Selected for the Terner Labs Housing Venture Lab

5800 Churchill Avenue, Dallas, TX 75227

Active
Listed 56 days ago
Owner-Occupant Eligible
$305,000

About $1,168 a month to live here, after the rent from the other home.

House + ADU765 sqft2 beds1 bathsListed Sep 17, 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

$1,168a 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 $2,084 monthly payment.

Income to qualify: about $48,000 a year

With how much down?

At 20% down ($61,000) 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 $40,000 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.

$9,150 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

A 1-0 rate buydown is available through our preferred lender, lowering the buyer's interest rate for the first year of the loan. Pair that with two structures on one corner lot in Dallas, no HOA, and a garage apartment with accessory dwelling unit potential, and the numbers start to look very different. The front house is a 1942 cottage with original hardwood floors through most of the home, vinyl plank in the bathroom, and a metal roof about eight years old. The kitchen is the one room waiting on a renovation, so the next owner sets the finish level and the budget. Behind a tall metal privacy fence sits the second structure, a two story garage apartment. Downstairs is a three car side entry garage with its own bathroom. Upstairs has a full kitchen, a bathroom, a closet, and one large open living area ready to be divided into bedrooms. That roof was replaced about a year ago. A retired commercial freezer in the yard now works as an oversized storage shed. The layout lends itself to rental income potential, a live in one and rent the other setup, a workshop, a studio, or guest quarters. Both roofs are handled, the corner lot gives easy access to the back structure, there are three covered parking spaces, and the property runs on city water and sewer. Located in Pecan Heights in Southeast Dallas within Dallas ISD, with Silberstein Elementary, Ann Richards Middle, and Skyline High School. Interstate 30 and Loop 12 are close, and downtown Dallas is a short drive west. Sold as is and priced to reflect the kitchen and finish work ahead. Buyer to verify square footage of the rear structure and all permitted uses with the City of Dallas. A Dallas corner lot with a second structure, ADU potential, no HOA, and a lower first year rate is a rare starting point at this price.

House + ADU

Property Type

6,142 sqft

Lot Size

1942

Year Built

Listing Date: 09/17/2026

Listed by: Christina Money

Listing office: The Platinum Group RE, LLC

Source: NTREIS #21387011

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%
$305,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$305,000
Your Down Payment$61,000
Financed$244,000
Estimated Monthly Payment$2,084

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 ($61,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,084/month
Principal + Interest
$1,463
Property Taxes
$463
Home Insurance
$158
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$222
Cost to live here
$1,168/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# 21387011 · Listing office: The Platinum Group RE, 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.