Selected for the Terner Labs Housing Venture Lab

1303 Airline Drive, Grapevine, TX 76051

Active
Listed 7 days ago
Owner-Occupant Eligible
$625,000

About $3,310 a month to live here, after the rent from the other home.

House + ADU1,926 sqft3 beds2 bathsListed Nov 5, 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

$3,310a month

The second home on the lot rents for $1,246. We hold back $206 of that for repairs and an empty month, and the rest goes toward a $4,350 monthly payment.

Income to qualify: about $110,000 a year

With how much down?

At 20% down ($125,000) 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 $82,000 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.

$18,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Live in a move-in ready single-story home within walking distance of Historic Grapevine’s Main Street shopping and dining, and let the property help pay the mortgage. This 3-bedroom, 2-bath home on a corner lot in Grapevine-Colleyville ISD offers two income-producing opportunities while you live there: a full-hookup RV pad with water, sewer, and electric, and a fully updated guest house in the backyard, both currently rented. Prefer to keep them for yourself? The guest house works just as well as a home office, studio, or space for visiting guests, and the RV pad is ready for your own adventures. Inside, an open floorplan, updated flooring, and fresh paint throughout set a clean, bright tone. Gather around the gas fireplace on cooler evenings, and enjoy cooking in the updated kitchen. A spacious second living area offers room to spread out for movie nights, a game room, or a hobby space. The primary suite is a true retreat with an updated bath featuring a jetted tub and walk-in shower. Outside, practice your short game on the backyard putting green. Two carport spaces and no HOA round out the list. Spend evenings on Main Street for dinner, festivals, and local shops, with parks and major highways close by. Minutes from DFW International Airport. Buyer to verify all income and use.

House + ADU

Property Type

9,801 sqft

Lot Size

1997

Year Built

Listing Date: 11/05/2026

Listed by: Alisha Rosse

Listing office: Real Broker, LLC

Source: NTREIS #21426324

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%
$625,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$625,000
Your Down Payment$125,000
Financed$500,000
Estimated Monthly Payment$4,350

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 ($125,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$4,350/month
Principal + Interest
$2,998
Property Taxes
$1,021
Home Insurance
$331
Rental Income (1 Unit)
$1,246/month

From market rates for this unit's size.

Rental Expenses
-$206
Cost to live here
$3,310/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# 21426324 · Listing office: Real Broker, LLC

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.