Active
2 units2 bd2 ba2,232 sqft
Cost to live here
$1,764/moafter $1,138/mo in rent
Income to qualify: about $66,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$429,000•House + ADU
5833 Fm 1652, Grand Saline, TX 75140
1551 VZ County Road, Grand Saline, TX 75140
Active
Listed 57 days agoOwner-Occupant Eligible
About $7,846 a month to live here, after the rent from the other home.
House + ADU3,708 sqft4 beds3 bathsListed Sep 16, 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
$7,846a month
The second home on the lot rents for $1,687. We hold back $278 of that for repairs and an empty month, and the rest goes toward a $9,255 monthly payment.
Income to qualify: about $243,000 a year
With how much down?
At 20% down ($280,000) 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 $183,000 of it. See the ten-year math
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.
$42,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Escape to your own piece of East Texas with this lakefront property situated on approximately 28 beautiful ag-exempt acres inGrand Saline. The main house features 3 bedrooms and 2 bathrooms, while the apartment above the garage includes anadditional bedroom and bathroom, providing flexible space for guests, extended family, a private home office, or potentialrental income. Spend your days fishing, riding jet skis, paddleboarding, or simply relaxing by the water and taking in thepeaceful views. Beyond the lake, the acreage provides plenty of room for animals, recreation, and exploring the outdoors.Whether you are looking for a full-time residence, weekend getaway, or a place where family and friends can spend timetogether, this property offers a rare combination of lake life, gorgeous land with beautiful trees, and additional living space.Welcome to this one of kind property with THE most beautiful views!
House + ADU
Property Type
1,219,680 sqft
Lot Size
1996
Year Built
Listing Date: 09/16/2026
Listed by: Laura Hooker
Listing office: Leslie Cain Realty
Source: NTREIS #21388510
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%
$1,400,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$1,400,000
Your Down Payment$280,000
Financed$1,120,000
Estimated Monthly Payment$9,255
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 ($280,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$9,255/month
Principal + Interest
$6,715Property Taxes
$1,983Home Insurance
$557Rental Income (1 Unit)
$1,687/month
From the listing description.
Rental Expenses
-$278Cost to live hereCost to live here, after rent
$7,846/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
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.
MLS# 21388510 · Listing office: Leslie Cain 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.
