Active
2 units4 bd3 ba2,184 sqft
Cost to live here
$3,494/moafter $1,028/mo in rent
Income to qualify: about $112,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$650,000•House + ADU
157 Lorne Rd, Canyon Lake, TX 78133
1215 Amanda Dr, Canyon Lake, TX 78133
Active
Listed 174 days agoOwner-Occupant Eligible
About $3,308 a month to live here, after the rent from the other home.
House + ADU3,098 sqft4 beds3 bathsListed May 22, 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
$3,308a month
The second home on the lot rents for $857. We hold back $154 of that for repairs and an empty month, and the rest goes toward a $4,011 monthly payment.
Income to qualify: about $104,000 a year
With how much down?
At 20% down ($114,800) 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 $75,000 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.
$17,220 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Discover the perfect blend of comfort, flexibility, and lake living in this beautifully updated 4-bedroom, 3-bath home situated on two spacious lots with lake views!! Thoughtfully remodeled throughout, this property offers exceptional space for full-time living, vacationing, or short-term rental investment opportunities. The heart of the home is the beautifully designed kitchen featuring a large island, elegant Italian marble and granite countertops, abundant cabinetry, and a walk-in pantry—ideal for entertaining and everyday living. Downstairs, a private guest apartment includes its own full kitchen and full bath, creating the perfect setup for guests, multi-generational living, or rental income potential. Step outside to enjoy the large backyard with plenty of room for entertaining, pets, or outdoor activities. The property spans street-to-street and includes a rear gated entrance with RV parking and 50-amp service for added convenience. Located in a sought-after neighborhood offering amenities including a community pool, tennis courts, lake access, boat ramp, and allowing short-term rentals, this property is a rare opportunity to enjoy lake life while maximizing versatility and investment potential.
House + ADU
Property Type
16,601 sqft
Lot Size
1977
Year Built
Listing Date: 05/22/2026
Listed by: Patti Gibson
Listing office: Gibson Properties
Contact: (512) 618-8716
Source: Unlock MLS #ACT8533192
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%
$574,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$574,000
Your Down Payment$114,800
Financed$459,200
Estimated Monthly Payment$4,011
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 ($114,800) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$4,011/month
Principal + Interest
$2,753Property Taxes
$744Home Insurance
$512HOA$2
Rental Income (1 Unit)
$857/month
From the listing description.
Rental Expenses
-$154Cost to live hereCost to live here, after rent
$3,308/month
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# ACT8533192 · Listing office: Gibson Properties
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.
