Jonesboro, TX 76538

Active
Listed 78 days ago
Owner-Occupant Eligible
$998,000
Duplex1,750 sqft4 beds2 bathsListed Aug 26, 2026

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

Live here for about

$6,200a month

We are still working out the rent on this one.

Income to qualify: about $173,000 a year

With how much down?

At 20% down ($199,600) 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 $138,000 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.

$34,930 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

The ultimate private retreat and the ONLY available 40 plus acre homestead compound in Coryell County in this price point. Nestled in the heavy woods of Jonesboro, this rare 47.32 acre legacy property features three separate living structures, offering an unmatched opportunity for a multi generational family estate, private corporate retreat, or dedicated live in guest setup. Avoid the massive expense, supply chain delays, and logistical headaches of building from scratch, this turnkey rural compound is ready today. MAIN RESIDENCE: A 1 year old custom home (1,750 sq ft) with 3 bedrooms, 2 full baths, plus an office or flex space (4th bedroom option) and remaining builder warranty. Wrapped in durable Hardie Plank siding, the interior boasts 10 ft ceilings, a soaring vaulted living room, electric fireplace, luxury vinyl plank flooring throughout, and quartz countertops in the kitchen and all baths. SECONDARY RESIDENCE (BARNDO): An independent 1 bedroom, 1 bathroom home with a full kitchen, living area, laundry, and private deck. Attached is a covered RV awning with 30 amp electric, water, and sewer hookups, plus an additional 50 amp service on site. GUEST CABIN: A separate 288 sq ft cabin with a full bathroom and attached deck, ideal as a guest suite, studio, or private office. THE LAND AND INFRASTRUCTURE: 47.32 heavily wooded acres with mature oaks, seasonal creek, waterfall, rock formations, and 6 miles of private hiking and biking trails. Includes a workshop on a concrete slab with full power and overhang, Conex storage container, and tech tower for instant high speed internet. Fully perimeter fenced for sheep or goats and currently Wildlife Exempt for low taxes. Central location within 15 mins to Gatesville, 25 mins to Hamilton, and 45 mins to Waco, with easy drives to DFW, Austin, Houston, and San Antonio. Jonesboro ISD.

Duplex

Property Type

2,061,259 sqft

Lot Size

2025

Year Built

Listing Date: 08/26/2026

Listed by: Brian Haile

Listing office: Haile Real Estate

Source: NTREIS #21369100

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%
$998,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$998,000
Your Down Payment$199,600
Financed$798,400
Estimated Monthly Payment$6,200

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 ($199,600) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$6,200/month
Principal + Interest
$4,583
Property Taxes
$1,380
Home Insurance
$237
Rental Income (1 Unit)
Not yet estimated
Cost to live here
$6,200/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# 21369100 · Listing office: Haile 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.