Active
2 units3 bd2 ba2,428 sqft
Cost to live here
$3,083/moafter $1,099/mo in rent
Income to qualify: about $101,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$550,000•House + ADU
1627 Rockport Road, Sherman, TX 75092
2325 N Lockhart Street, Sherman, TX 75092
Active
Listed 55 days agoOwner-Occupant Eligible
About $1,306 a month to live here, after the rent from the other home.
House + ADU1,404 sqft3 beds3 bathsListed Sep 18, 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
$1,306a month
The second home on the lot rents for $824. We hold back $161 of that for repairs and an empty month, and the rest goes toward a $1,969 monthly payment.
Income to qualify: about $48,000 a year
With how much down?
At 20% down ($55,000) 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 $36,000 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.
$8,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Two for the price of one! FULL GUEST UNIT provides an additional 350 sq ft! You CAN have it all... a home that feels and lives like a much newer build, with the character and charm unique to this established neighborhood. QUALITY, comprehensive remodel in 2021 including all new windows plus new roof in 2023. Standout kitchen features gas stove with stainless vent hood, two toned faucet, quartz countertops, crisp white cabinetry, microwave, wine fridge, and an included French door refrigerator. Luxury vinyl plank and designer tile flow throughout...NO carpet! Main home offers 3 bedrooms and 2 bathrooms, PLUS an additional 4th room and 3rd FULL bath in the guest unit. This bonus living space is finished on par with the main home and features washer dryer hookups, making it perfect for guests, multigenerational living, home office, man cave, she shed, art studio, workshop, or as a teen retreat. The spacious backyard offers a large deck plus PLENTY of grassy space for playsets, gardening, or furry friends. Your new home comes with a full PRE-INSPECTION for total transparency and peace of mind. Just a short stroll to the NEW Fairview Elementary! Come experience the best of both worlds...THIS is the standout home you've been waiting for!
House + ADU
Property Type
7,275 sqft
Lot Size
1963
Year Built
Listing Date: 09/18/2026
Listed by: Rachel Wester
Listing office: Acquisto Real Estate
Source: NTREIS #21327999
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%
$275,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$275,000
Your Down Payment$55,000
Financed$220,000
Estimated Monthly Payment$1,969
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 ($55,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$1,969/month
Principal + Interest
$1,319Property Taxes
$385Home Insurance
$265Rental Income (1 Unit)
$824/month
From the listing description.
Rental Expenses
-$161Cost to live hereCost to live here, after rent
$1,306/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# 21327999 · Listing office: Acquisto 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.
