Selected for the Terner Labs Housing Venture Lab

198 Rolling Oak Dr, Elgin, TX 78621

Active
Listed 23 days ago
Owner-Occupant Eligible
$1,049,000

About $5,651 a month to live here, after the rent from the other home.

House + ADU6,387 sqft6 beds4 bathsListed Oct 20, 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

$5,651a month

The second home on the lot rents for $2,000. We hold back $300 of that for repairs and an empty month, and the rest goes toward a $7,351 monthly payment.

Income to qualify: about $187,000 a year

With how much down?

At 20% down ($209,800) 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 $137,000 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.

$31,470 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

SELLER WILL CONSIDER BUYING DOWN BUYER'S INTEREST RATE--10 UNRESTRICTED ACRES--2 FULL KITCHENS--MULTIPLE LIVING AREAS--VALLEY VIEWS--FIBER INTERNET. Modern farmhouse estate just 10 minutes to Bastrop, 15 to Elgin and 30 to Austin--combining size, usable land, and freedom rarely found this close to the city. This 2-year-old custom home offers 6-7 bedrooms including over 2,600 square feet of walk-out lower level with a full kitchen--ideal for multi-generational living, private guest quarters or business use. The main level features a vaulted great room with a wall of glass capturing panoramic valley views. The newly completed kitchen includes quartz countertops, a large island, and extensive workspace. Easy conversion to gas cooking. The primary suite is oversized with a large bath, soaking tub, and curb-less shower. Upstairs bedrooms are connected by a central living/play area. An oversized laundry room adds everyday functionality. The land is 90% cleared and fully usable, with 80+ mature oak trees, fenced areas for horses or livestock, a garden space, private well and a large covered deck overlooking the valley. Unrestricted property allows for business use, additional structures, animals and long-term flexibility--rare to find with this level of home and acreage near Austin. Private setting. Usable land. Estate-scale home with real flexibility.

House + ADU

Property Type

435,600 sqft

Lot Size

2024

Year Built

Listing Date: 10/20/2026

Listed by: KC Swartzel

Listing office: K.C. Swartzel

Contact: (512) 368-0093

Source: Unlock MLS #ACT6648432

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%
$1,049,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,049,000
Your Down Payment$209,800
Financed$839,200
Estimated Monthly Payment$7,351

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 ($209,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$7,351/month
Principal + Interest
$5,031
Property Taxes
$1,457
Home Insurance
$863
Rental Income (1 Unit)
$2,000/month

From the listing description.

Rental Expenses
-$300
Cost to live here
$5,651/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# ACT6648432 · Listing office: K.C. Swartzel

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.