Selected for the Terner Labs Housing Venture Lab

2757 Lancer Road, Greenville, TX 75401

Active
Listed 42 days ago
Owner-Occupant Eligible
$399,900

About $1,574 a month to live here, after the rent from the other home.

House + ADU4,196 sqft4 beds3 bathsListed Oct 1, 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

$1,574a month

The second home on the lot rents for $2,000. We hold back $360 of that for repairs and an empty month, and the rest goes toward a $3,214 monthly payment.

Income to qualify: about $72,000 a year

With how much down?

At 20% down ($79,980) 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 $52,000 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.

$11,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

This one-of-a-kind country property offers the space and flexibility to create something truly special. Tucked away among mature trees on just over 8 acres, the property feels private and peaceful while providing easy access to I30 for commuting and everyday conveniences. At the heart of the property is an approx 3,500sqftt main residence currently undergoing renovation, giving the next owner an opportunity to finish the home to their own vision. The current layout features 2 bedrooms and 2 full baths, with an oversized primary closet that offers the potential to be converted back to create a 3rd bedroom. The expansive great room features a cathedral ceiling, wood-burning stove, and a striking wall of iron doors opening to the deck. The open kitchen is positioned in the great room with gas connection for the range and a large pantry. Across the back of the home, a spacious sunroom overlooks the in-ground gunite pool, creating even more possibilities for indoor-outdoor living.. A separate 1,350-square-foot guest house provides immediate livable space and offers an ideal setup for multigenerational living, an in-law suite, private guest quarters, or potential rental income. It features 2 bedrooms, 1 bath, laundry room, an open and spacious kitchen and living area with fireplace, SS appliances, quartz countertops, and a beautiful wall of doors overlooking the property. Updated bath includes dual sinks and a walk-in shower, and the home is designed with handicap accessibility throughout. The property includes a 30'’x40’ barn, approx 1,650sqft dog kennel with water and electricity available, chicken coop, and a former garage currently utilized for storage. A picturesque pond stocked with bass, catfish, and perch completes the setting. Whether your vision includes a private country retreat, multigenerational compound, hobby farm, rental income, or simply acreage with room to make it your own.

House + ADU

Property Type

351,094 sqft

Lot Size

1975

Year Built

Listing Date: 10/01/2026

Listed by: Heather Barker

Listing office: JPAR - Rockwall

Source: NTREIS #21401252

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%
$399,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$399,900
Your Down Payment$79,980
Financed$319,920
Estimated Monthly Payment$3,214

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 ($79,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,214/month
Principal + Interest
$1,918
Property Taxes
$504
Home Insurance
$792
Rental Income (1 Unit)
$2,000/month

From the listing description.

Rental Expenses
-$360
Cost to live here
$1,574/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# 21401252 · Listing office: JPAR - Rockwall

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.