Selected for the Terner Labs Housing Venture Lab

321 HIGH LOW DR Dr, New Braunfels, TX 78132

Active
Listed 57 days ago
Owner-Occupant Eligible
$475,000

About $2,490 a month to live here, after the rent from the other home.

House + ADU2,436 sqft5 beds3 bathsListed Sep 16, 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

$2,490a month

The second home on the lot rents for $800. We hold back $144 of that for repairs and an empty month, and the rest goes toward a $3,146 monthly payment.

Income to qualify: about $81,000 a year

With how much down?

At 20% down ($95,000) 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 $62,000 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.

$14,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to 321 High Low Dr, a one-of-a-kind New Braunfels property set on a large acreage tract with plenty of room, privacy, and possibilities. The property features two separate living spaces, each with its own private entrance and full kitchen—perfect for multigenerational living, guests, a home office, or rental income. Add just one door, and the home can easily function as a spacious single-family residence with multiple living areas and plenty of space for entertaining. The wide-open grounds offer the freedom to enjoy country-style living while staying close to everything New Braunfels has to offer. With no current restrictions in force, this flexible Central Texas property is ready to fit your lifestyle, whether you want to live, work, host, or invest.

House + ADU

Property Type

56,628 sqft

Lot Size

1977

Year Built

Listing Date: 09/16/2026

Listed by: D. Lee Edwards

Listing office: D Lee Edwards Realty, Inc

Contact: (830) 620-7653

Source: Unlock MLS #ACT6313729

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%
$475,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$475,000
Your Down Payment$95,000
Financed$380,000
Estimated Monthly Payment$3,146

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 ($95,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,146/month
Principal + Interest
$2,278
Property Taxes
$465
Home Insurance
$403
Rental Income (1 Unit)
$800/month

From the listing description.

Rental Expenses
-$144
Cost to live here
$2,490/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# ACT6313729 · Listing office: D Lee Edwards Realty, Inc

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.