Selected for the Terner Labs Housing Venture Lab

180 E Greer Road, Sadler, TX 76264

Active
Listed 164 days ago
Owner-Occupant Eligible
$1,275,000

About $6,991 a month to live here, after the rent from the other home.

Duplex3,057 sqft3 beds3 bathsListed Jun 1, 2026

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

Live here for about

$6,991a month

The other home rents for $1,820. We hold back $273 of that for repairs and an empty month, and the rest goes toward a $8,538 monthly payment.

Income to qualify: about $222,000 a year

With how much down?

At 20% down ($255,000) 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 $176,000 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.

$44,625 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Great location offering multiple recreation opportunities for the entire family to enjoy. This equestrian property features a luxurious 2-bedroom, 2-bath home joined together with an additional luxury home with 1-bedroom, 1-bath and its own kitchen and living room. Can be all one house or separated by a locked door. Each dwelling has its own front entrance. Bring your folks, adult kids, guests or rent it out. 60 minutes from Dallas Ft. Worth Airport. 3 miles from Lake Texoma Cedar Mills Marina with restaurant, bar, boat slips, air strip. 2 miles from Rock Creek Country Club - a Jack Nicolas Golf Course. Work from home with no restrictions or HOA’s. The 11-acre tract with a security gate is a perfect blend of pasture and evergreen woods. Home appears to float on the 1-acre pond, 22-feet deep stocked with bass and crappie with a waterfall and is surrounded by mature, soaring evergreen trees for complete year-round privacy not visible from the road. Built in 2021, no expenses spared. Property and improvements exceeded $2 million. Appraised in 2024 for $1,731,000. 20-foot ceilings, Quartzite Countertops. High End Appliances. Gas Fireplace. Use the raised area in the great room as a music or Karaoke stage or use for dining. Large automatic entry gate. Property is completely safety fenced (2X4 non-climb) to keep dogs and horses in. Long, meandering private road through the trees to the home. Professionally landscaped including a full-size swing set for grownups and children alike overlooking the pond. A second deck with lighted arch and flowering vines for ceremonies and portraits. Connected covered 3-Car parking plus 2 guest spaces. Equestrian horse facilities include barn #1 with 4 horse stalls plus 4 storage units while barn #2 has 3 stalls. All horse stalls can be converted to multi-purpose use or storage units. Ride your horses in the 50-ft round pen and 120’ X 76’ arena. SEE MORE IN PRIVATE REMARKS…

Duplex

Property Type

479,639 sqft

Lot Size

2021

Year Built

Listing Date: 06/01/2026

Listed by: Brian Smith

Listing office: Dave Perry Miller Real Estate

Source: NTREIS #21390210

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%
$1,275,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,275,000
Your Down Payment$255,000
Financed$1,020,000
Estimated Monthly Payment$8,538

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 ($255,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$8,538/month
Principal + Interest
$5,856
Property Taxes
$2,210
Home Insurance
$472
Rental Income (1 Unit)
$1,820/month

From the listing description.

Rental Expenses
-$273
Cost to live here
$6,991/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# 21390210 · Listing office: Dave Perry Miller 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.