Selected for the Terner Labs Housing Venture Lab

402 Algerita Dr, Georgetown, TX 78628

Active
Listed 49 days ago
Owner-Occupant Eligible
$550,000

About $1,297 a month to live here, after the rent from the other homes.

Quadplex3,072 sqft8 beds4 bathsListed Sep 24, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$1,297a month

The other homes rent for $3,096. We hold back $557 of that for repairs and an empty month, and the rest goes toward a $3,836 monthly payment.

Income to qualify: about $79,000 a year

With how much down?

At 20% down ($110,000) 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 $72,000 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.

$27,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Well-maintained multifamily investment property with several major updates completed in recent years. The A/C unit for Unit D was replaced in 2023. The full roof was replaced in 2024. The A/C units for Units B and C were replaced in 2024. The staircase was replaced in 2025. Each unit is separately metered with no common water meter, and tenants are responsible for paying all of their own utilities, helping keep owner-paid operating expenses low. Unit C is currently vacant and available to show. All other occupied units may be shown after an executed contract is in place.

Quadplex

Property Type

15,333 sqft

Lot Size

1984

Year Built

Listing Date: 09/24/2026

Listed by: Quynh Pham

Listing office: EquityWise Realty

Contact: (832) 298-9594

Source: Unlock MLS #ACT5905015

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%
$550,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$550,000
Your Down Payment$110,000
Financed$440,000
Estimated Monthly Payment$3,836

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 ($110,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,836/month
Principal + Interest
$2,638
Property Taxes
$666
Home Insurance
$532
Rental Income (3 Units)
$3,096/month

From leases in place and what these units were listed for rent at on the MLS.

Rental Expenses
-$557
Cost to live here
$1,297/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# ACT5905015 · Listing office: EquityWise 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.