Selected for the Terner Labs Housing Venture Lab

2433 Southwood Drive, Dallas, TX 75233

Active
Listed 72 days ago
Owner-Occupant Eligible
$569,000

About $3,010 a month to live here, after the rent from the other home.

House + ADU1,139 sqft2 beds1 bathsListed Sep 1, 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

$3,010a month

The second home on the lot rents for $1,138. We hold back $222 of that for repairs and an empty month, and the rest goes toward a $3,926 monthly payment.

Income to qualify: about $99,000 a year

With how much down?

At 20% down ($113,800) 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 $74,000 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.

$17,070 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Some properties simply offer more, and this one delivers an opportunity that's hard to replicate. Nestled beneath a canopy of mature trees in an established neighborhood near Kiest Park, this unique property features three separate living spaces, making it an exceptional option for investors, multigenerational living, or buyers looking to offset their mortgage with rental income. The main residence offers approximately 1,139 square feet with two bedrooms and one beautifully updated bath. Refinished hardwood floors, fresh interior paint, abundant natural light, and a new roof create a warm, move-in ready foundation. Spacious living and dining areas flow into the thoughtfully renovated kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, and a striking emerald tile backsplash. Beyond the main home, the detached apartment has been completely refreshed into a stylish one-bedroom, one-bath residence with its own full kitchen, living area, mini-split HVAC, private laundry, and separate entrance. Perfect for long-term rental income, guests, or independent living. An additional detached studio offers even more flexibility with a full kitchen, bathroom, private laundry, mini-split system, and dedicated living space, ideal for a home office, creative studio, guest suite, or another income-producing opportunity. Outside, the expansive backyard is shaded by mature trees and designed for gathering, with a fire pit area perfect for quiet evenings or weekend get-togethers. Gated alley access provides secure parking for two vehicles behind the fence, while the front driveway accommodates an additional three to four vehicles. Whether you're looking to house hack, build your investment portfolio, create space for extended family, or simply own a property with exceptional versatility, opportunities like this are few and far between. One property. Three living spaces. Endless potential.

House + ADU

Property Type

12,458 sqft

Lot Size

1952

Year Built

Listing Date: 09/01/2026

Listed by: Emily Ruth Cannon

Listing office: Compass RE Texas, LLC

Source: NTREIS #21374027

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%
$569,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$569,000
Your Down Payment$113,800
Financed$455,200
Estimated Monthly Payment$3,926

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 ($113,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,926/month
Principal + Interest
$2,729
Property Taxes
$962
Home Insurance
$235
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$222
Cost to live here
$3,010/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# 21374027 · Listing office: Compass RE Texas, 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.