520 Liveoak Street, Meridian, TX 76665
About $159 a month to live here, after the rent from the other homes.
A triplex. Live in one home and rent out the other two. How it works
Live here for about
The other homes rent for $2,172. We hold back $358 of that for repairs and an empty month, and the rest goes toward a $1,973 monthly payment.
Income to qualify: about $36,000 a year
With how much down?
At 20% down ($51,000) 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 $33,000 of it. See the ten-year math
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.
$12,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
INVESTMENT OPPORTUNITY IN MERIDIAN, TEXAS! FULLY OCCUPIED TRIPLEX WITH IMMEDIATE RENTAL INCOME! Whether you're an experienced investor looking to expand your portfolio or purchasing your first income-producing property, this triplex offers an excellent opportunity to generate rental income from day one! Featuring three separate units with approximately 2,400 square feet of combined living space, the property includes one spacious 1,200-square-foot unit and two additional 600-square-foot units. All three units are currently occupied, offering established rental income with potential for future growth. Recent improvements include a metal roof installed approximately four years ago and a new central air conditioning system in the downstairs unit. Built in 1999 according to county tax records, this property offers the convenience of having tenants already in place. Located in Meridian, Texas, this property presents an opportunity to invest in a multi-unit rental property with existing occupancy and long-term income potential. Whether you're looking to diversify your investments, expand your rental portfolio, or begin building wealth through real estate, this property is worth a look. THREE UNITS, EXISTING TENANTS, AND INVESTMENT POTENTIAL! Don't miss this opportunity to own an income-producing property in Meridian!
Triplex
Property Type
8,276 sqft
Lot Size
1999
Year Built
Listing Date: 11/06/2026
Listed by: Carrie Millea
Listing office: White Label Realty
Source: NTREIS #21430626
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
List Price
FINANCIALS
How much do you want to put down?
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 ($51,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
From the listing description.
From the listing description.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
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.
MLS# 21430626 · Listing office: White Label 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.