Selected for the Terner Labs Housing Venture Lab

151 Fm 27 W, Fairfield, TX 75840

Active
Listed 22 days ago
Owner-Occupant Eligible
$799,000

About $3,667 a month to live here, after the rent from the other home.

House + ADU3,861 sqft4 beds4 bathsListed Oct 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

$3,667a month

The second home on the lot rents for $1,756. We hold back $290 of that for repairs and an empty month, and the rest goes toward a $5,133 monthly payment.

Income to qualify: about $127,000 a year

With how much down?

At 20% down ($159,800) 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 $104,000 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.

$23,970 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

GENERAL DESCRIPTION: Experience the charm of farmhouse living with modern updates on this beautiful property. Recently remodeled, this 3-bedroom, 2.1-bath home blends classic farmhouse character with refreshed interiors, all-new appliances, and new HVAC systems for added comfort and peace of mind. The in-ground pool had new coping, plastering and tiling installed in 2025 giving it a brand new feel. The property offers more than just a welcoming main residence. A secondary apartment featuring a bedroom, a full bathroom and kitchenette providing excellent flexibility for guests, extended family, or a private living space. A spacious 2,000-square-foot metal barn with three garage doors that offers abundant room for equipment, storage, hobbies, or agricultural use. There is also a wood workshop, a chicken coop, garden and storage shed. With 4.15 acres to enjoy, this property delivers the space and versatility to embrace country living while accommodating a variety of needs. Whether you're looking for a move-in-ready farmhouse, room for your animals and equipment, or additional living quarters for family and guests, this property offers a unique combination of modern convenience, functionality, and rural charm. WATER: There is one pond on the property. The pond is at the low point of the property and stays full year around. UTILITIES: City of Fairfield provides water to property and constellation provides electricity. There is an aerobic septic system that was rewired and repiped in 2025. VEGETATION: The sellers currently have a garden and fruit trees on the property that the new buyer would be able to take advantage of.

House + ADU

Property Type

180,774 sqft

Lot Size

1996

Year Built

Listing Date: 10/21/2026

Listed by: Daniel Dye

Listing office: Keller Williams Realty

Source: NTREIS #21417855

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%
$799,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$799,000
Your Down Payment$159,800
Financed$639,200
Estimated Monthly Payment$5,133

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 ($159,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,133/month
Principal + Interest
$3,832
Property Taxes
$721
Home Insurance
$580
Rental Income (1 Unit)
$1,756/month

From the listing description.

Rental Expenses
-$290
Cost to live here
$3,667/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# 21417855 · Listing office: Keller Williams 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.