Selected for the Terner Labs Housing Venture Lab

272 Canyon Loop, Cedar Creek, TX 78612

Active
Listed 146 days ago
Owner-Occupant Eligible
$474,895

About $2,489 a month to live here, after the rent from the other home.

House + ADU1,905 sqft3 beds2 bathsListed Jun 19, 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

$2,489a month

The second home on the lot rents for $807. We hold back $121 of that for repairs and an empty month, and the rest goes toward a $3,175 monthly payment.

Income to qualify: about $80,000 a year

With how much down?

At 20% down ($94,979) 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 $62,000 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.

$14,247 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to Della Oasis, a thoughtfully designed community in Cedar Creek, Texas where peaceful country living meets the convenience of one of the fastest-growing metropolitan areas in the United States. Nestled among mature trees and natural landscapes just outside Austin, Della Oasis offers a rare opportunity to build your dream home on spacious acreage lots while enjoying privacy, nature, and a strong sense of community. We have an incredible give back to the people living and working in this area. We are building a custom built, main residence with a 3/2 with an attached carport plus a detached 1/1.5 matching guest house that can be rented. Owners also are able to participate in a bank grant for 3.3% of your down payment. With little money down and FHA rates, we believe this is the best opportunity to promote homeownership at a discount to the new homeowner. If you have not bought or sold a home in the last 3 years, you qualify for this program. Call for more details. We will have 5-10 homes building to a late fall completion for those interested. All exterior material is matching steel/metal construction to help with termites. All of this with minimum 2 gig internet service available for Della Oasis homeowners. AGENTS- Imagine your client has $1,400/month additional income/purchase power on this investment. Show your clients shopping in the $300's. We have up to 25 homeowners who can benefit form the granted down payment. However, we have lots of lending options for your clients and are happy to help them find the best fit.

House + ADU

Property Type

21,780 sqft

Lot Size

2026

Year Built

Listing Date: 06/19/2026

Listed by: Jake Gibson

Listing office: Direct Effect Real Estate

Contact: (512) 965-8965

Source: Unlock MLS #ACT1167792

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%
$474,895

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$474,895
Your Down Payment$94,979
Financed$379,916
Estimated Monthly Payment$3,175

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 ($94,979) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,175/month
Principal + Interest
$2,278
Property Taxes
$606
Home Insurance
$258
HOA$33
Rental Income (1 Unit)
$807/month

From the listing description.

Rental Expenses
-$121
Cost to live here
$2,489/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.

Unlock MLS logo

MLS# ACT1167792 · Listing office: Direct Effect Real Estate

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.