Selected for the Terner Labs Housing Venture Lab

660 Alexandrite Drive, Oak Point, TX 75068

Active
Listed 114 days ago
Owner-Occupant Eligible
$950,000

About $5,731 a month to live here, after the rent from the other home.

House + ADU3,903 sqft4 beds4 bathsListed Jul 21, 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

$5,731a month

The second home on the lot rents for $1,138. We hold back $188 of that for repairs and an empty month, and the rest goes toward a $6,681 monthly payment.

Income to qualify: about $176,000 a year

With how much down?

At 20% down ($190,000) 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 $124,000 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.

$28,500 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 this one of a kind Colonial estate tucked away on 2 private acres in the exclusive Emerald Sound community, offering a peaceful, serene setting surrounded by mature trees. From the moment you arrive through the gated entrance, you’ll appreciate the charm and timeless architecture, complete with a balcony showcasing beautiful views! This home is filled with warmth and character, featuring wood floors throughout the downstairs, wood stairs, and three fireplaces that create inviting spaces to relax and entertain. Pocket doors and lots of built in book shelves in the living room add to the thoughtful design, while the open and functional layout is ideal for both everyday living and hosting. The recently remodeled kitchen is a true showpiece, designed for both beauty and function. It features a huge island, breakfast bar, additional dining area, a wall of custom cabinetry for abundant storage, a 6-burner gas cooktop, pot filler, double ovens. The spacious primary retreat offers a relaxing escape with a beautifully updated bathroom and a huge shower and vanity area. Step outside to enjoy your private backyard oasis with a swimming pool, surrounded by trees, perfect for quiet evenings or entertaining guests. One of the most unique features of this property is the separate living quarters. The additional space includes a full kitchen, laundry room, full bath, and bedroom (currently used as an office), along with a 2-car garage that has been converted into a climate-controlled workout room. This flexible space is ideal for guest quarters, mother-in-law suite, home office, or a work shop. Includes a 4-car garage and emergency generator, offering both comfort and peace of mind. This is a rare opportunity to own a truly special property with acreage, character, and unmatched versatility, all in a prime location near the lake, boating, and outdoor recreation. Located near Lake Lewisville and the Dallas Corinthian Yacht Club

House + ADU

Property Type

87,120 sqft

Lot Size

2005

Year Built

Listing Date: 07/21/2026

Listed by: April Parker

Listing office: RE/MAX Trinity

Source: NTREIS #21398056

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%
$950,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$950,000
Your Down Payment$190,000
Financed$760,000
Estimated Monthly Payment$6,681

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 ($190,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$6,681/month
Principal + Interest
$4,557
Property Taxes
$1,435
Home Insurance
$670
HOA$19
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$188
Cost to live here
$5,731/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# 21398056 · Listing office: RE/MAX Trinity

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.