Selected for the Terner Labs Housing Venture Lab

1602 Mistletoe Lane, Pantego, TX 76013

Active
Listed yesterday
Owner-Occupant Eligible
$1,000,000

About $6,605 a month to live here, after the rent from the other home.

House + ADU4,459 sqft4 beds5 bathsListed Nov 12, 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

$6,605a month

The second home on the lot rents for $900. We hold back $162 of that for repairs and an empty month, and the rest goes toward a $7,343 monthly payment.

Income to qualify: about $197,000 a year

With how much down?

At 20% down ($200,000) 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 $131,000 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.

$30,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Over an acre in the heart of DFW, a fully equipped detached guest residence, and modern luxury with authentic Texas charm! Welcome to 1602 Mistletoe Lane, an extraordinary property tucked away in the charming town of Pantego, where space, privacy, and convenience come together. One of the property's most distinctive features is its separate guest residence, complete with a full kitchen, bedroom, and bathroom, offering exceptional flexibility for multigenerational living, extended guests, or a private retreat. The main residence beautifully blends modern sophistication with timeless Texas character, showcasing a stunning custom kitchen featuring a commercial-grade range, an extensively renovated butler's pantry, updated flooring, and thoughtfully designed living spaces. Additional interior highlights include a refreshed private office and custom built-in bunk beds. Beyond the interior, discover your own resort-inspired oasis featuring a sparkling swimming pool with an updated saltwater system, sauna, outdoor shower, and expansive grounds perfect for entertaining or simply enjoying the privacy of your surroundings. The property also boasts an impressive collection of improvements, including solar panels with battery storage, a tankless water heater, re-engineered HVAC distribution, updated fencing, fresh sod, and an electric gate. Both garages feature updated flooring and paint, along with two EV charger-compatible outlets. A chicken coop and storage shed add functionality and a touch of Texas charm. Ideally positioned near Arlington's premier shopping, dining, entertainment, and major highways, this exceptional property offers the rare combination of acreage, independent guest accommodations, extensive upgrades, and modern amenities in a highly convenient location. Opportunities to enjoy this level of space, versatility, and character in the heart of the Metroplex are few and far between.

House + ADU

Property Type

45,172 sqft

Lot Size

1983

Year Built

Listing Date: 11/12/2026

Listed by: Luke Wiler

Listing office: Compass RE Texas, LLC.

Source: NTREIS #21431460

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%
$1,000,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,000,000
Your Down Payment$200,000
Financed$800,000
Estimated Monthly Payment$7,343

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 ($200,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$7,343/month
Principal + Interest
$4,796
Property Taxes
$1,705
Home Insurance
$842
Rental Income (1 Unit)
$900/month

From market rates for this unit's size.

Rental Expenses
-$162
Cost to live here
$6,605/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# 21431460 · Listing office: Compass RE Texas, 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.