Selected for the Terner Labs Housing Venture Lab

950 S Fm 486, Thorndale, TX 76577

Active
Listed 70 days ago
Owner-Occupant Eligible
$699,900

About $3,829 a month to live here, after the rent from the other home.

House + ADU3,200 sqft4 beds2 bathsListed Sep 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

$3,829a month

The second home on the lot rents for $1,138. We hold back $205 of that for repairs and an empty month, and the rest goes toward a $4,762 monthly payment.

Income to qualify: about $123,000 a year

With how much down?

At 20% down ($139,980) 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 $91,000 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.

$20,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Huge Price Reduction! Set on nearly 11 acres of pristine land, this property provides the perfect backdrop for a life lived at a slower, more intentional pace. The heart of the property is a spacious main residence boasting 3,200 square feet of thoughtfully designed living space. With four bedrooms and two bathrooms, each room features a generous footprint, ensuring everyone has room to breathe. Beyond the main home, the property offers incredible versatility with a charming secondary residence. Featuring three bedrooms, two baths, and a large open-concept kitchen, dining, and living area, this mother-in-law floor plan is perfectly suited for multi-generational living, hosting guests, or even a business location. What truly sets this property apart is the owner’s dedicated commitment to the environment. Understanding that synthetic fertilizers & pesticides can severely disrupt the balance of our local ecosystem, the owner has consciously chosen to forego these treatments entirely. The land is managed to encourage native plants, wild grasses, and natural water sources to thrive. The result is a vibrant, organic sanctuary that welcomes and supports vital pollinators like butterflies and bees. For those dreaming of a self-sufficient lifestyle, this property is ready for your vision. Outdoor facilities include a sturdy horse barn, a goat pen, and a chicken coop. With secondary storage, a functional well house, and a convenient shop attached to the horse shed, you have everything you need to start your homesteading journey on day one. Nestled in the quiet, rolling landscape of Thorndale, you gain the benefit of absolute privacy and peace, all while remaining just a short drive from the town’s warm community spirit, local shops, and excellent schools. Come see for yourself the harmony of rural peace and modern convenience. Please note that showings require 48 hours' notice.

House + ADU

Property Type

467,660 sqft

Lot Size

1975

Year Built

Listing Date: 09/03/2026

Listed by: Julie Downs

Listing office: Tierra Grande Realty, LLC

Contact: (512) 497-3967

Source: Unlock MLS #ACT3353023

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%
$699,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$699,900
Your Down Payment$139,980
Financed$559,920
Estimated Monthly Payment$4,762

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 ($139,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,762/month
Principal + Interest
$3,357
Property Taxes
$876
Home Insurance
$529
Rental Income (1 Unit)
$1,138/month

From the listing description.

Rental Expenses
-$205
Cost to live here
$3,829/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# ACT3353023 · Listing office: Tierra Grande Realty, 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.