Selected for the Terner Labs Housing Venture Lab

2400 Park Avenue, Waco, TX 76706

Active
Listed 65 days ago
Owner-Occupant Eligible
$168,000

About $903 a month to live here, after the rent from the other home.

House + ADU1,309 sqft3 beds1 bathsListed Sep 11, 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

$903a month

The second home on the lot rents for $895. We hold back $175 of that for repairs and an empty month, and the rest goes toward a $1,623 monthly payment.

Income to qualify: about $37,000 a year

With how much down?

At 20% down ($33,600) 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 $22,000 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.

$5,040 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

2-for-1 investment opportunity with endless potential! Whether you're an investor looking to add to your portfolio or someone wanting to generate extra income, this property offers a unique setup with two separate living spaces. Live in the main home while renting out the additional space, or take advantage of the property as a full investment. The additional mother-in-law suite features a full kitchen, providing a comfortable and functional space for extended family, guests, or tenants. With separate living quarters and multiple possibilities for use, this property offers flexibility that’s hard to find. Whether you're looking for rental income, multi-generational living, or a property with additional income potential, this one is worth a look!

House + ADU

Property Type

7,248 sqft

Lot Size

1952

Year Built

Listing Date: 09/11/2026

Listed by: Anel Perales

Listing office: EG Realty

Source: NTREIS #21382137

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%
$168,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$168,000
Your Down Payment$33,600
Financed$134,400
Estimated Monthly Payment$1,623

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 ($33,600) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$1,623/month
Principal + Interest
$806
Property Taxes
$581
Home Insurance
$236
Rental Income (1 Unit)
$895/month

From market rates for this unit's size.

Rental Expenses
-$175
Cost to live here
$903/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# 21382137 · Listing office: EG Realty

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.