Selected for the Terner Labs Housing Venture Lab

307/309 W 2nd Street, Lampasas, TX 76550

Active
Listed 155 days ago
Owner-Occupant Eligible
$274,900

About $570 a month to live here, after the rent from the other home.

Duplex1,760 sqft4 beds2 bathsListed Jun 10, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$570a month

The other home rents for $1,602. We hold back $288 of that for repairs and an empty month, and the rest goes toward a $1,884 monthly payment.

Income to qualify: about $38,000 a year

With how much down?

At 20% down ($54,980) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $38,000 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.

$9,622 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

This duplex is a money generating investment property located in the highly desirable westside of Lampasas TX. In a quiet area with easy access to everything. 0.4 miles to H.E.B. and walking distance to many restaurants, shops and coffee places. Each side is a 2/1 with 880 sqft of living area per unit. Fiber internet available. Washer and dryer hookups in each unit. Refrigerator stays with both units. New updates in and outside of property. Please call for more details.

Duplex

Property Type

1985

Year Built

Listing Date: 06/10/2026

Listed by: Gary Bisha

Listing office: My Castle Realty

Contact: 7136830054

Source: 616442

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%
$274,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$274,900
Your Down Payment$54,980
Financed$219,920
Estimated Monthly Payment$1,884

Before rent: principal and interest at 5.6% 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 ($54,980) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$1,884/month
Principal + Interest
$1,263
Property Taxes
$330
Home Insurance
$291
Rental Income (1 Unit)
$1,602/month

From the listing description.

Rental Expenses
-$288
Cost to live here
$570/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.