Selected for the Terner Labs Housing Venture Lab

5704 Parkwood Dr, Austin, TX 78735

Active
Listed 33 days ago
Owner-Occupant Eligible
$799,000

About $4,012 a month to live here, after the rent from the other home.

House + ADU2,033 sqft4 beds3 bathsListed Oct 10, 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

$4,012a month

The second home on the lot rents for $1,650. We hold back $297 of that for repairs and an empty month, and the rest goes toward a $5,365 monthly payment.

Income to qualify: about $135,000 a year

With how much down?

At 20% down ($159,800) 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.

$23,970 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Rebuilt to the studs, this extensively remodeled home offers the feel of a 2026 new build while preserving the charm and character of an established neighborhood. Featuring 4 bedrooms and 3 full bathrooms, the thoughtfully designed layout includes a private guest suite with its own full bath and separate exterior entrance—ideal for multigenerational living, a home office, or potential rental income. The main residence features 3 bedrooms and 2 bathrooms, with the additional private suite offering exceptional flexibility. The floor plan has been professionally redesigned and structurally engineered to create a spacious, open-concept kitchen, dining, and living area beneath soaring vaulted ceilings. Beyond the beautiful finishes, extensive behind-the-walls upgrades include a complete electrical rewire with new main panel and subpanel, all-new PVC and PEX plumbing, new HVAC ductwork, blown-in insulation, new sheetrock, and triple-pane aluminum-core windows and sliding door. The beautifully updated kitchen features a large island, stainless steel appliances, and custom handcrafted birch wood cabinetry. Quartz counters throughout. New flooring throughout, a carpet-free interior, and a single-level layout provide both style and functionality. Situated on an oversized 0.36-acre lot backing to greenspace, the property offers exceptional privacy on a quiet dead-end street. Mature oak trees, a privacy fence, and ample space for a future pool or garden create an inviting outdoor retreat. Additional highlights include a finished 2-car garage with new openers, no HOA, and convenient access to US-290, MoPac, and downtown Austin. Zoned to Austin ISD's Oak Hill Elementary, Small Middle School, and Austin High School. Floor plan, comprehensive list of upgrades, and survey are available in the MLS attachments.

House + ADU

Property Type

15,660 sqft

Lot Size

1971

Year Built

Listing Date: 10/10/2026

Listed by: Tana Campbell

Listing office: Keller Williams Realty

Contact: (512) 569-1763

Source: Unlock MLS #ACT1797857

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%
$799,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$799,000
Your Down Payment$159,800
Financed$639,200
Estimated Monthly Payment$5,365

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 ($159,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,365/month
Principal + Interest
$3,832
Property Taxes
$1,197
Home Insurance
$336
Rental Income (1 Unit)
$1,650/month

From nearby rental comps.

Rental Expenses
-$297
Cost to live here
$4,012/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# ACT1797857 · Listing office: Keller Williams 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.