Selected for the Terner Labs Housing Venture Lab

224 Lyla Lane, Whitewright, TX 75491

Active
Listed 69 days ago
Owner-Occupant Eligible
$779,900

About $3,446 a month to live here, after the rent from the other home.

House + ADU3,005 sqft6 beds5 bathsListed Sep 4, 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

$3,446a month

The second home on the lot rents for $1,820. We hold back $273 of that for repairs and an empty month, and the rest goes toward a $4,993 monthly payment.

Income to qualify: about $123,000 a year

With how much down?

At 20% down ($155,980) 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 $102,000 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.

$23,397 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

NEW PRICE! TWO HOMES, A 1,200-SQUARE-FOOT SHOP AND 7.641 PRIVATE ACRES—ALL BUILT IN 2023! This modern country retreat delivers the space, flexibility and improvements acreage buyers are searching for, with approximately 3,005 total square feet of combined heated and cooled living space, six bedrooms, 4.5 bathrooms and an oversized attached two-car garage. The main barndominium features four bedrooms and 3.5 bathrooms beneath dramatic soaring ceilings. A floor-to-ceiling fireplace anchors the open living area, while the chic kitchen combines style and function with abundant cabinetry, a walk-in pantry, expansive island and built-in bar. Three laundry connections serve the property, including two in the main home and one conveniently located inside the primary closet. Outside, a deep covered patio, outdoor cooking area, above-ground pool with deck and private fenced yard create an inviting space for entertaining and everyday country living. The separate two-bedroom, one-bath guest house, identified as an ADU by the appraisal, includes its own living area, full kitchen, laundry, HVAC system, covered porch and fenced yard. It creates a rare live-together, live-separately arrangement for extended guests, multigenerational living, a caretaker or flexible household needs. Positioned between the residences is a powered 30-by-40-foot metal-framed shop on a slab foundation, complete with lighting, 110V service and two 10-foot overhead doors—ready for vehicles, equipment, hobbies, storage and recreational toys. The property also includes two septic systems, while the residences share utility meters. Surrounded by mature trees and open acreage, this distinctive property provides privacy, versatility and room to breathe. Whether using this 7.641-acre property as a primary residence, second home or private multigenerational retreat, this is far more than a home, it is the entire country-living experience!

House + ADU

Property Type

332,842 sqft

Lot Size

2023

Year Built

Listing Date: 09/04/2026

Listed by: Shelley Homer

Listing office: eXp Realty LLC

Source: NTREIS #21373591

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%
$779,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$779,900
Your Down Payment$155,980
Financed$623,920
Estimated Monthly Payment$4,993

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 ($155,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,993/month
Principal + Interest
$3,741
Property Taxes
$788
Home Insurance
$464
Rental Income (1 Unit)
$1,820/month

From the listing description.

Rental Expenses
-$273
Cost to live here
$3,446/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# 21373591 · Listing office: eXp Realty 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.