Selected for the Terner Labs Housing Venture Lab

865 Peavy Road, Dallas, TX 75218

Active
Listed 43 days ago
Owner-Occupant Eligible
$599,000

About $3,275 a month to live here, after the rent from the other home.

House + ADU1,450 sqft3 beds3 bathsListed Sep 30, 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

$3,275a 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 $4,191 monthly payment.

Income to qualify: about $107,000 a year

With how much down?

At 20% down ($119,800) 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 $78,000 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.

$17,970 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to a fully renovated masterpiece near White Rock Lake — 3 bed, 2.5 bath, about 1,450 sq ft with an open floor plan, newly built backyard deck, and NO HOA. Standout feature: a jumbo 20x25 detached garage plus a newly installed extended driveway that leads straight to it. Ideal for a workshop, storage, or easy conversion to a mother-in-law suite or Airbnb (buyer to verify local rules). All interior doors, all exterior doors, and all windows have been replaced. Both full baths include smart toilets with motion sensors and built-in bidets, heated towel racks, LED mirrors, and Taj Mahal quartzite. The kitchen features Taj Mahal quartzite counters and backsplash, a pot filler, new cabinets, and appliances including washer, dryer, and refrigerator with ice maker. Also newly installed: roof, HVAC and ducts, water heater, PEX water lines, drain lines and cleanout, electrical panel, outlets and switches, updated insulation, waterproof scratch-resistant LVP and premium tile, paint inside and out, sprinkler system, sod, wood fence, gravel, garage door openers, and more. Move in, decorate, and start living your best life.

House + ADU

Property Type

8,102 sqft

Lot Size

1954

Year Built

Listing Date: 09/30/2026

Listed by: Jonathan Purgason

Listing office: Skyline Realty

Source: NTREIS #21399974

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%
$599,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$599,000
Your Down Payment$119,800
Financed$479,200
Estimated Monthly Payment$4,191

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 ($119,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,191/month
Principal + Interest
$2,873
Property Taxes
$1,019
Home Insurance
$299
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$222
Cost to live here
$3,275/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# 21399974 · Listing office: Skyline 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.