Selected for the Terner Labs Housing Venture Lab

808 Montopolis Dr, Austin, TX 78741

Active
Listed 56 days ago
Owner-Occupant Eligible
$675,000

About $3,559 a month to live here, after the rent from the other home.

House + ADU2,044 sqft4 beds2 bathsListed Sep 17, 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

$3,559a month

The second home on the lot rents for $1,295. We hold back $253 of that for repairs and an empty month, and the rest goes toward a $4,601 monthly payment.

Income to qualify: about $117,000 a year

With how much down?

At 20% down ($135,000) 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 $88,000 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.

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

ABOUT THIS HOME

Back on the market & ready for your developers. Excellent opportunity to aquire this beautiful, mostly flat, just shy of half an acre lot in a delveloping & thriving Montopolis. Montopolis still offers excellent access to downtown, the Tesla complex as well as the airport, at an affordable price. Value is mostly in the land but the home can be a wonderful remodel project for those with imagination or a designer's eye. This is an estate sale so we do not have a seller's disclosure. Love the trails around Lady Bird Lake? Montopolis is just a few minutes from Lady Bird Lake plus Austin Community College & Riverside Golf Course are just around the corner. The original home, itself was built around the mid 1940s and has had several additions throughout the years. There are two living areas in the main house and an additional living area in the attached guest quarters where you'll find a separate bedroom. In the main house there is a formal dining area plus a really cute & cozy breakfast booth. This lot maybe a perfect candidate for a multi unit condo community - City has stated that as many as 6-8 units may fit on this lot - but of course you'll have to get with the City Development & Planning folks with your own plans. Please call Broker - Agustin Lara - for entry, gate & parking instructions.

House + ADU

Property Type

21,427 sqft

Lot Size

1945

Year Built

Listing Date: 09/17/2026

Listed by: Agustin Lara

Listing office: Agustin B. Lara Realty

Contact: (512) 921-9444

Source: Unlock MLS #ACT5244041

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%
$675,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$675,000
Your Down Payment$135,000
Financed$540,000
Estimated Monthly Payment$4,601

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 ($135,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,601/month
Principal + Interest
$3,238
Property Taxes
$995
Home Insurance
$368
Rental Income (1 Unit)
$1,295/month

From nearby rental comps.

Rental Expenses
-$253
Cost to live here
$3,559/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# ACT5244041 · Listing office: Agustin B. Lara 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.