About $3,389 a month to live here, after the rent from the other home.
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
The second home on the lot rents for $1,328. We hold back $259 of that for repairs and an empty month, and the rest goes toward a $4,458 monthly payment.
Income to qualify: about $112,000 a year
With how much down?
At 20% down ($137,980) 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 $90,000 of it. See the ten-year math
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.
$20,697 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
Nestled in one of Lake Austin's most desirable neighborhoods, this thoughtfully updated property offers a rare combination of flexible living space, modern finishes, and direct access to the outdoor lifestyle that makes this area so special. Currently operating as a successful Airbnb, the home is equally suited as a primary residence, weekend retreat, or turnkey short-term rental. For buyers interested in continuing the business, most furnishings are available to convey. The property features a two-bedroom, one-bath main home along with a guest apartment attached to the two-car garage. Complete with an additional bedroom, living area, partial kitchen, and half bath, the guest space offers exceptional flexibility for visitors, multigenerational living, a home office, or continued short-term rental use. Thoughtfully equipped with a full-size sink, dishwasher, and ample cabinetry, it functions comfortably for extended stays. Inside the main home, you'll find an open, inviting layout with durable laminate flooring throughout—no carpet—along with striking waterfall-edge granite countertops, an updated bathroom, and abundant natural light. Step outside and enjoy one of the property's most unique features: the backyard backs directly to Fritz Hughes Park, offering easy access to green space and the shores of Lake Austin just beyond. A voluntary neighborhood membership provides access to the community boat ramp, making it easy to spend your days boating, paddleboarding, kayaking, or fishing on the lake. Whether you're looking for a home that embraces the Lake Austin lifestyle or a fully furnished property with an established short-term rental history, this one offers exceptional flexibility in an unbeatable location just minutes from local marinas, waterfront dining, and everything that makes Austin's lake area so desirable.
House + ADU
Property Type
9,148 sqft
Lot Size
1950
Year Built
Listing Date: 07/06/2026
Listed by: Erika Albert
Listing office: E-Rae Realty
Contact: (512) 779-7597
Source: Unlock MLS #ACT3855046
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
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.
Change your offer and watch the monthly cost move.
Purchase Price
List Price
How much do you want to put down?
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.
Estimate at 20% down ($137,980) and 6.0%, 30-year fixed. Your rate and down payment change this.
From the listing description.
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
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.
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MLS# ACT3855046 · Listing office: E-Rae 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.
At 20% down, 30-year fixed. From 3.5% down.
At 20% down, 30-year fixed. From 3.5% down.
At 20% down, 30-year fixed. From 3.5% down.
At 20% down, 30-year fixed. From 3.5% down.