Selected for the Terner Labs Housing Venture Lab

364 Nameless Rd, Driftwood, TX 78619

Active
Listed 168 days ago
Owner-Occupant Eligible
$1,250,000

About $7,376 a month to live here, after the rent from the other home.

House + ADU3,518 sqft3 beds4 bathsListed May 28, 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

$7,376a month

The second home on the lot rents for $1,275. We hold back $210 of that for repairs and an empty month, and the rest goes toward a $8,441 monthly payment.

Income to qualify: about $224,000 a year

With how much down?

At 20% down ($250,000) 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 $163,000 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.

$37,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Enjoy the best of the Texas Hill Country with this charming 15-acre, fully fenced and cross-fenced property, ideally located between Wimberley, Kyle, and Austin. With an agricultural exemption already in place, the property offers an excellent opportunity for those looking for land, privacy, and the ability to keep livestock. The farmhouse-style home features approximately 2,798 square feet with timeless character and a comfortable, functional layout. The main living and dining areas are thoughtfully designed around matching fireplaces, creating a warm and inviting focal point. Beautiful hardwood floors add to the classic farmhouse appeal, while the country- style kitchen includes a cozy breakfast area. The spacious primary suite is conveniently located on the first floor at the back of the home, along with a sunroom/family room, laundry room, and half bath. Upstairs are two additional bedrooms and two full bathrooms, providing plenty of room for family and guests. A detached three-car garage adds substantial storage and workspace. Above the garage is a 720-square-foot full apartment, offering an ideal space for extended family, guests, a home office, or potential rental income. The acreage is fully fenced and cross-fenced, making it well suited for horses, cattle, donkeys, or other livestock. Whether you’re looking for a small ranch, a country homestead, or simply room to spread out while remaining within reach of Austin, this property offers a rare combination of usable acreage, agricultural exemption, farmhouse charm, and flexibility. Main Home: 2,798 SF | Guest Apartment: 720 SF | Land: 15 Acres | Ag Exempt | Detached 3-Car Garage

House + ADU

Property Type

656,319 sqft

Lot Size

1995

Year Built

Listing Date: 05/28/2026

Listed by: Kim Cabler

Listing office: Hills Of Texas Sky Realty

Contact: (512) 695-8363

Source: Unlock MLS #ACT8541611

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%
$1,250,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,250,000
Your Down Payment$250,000
Financed$1,000,000
Estimated Monthly Payment$8,441

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 ($250,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$8,441/month
Principal + Interest
$5,996
Property Taxes
$1,917
Home Insurance
$528
Rental Income (1 Unit)
$1,275/month

From the listing description.

Rental Expenses
-$210
Cost to live here
$7,376/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# ACT8541611 · Listing office: Hills Of Texas Sky Realty

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.