Selected for the Terner Labs Housing Venture Lab

10633 Buddy Parker Road, Kemp, TX 75143

Active
Listed 50 days ago
Owner-Occupant Eligible
$493,000

About $2,205 a month to live here, after the rent from the other home.

House + ADU2,814 sqft3 beds3 bathsListed Sep 23, 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

$2,205a month

The second home on the lot rents for $1,707. We hold back $307 of that for repairs and an empty month, and the rest goes toward a $3,605 monthly payment.

Income to qualify: about $85,000 a year

With how much down?

At 20% down ($98,600) 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 $64,000 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.

$14,790 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

**Cedar Creek Country Club living at its best!** This exceptional property combines stylish updates, resort-style outdoor living, and remarkable flexibility just steps from the golf course. A private **GUNITE pool with spa, outdoor cooking area, and over 1,000 sq ft of wood decking** create an impressive setting for entertaining and enjoying the East Texas lifestyle. Inside, new LVP flooring flows throughout much of the home, while soaring cathedral ceilings and expansive windows fill the living room with natural light and views of the pool and outdoor living spaces. The updated kitchen features white quartz countertops, abundant cabinetry, and windows overlooking the backyard. The main level offers two bedrooms, including a private ensuite. Upstairs, a spacious retreat with its **own private entrance** offers exceptional flexibility as a primary suite, private guest quarters, multigenerational living space, or potential income-producing apartment. The second living area includes a wet bar, mini-fridge, and additional storage. Step outside to your private retreat with a sparkling GUNITE pool, outdoor cooking area, and expansive wood deck—perfect for poolside gatherings and relaxing East Texas evenings. Just a short golf cart ride away, the semi-private Cedar Creek Country Club offers dinner, Tuesday night Trivia, Sunday Brunch, and golf. A Social POA is also available for those who want to participate in neighborhood events. **Whether you're seeking a primary residence, weekend escape, multigenerational home, or property with flexible guest and rental possibilities, this unique Cedar Creek Lake property delivers an exceptional lifestyle with room to make it your own.**

House + ADU

Property Type

22,564 sqft

Lot Size

1984

Year Built

Listing Date: 09/23/2026

Listed by: Val McGilvra

Listing office: Cedar Creek Lake Real Estate

Source: NTREIS #21364520

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%
$493,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$493,000
Your Down Payment$98,600
Financed$394,400
Estimated Monthly Payment$3,605

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 ($98,600) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,605/month
Principal + Interest
$2,365
Property Taxes
$701
Home Insurance
$531
HOA$8
Rental Income (1 Unit)
$1,707/month

From the listing description.

Rental Expenses
-$307
Cost to live here
$2,205/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# 21364520 · Listing office: Cedar Creek Lake 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.