Selected for the Terner Labs Housing Venture Lab

10605 Newmont Rd, Austin, TX 78758

Active
Listed 21 days ago
Owner-Occupant Eligible
$399,900

About $1,972 a month to live here, after the rent from the other home.

House + ADU1,658 sqft4 beds3 bathsListed Oct 22, 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

$1,972a month

The second home on the lot rents for $950. We hold back $185 of that for repairs and an empty month, and the rest goes toward a $2,737 monthly payment.

Income to qualify: about $68,000 a year

With how much down?

At 20% down ($79,980) 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 $52,000 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.

$11,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

A unique North Austin property offering multiple living arrangements and three separate income producing components on a .36 acre lot. 10605 Newmont features a 3-bedroom, 2-bath main residence plus an attached studio apartment/guest suite with a full bathroom, kitchenette and fireplace. The studio offers its own private exterior entrance while also connecting to the main residence from the interior, creating flexibility for multigenerational living, guests, a home office or additional rental income. The main home features an open layout, granite countertops and no carpet. Both the main residence and studio enjoy their own private outdoor areas, allowing the spaces to function independently while remaining connected when desired. Adding to the property's versatility is a separate fenced portion of the lot currently leased to a local business for vehicle storage. The three spaces have been leased individually with recent rents of $2,000 per month for the main home, $950 for the studio and $850 for the fenced lot, totaling $3,800 per month. Live in one space while generating income from the others, create a next-gen living arrangement, or continue operating the property as an investment with multiple revenue streams. Convenient North Austin location near Braker Lane and North Lamar with easy access to The Domain, Q2 Stadium, Walnut Creek Park, shopping, dining and major North Austin employment centers. A hard-to-find combination of residential flexibility, private outdoor spaces and established rental history. Schedule your private showing today.

House + ADU

Property Type

15,638 sqft

Lot Size

1963

Year Built

Listing Date: 10/22/2026

Listed by: Lalo Herrera

Listing office: Keller Williams Realty

Contact: (512) 698-1588

Source: Unlock MLS #ACT7970782

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%
$399,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$399,900
Your Down Payment$79,980
Financed$319,920
Estimated Monthly Payment$2,737

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 ($79,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,737/month
Principal + Interest
$1,918
Property Taxes
$545
Home Insurance
$274
Rental Income (1 Unit)
$950/month

From the listing description.

Rental Expenses
-$185
Cost to live here
$1,972/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# ACT7970782 · 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.