Selected for the Terner Labs Housing Venture Lab

625 Luther Dr, Georgetown, TX 78628

Active
Listed 62 days ago
Owner-Occupant Eligible
$380,000

About $1,126 a month to live here, after the rent from the other home.

Duplex2,050 sqft6 beds4 bathsListed Sep 11, 2026

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

Live here for about

$1,126a month

The other home rents for $1,623. We hold back $268 of that for repairs and an empty month, and the rest goes toward a $2,481 monthly payment.

Income to qualify: about $55,000 a year

With how much down?

At 20% down ($76,000) 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 $52,000 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.

$13,300 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Income producing duplex opportunity in Georgetown! This single story property offers two 3 bedroom, 2 bathroom units with 2,050 total square feet. Both units are currently tenant occupied and generate a combined $3,245 in monthly rent. One tenant is month to month, providing future flexibility, while the second lease runs through May 2027. Each unit features tile flooring, central electric heating and air conditioning, in unit laundry, a fenced backyard, and a kitchen equipped with a dishwasher, microwave, oven, and refrigerator. The four sided masonry exterior adds lasting appeal and low maintenance convenience. Located in an established Georgetown neighborhood with easy access to shopping, dining, major roadways, and Georgetown ISD schools, this property is a strong option for investors looking to expand their rental portfolio.

Duplex

Property Type

8,799 sqft

Lot Size

1995

Year Built

Listing Date: 09/11/2026

Listed by: Dylan Jankovich

Listing office: Real Broker, LLC

Contact: (512) 803-7226

Source: Unlock MLS #ACT4325261

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%
$380,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$380,000
Your Down Payment$76,000
Financed$304,000
Estimated Monthly Payment$2,481

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 ($76,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,481/month
Principal + Interest
$1,745
Property Taxes
$428
Home Insurance
$308
Rental Income (1 Unit)
$1,623/month

From leases in place.

Rental Expenses
-$268
Cost to live here
$1,126/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# ACT4325261 · Listing office: Real Broker, LLC

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.