Selected for the Terner Labs Housing Venture Lab

101 Bowie St, Martindale, TX 78655

Active
Listed 132 days ago
Owner-Occupant Eligible
$319,000

About $1,329 a month to live here, after the rent from the other home.

House + ADU2,296 sqft3 beds2 bathsListed Jul 3, 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

$1,329a month

The second home on the lot rents for $1,138. We hold back $222 of that for repairs and an empty month, and the rest goes toward a $2,245 monthly payment.

Income to qualify: about $52,000 a year

With how much down?

At 20% down ($63,800) 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 $42,000 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.

$9,570 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Price improved! — Opportunity knocks in the heart of Martindale: this charming shotgun-style home sits on a .55-acre corner lot shaded by some of the most impressive mature pecans and oaks in town, just a short walk to the banks of the beautiful San Marcos River. Original hardwood floors, tall ceilings, crown molding, and a knotty pine-paneled flex room give this 1950s home character you can't replicate. Wide covered front porch, spacious living area, generous bedrooms, and a kitchen with vintage tile counters and abundant cabinetry. Detached garage includes a plumbed garage apartment — ideal for a workshop, guest quarters, or future income potential. Now priced well below what the lot alone would command, this is a rare chance to bring your vision to one of Martindale's best lots. Whether you restore, expand, or reimagine, this is the kind of property — and price — that doesn't come along often. Sold as-is; seller is motivated and open to all reasonable offers. Come see the trees, feel the porch breeze, and make your move.

House + ADU

Property Type

24,045 sqft

Lot Size

1945

Year Built

Listing Date: 07/03/2026

Listed by: Nick Stiler

Listing office: All City Real Estate Ltd. Co

Contact: (512) 787-3869

Source: Unlock MLS #ACT9730735

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%
$319,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$319,000
Your Down Payment$63,800
Financed$255,200
Estimated Monthly Payment$2,245

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 ($63,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,245/month
Principal + Interest
$1,530
Property Taxes
$301
Home Insurance
$414
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$222
Cost to live here
$1,329/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# ACT9730735 · Listing office: All City Real Estate Ltd. Co

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.