Selected for the Terner Labs Housing Venture Lab

1605 Pleasant Cv, Austin, TX 78754

Active
Listed 125 days ago
Owner-Occupant Eligible
$399,000

About $1,428 a month to live here, after the rent from the other home.

Duplex1,830 sqft4 beds3 bathsListed Jul 10, 2026

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

Live here for about

$1,428a month

The other home rents for $1,525. We hold back $275 of that for repairs and an empty month, and the rest goes toward a $2,678 monthly payment.

Income to qualify: about $61,000 a year

With how much down?

At 20% down ($79,800) 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 $55,000 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.

$13,965 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

xExcellent income-producing duplex with long-term tenants already in place, offering immediate, stable cash flow from day one. Both 2 bed, 1.5 bath units are leased through December 31, 2026, generating $3,050 per month in gross rental income. Each unit features approximately 915 square feet, private laundry, separate utility meters, and functional floor plans designed for lasting tenant appeal. Located on a quiet cul-de-sac with mature trees, this property offers convenient access to Hwy 183, Hwy 290, SH-130, Downtown Austin, Tesla Gigafactory, Samsung's expanding Taylor campus, Austin-Bergstrom International Airport, and numerous major employers. A turnkey investment opportunity for buyers seeking a stabilized asset with reliable income and minimal vacancy risk. Tenant occupied. Showings by appointment only. Please do not disturb tenants.

Duplex

Property Type

10,089 sqft

Lot Size

1983

Year Built

Listing Date: 07/10/2026

Listed by: Christina Mugno

Listing office: Spyglass Realty

Contact: (512) 786-5649

Source: Unlock MLS #ACT2358686

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%
$399,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$399,000
Your Down Payment$79,800
Financed$319,200
Estimated Monthly Payment$2,678

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 ($79,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,678/month
Principal + Interest
$1,832
Property Taxes
$544
Home Insurance
$302
Rental Income (1 Unit)
$1,525/month

From leases in place.

Rental Expenses
-$275
Cost to live here
$1,428/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# ACT2358686 · Listing office: Spyglass 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.