Selected for the Terner Labs Housing Venture Lab

194 CR 2220, Talco, TX 75487

Active
Listed 63 days ago
Owner-Occupant Eligible
$499,900

About $3,220 a month to live here, after the rent from the other home.

House + ADU8,104 sqft8 beds5 bathsListed Sep 10, 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

$3,220a month

The second home on the lot rents for $1,138. We hold back $171 of that for repairs and an empty month, and the rest goes toward a $4,187 monthly payment.

Income to qualify: about $107,000 a year

With how much down?

At 20% down ($99,980) 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 $65,000 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.

$14,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Motivated Seller Bring all offers This home has so much potential, the right person could turn this into a showplace Fenced, apond, granite throughout, custom cabinetry, workshop, 3 bay garage plus some and the best part is it is basically two homesin one! A total of 8 bedrooms, 5 bathrooms make up the span of this property. A few of the bedrooms are over the garage witha kitchenette, plus as part of the make up of the bedroom mix, there is a secondary primary suite, a mother in law suite, ormulti generational living quarters, call it what you want! It has its own entry from inside the garage and a huge closet with largewalk in shower. This is a highly functioning home with spaces for all! Not to mention the front area and back area haveexpansive covered porches. So lets think on this another way, what if the new buyer purchased the home and had permissionfrom the city to turn this into a commercial area and make this a fishing lodge, reunion area, rental as Airbnb, horse propertyfor riding lessons, rodeo arena or horse training with living quarters; should I keep going with ideas? What would you want it tobe? Can you picture in your mind the endless possibilities, I sure can! Call your favorite agent or call myself to set up anappointment for a tour!

House + ADU

Property Type

1,089,000 sqft

Lot Size

2019

Year Built

Listing Date: 09/10/2026

Listed by: Kelly Hale

Listing office: Texas Real Estate Executives

Source: NTREIS #21387955

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%
$499,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$499,900
Your Down Payment$99,980
Financed$399,920
Estimated Monthly Payment$4,187

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 ($99,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,187/month
Principal + Interest
$2,398
Property Taxes
$633
Home Insurance
$1,156
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$171
Cost to live here
$3,220/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# 21387955 · Listing office: Texas Real Estate Executives

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.