Selected for the Terner Labs Housing Venture Lab

920 Shady Ln, Austin, TX 78702

Active
Listed 90 days ago
Owner-Occupant Eligible
$750,000

About $3,089 a month to live here, after the rent from the other home.

Duplex2,774 sqft6 bedsListed Aug 14, 2026

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

Live here for about

$3,089a month

The other home rents for $2,450. We hold back $478 of that for repairs and an empty month, and the rest goes toward a $5,061 monthly payment.

Income to qualify: about $119,000 a year

With how much down?

At 20% down ($150,000) 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 $103,000 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.

$26,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Prime Govalle Mixed-Use / Commercial Redevelopment Opportunity with Prime High-Yield Potential! Positioned directly in the path of East Austin's explosive growth, 920 Shady Lane presents an exceptional adaptive reuse or ground-up commercial redevelopment opportunity in the heart of the Govalle neighborhood. Strategically located steps from the Airport Boulevard Core Transit Corridor, this prime land has highly desirable level topography, excellent street visibility, and direct, easy access to major transit veins heading North, South, and straight into Downtown Austin. The deep lot currently houses two existing structures (a 4-bedroom main home and a 2-bedroom rear unit) along with a large workshop and two existing utility hookups, offering immediate holding-income potential or flexibility during the entitlement and permitting phase. Surrounded by rapid high-density office, residential, and retail transformation, the location benefits from continuous foot and vehicle traffic, anchored by local staples like Dan's Hamburgers directly across the street and major adaptive reuse hubs like Hi Sign Brewing down the block. Whether you're looking to scrape and build a sleek new commercial footprint, execute a high-density boutique development, or capitalize on East Austin’s premier corridor momentum, this site delivers the location, scale, and access to execute your vision.

Duplex

Property Type

31,294 sqft

Lot Size

1937

Year Built

Listing Date: 08/14/2026

Listed by: Monica Poss

Listing office: Allure Real Estate

Contact: (512) 775-0974

Source: Unlock MLS #ACT4640826

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%
$750,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$750,000
Your Down Payment$150,000
Financed$600,000
Estimated Monthly Payment$5,061

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 ($150,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,061/month
Principal + Interest
$3,444
Property Taxes
$1,117
Home Insurance
$500
Rental Income (1 Unit)
$2,450/month

From the listing description.

Rental Expenses
-$478
Cost to live here
$3,089/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# ACT4640826 · Listing office: Allure 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.