Active
2 units4 bd3 ba2,184 sqft
Cost to live here
$3,494/moafter $1,028/mo in rent
Income to qualify: about $112,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$650,000•House + ADU
157 Lorne Rd, Canyon Lake, TX 78133
773 Lookout Dr, Canyon Lake, TX 78133
Active
Listed 71 days agoOwner-Occupant Eligible
About $2,239 a month to live here, after the rent from the other home.
House + ADU2,460 sqft3 beds2 bathsListed Sep 2, 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
$2,239a month
The second home on the lot rents for $956. We hold back $172 of that for repairs and an empty month, and the rest goes toward a $3,023 monthly payment.
Income to qualify: about $76,000 a year
With how much down?
At 20% down ($89,980) 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 $59,000 of it. See the ten-year math
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.
$13,497 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Spanning 1.64 acres across 9 individual lots, this Canyon Lake property offers rare space and privacy in a quiet neighborhood. The main house sits on 2 of the lots, providing a solid foundation and a practical layout ready for your personal touch. A full living area and kitchen upstairs, paired with a lower-level mini kitchen, make the setup effortless for multigenerational living or private rental options. Covered balconies on both levels overlook the shaded, fully fenced grounds. Beyond the home, the property features a private 480-foot well alongside its city water connection, a 2-car garage, an expansive 4-car carport, and a storage shed. Gardeners will appreciate the dedicated garden area protected by an 8-foot fence to keep local deer out. Located on a low-traffic street just five minutes from the public boat ramp, you get easy lake access without sacrificing peace and quiet. Whether you choose to keep all 1.64 acres for yourself, update the current home, or build on the remaining lots, this property is packed with potential.
House + ADU
Property Type
71,595 sqft
Lot Size
1981
Year Built
Listing Date: 09/02/2026
Listed by: Adelina Rotar
Listing office: Keller Williams Realty
Contact: (512) 522-9715
Source: Unlock MLS #ACT3715641
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%
$449,900
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$449,900
Your Down Payment$89,980
Financed$359,920
Estimated Monthly Payment$3,023
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 ($89,980) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$3,023/month
Principal + Interest
$2,158Property Taxes
$456Home Insurance
$407HOA$2
Rental Income (1 Unit)
$956/month
From the listing description.
Rental Expenses
-$172Cost to live hereCost to live here, after rent
$2,239/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
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.
MLS# ACT3715641 · Listing office: Keller Williams 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.
