Selected for the Terner Labs Housing Venture Lab

907 E 3rd St, Austin, TX 78702

Active
Listed 70 days ago
Owner-Occupant Eligible
$1,200,000

About $6,466 a month to live here, after the rent from the other home.

House + ADU1,612 sqft3 beds3 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

$6,466a month

The second home on the lot rents for $1,780. We hold back $347 of that for repairs and an empty month, and the rest goes toward a $7,899 monthly payment.

Income to qualify: about $204,000 a year

With how much down?

At 20% down ($240,000) 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 $157,000 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.

$36,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

PRIME EAST AUSTIN opportunity just minutes from Downtown! 907 E 3rd delivers the location, character, and flexibility buyers are looking for in one of Austin’s most desirable urban neighborhoods. Zoned SF-3-NP The main residence features a 2-bedroom, 2-bath layout, complemented by a detached rear ADU with its own full bathroom-an incredibly versatile space that can function as a private guest suite, home office, creative studio, fitness space, or additional retreat. (ADU - 534SQFT) Currently operated as a short-term rental, the property offers an opportunity to acquire an established East Austin property with historical STR performance available upon request. All or substantially all furnishings may also be available with the sale, creating the potential for a streamlined, turnkey transition. Step outside and enjoy everything that makes East Austin one of the city’s most sought-after destinations—Downtown Austin, Lady Bird Lake, restaurants, coffee shops, nightlife, entertainment, and some of Austin’s best local experiences are all just minutes away. Rear alley access and dedicated parking add another major convenience this close to the urban core. Whether you’re looking for a primary residence with a separate guest space, an urban Austin retreat, or an investment opportunity in a premier location, 907 E 3rd offers a combination of location and versatility that is increasingly difficult to replicate. Own your piece of East Austin—schedule a private showing today.

House + ADU

Property Type

7,396 sqft

Lot Size

1900

Year Built

Listing Date: 09/03/2026

Listed by: Alex Romero

Listing office: Spyglass Realty

Contact: (512) 845-0216

Source: Unlock MLS #ACT9256472

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%
$1,200,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,200,000
Your Down Payment$240,000
Financed$960,000
Estimated Monthly Payment$7,899

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 ($240,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$7,899/month
Principal + Interest
$5,756
Property Taxes
$1,852
Home Insurance
$291
Rental Income (1 Unit)
$1,780/month

From nearby rental comps.

Rental Expenses
-$347
Cost to live here
$6,466/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# ACT9256472 · 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.