Selected for the Terner Labs Housing Venture Lab

13203 Kit Lane 13203-13205, Dallas, TX 75240

Active
Listed 50 days ago
Owner-Occupant Eligible
$550,000

About $2,423 a month to live here, after the rent from the other home.

Duplex1,500 sqft5 beds4 bathsListed Sep 23, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$2,423a month

The other home rents for $1,600. We hold back $288 of that for repairs and an empty month, and the rest goes toward a $3,735 monthly payment.

Income to qualify: about $90,000 a year

With how much down?

At 20% down ($110,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $76,000 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.

$19,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

13203 Kit is a 1 and 1 half story with a woodburning fireplace, and new wood flooring in the living room. The primary bedroom is downstairs with a walk-in closet and connecting bathroom. There are two additional bedrooms upstairs and a shared bath. The kitchen features SS appliances and Granite countertops. A long front porch and a 2 car detached garage. Current rent $1600 could be higher. Tenant M to M. 13205 Kit -Beautiful 2 bedroom 2 bath duplex with garage. Spacious rooms with classic Terracotta Saltillo tile flooring in living areas. Beautiful open kitchen, living-dining area divided by large counter height island perfect for bar stools, with solid granite countertops, glass tile back splash, tall cabinets, stainless steel appliances including refrigerator with ice maker and built in microwave. Ceiling fans, designer light fixtures, Includes full size washer, dryer area. Carport was converted to a fully enclosed garage with opener & storage. Open patio and large back yard. Current rent $1850 with new tenant. Room sizes not verified. All information is deemed to be accurate. It is the responsibility of the buyer to do their due diligence prior to making an offer.

Duplex

Property Type

16,553 sqft

Lot Size

1966

Year Built

Listing Date: 09/23/2026

Listed by: Diane Ledford

Listing office: Keller Williams Dallas Midtown

Source: NTREIS #21389387

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%
$550,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$550,000
Your Down Payment$110,000
Financed$440,000
Estimated Monthly Payment$3,735

Before rent: principal and interest at 5.6% 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 ($110,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,735/month
Principal + Interest
$2,526
Property Taxes
$926
Home Insurance
$283
Rental Income (1 Unit)
$1,600/month

From the listing description.

Rental Expenses
-$288
Cost to live here
$2,423/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# 21389387 · Listing office: Keller Williams Dallas Midtown

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.