Selected for the Terner Labs Housing Venture Lab

3906 Willbert Rd, Austin, TX 78751

Active
Listed 59 days ago
Owner-Occupant Eligible
$799,900

About $4,541 a month to live here, after the rent from the other home.

House + ADU1,722 sqft3 beds2 bathsListed Sep 14, 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

$4,541a month

The second home on the lot rents for $1,000. We hold back $195 of that for repairs and an empty month, and the rest goes toward a $5,346 monthly payment.

Income to qualify: about $140,000 a year

With how much down?

At 20% down ($159,980) 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 $104,000 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.

$23,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Beautifully remodeled, this timeless Craftsman bungalow in Austin's coveted Hancock neighborhood offers the perfect blend of historic character and modern convenience. Rich in architectural charm and thoughtfully updated throughout, this one-of-a-kind home captures the essence of classic Central Austin living. Offering over 1,700 sqft w/3 bed, 2 full baths, and situated on a generous 5,000+ square foot lot, the home's incredibly flexible floor plan is designed to evolve with your lifestyle. Featuring two electrical meters, the property can easily be separated into two independent living spaces, making it an exceptional opportunity for multigenerational living, an owner-occupied investment, guest quarters, a private home office, or future rental income. Today, it lives as one expansive single-family residence with inviting spaces full of warmth, personality, and timeless design. Original Craftsman details have been lovingly preserved, including gorgeous hardwood floors, charming built-in cabinetry, vintage hardware, and period millwork that tell the story of the home's rich history. Every room balances authentic character with carefully selected modern finishes, creating spaces that feel both elegant and welcoming. Step outside to enjoy a classic covered front porch—the perfect place to greet neighbors or unwind with your morning coffee—or retreat to the large, private backyard with ample room for entertaining. Mature trees and lush landscaping create a peaceful urban oasis in one of Austin's most sought-after neighborhoods. With unbeatable walkability to neighborhood parks, local coffee shops, acclaimed restaurants, shopping, UT Austin, Dell Medical School, and nearby downtown, this remodeled Hancock Craftsman offers a rare combination of historic architecture, flexible living, investment potential, and an exceptional Central Austin location. Opportunities like this are seldom available in one of Austin's most beloved historic neighborhoods.

House + ADU

Property Type

4,992 sqft

Lot Size

1941

Year Built

Listing Date: 09/14/2026

Listed by: Sandra Bennett

Listing office: Compass RE Texas, LLC

Contact: (512) 484-0955

Source: Unlock MLS #ACT3474046

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%
$799,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$799,900
Your Down Payment$159,980
Financed$639,920
Estimated Monthly Payment$5,346

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 ($159,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,346/month
Principal + Interest
$3,837
Property Taxes
$1,199
Home Insurance
$310
Rental Income (1 Unit)
$1,000/month

From nearby rental comps.

Rental Expenses
-$195
Cost to live here
$4,541/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# ACT3474046 · Listing office: Compass RE Texas, 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.