Selected for the Terner Labs Housing Venture Lab

5815 Spring Meadow Rd, Austin, TX 78744

Active
Listed 7 days ago
Owner-Occupant Eligible
$399,900

About $1,339 a month to live here, after the rent from the other home.

Duplex1,914 sqft6 beds4 bathsListed Nov 5, 2026

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

Live here for about

$1,339a month

The other home rents for $1,657. We hold back $298 of that for repairs and an empty month, and the rest goes toward a $2,698 monthly payment.

Income to qualify: about $60,000 a year

With how much down?

At 20% down ($79,980) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $55,000 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.

$13,997 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

South Austin Duplex with 3 Bedroom 2 bath on each side. Updated shower tile, light fixtures, stainless appliances and quartz countertops. Fully vinyl plank on both sides. Great floor plan. Large fenced yard and carport. Both units vacant and viewable.

Duplex

Property Type

15,682 sqft

Lot Size

1985

Year Built

Listing Date: 11/05/2026

Listed by: Scott Sutherland

Listing office: RealtyStake LLC

Contact: (512) 925-0783

Source: Unlock MLS #ACT1976969

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$2,698

Before rent: principal and interest at 5.6% 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 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,698/month
Principal + Interest
$1,837
Property Taxes
$545
Home Insurance
$316
Rental Income (1 Unit)
$1,657/month

From the listing description.

Rental Expenses
-$298
Cost to live here
$1,339/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# ACT1976969 · Listing office: RealtyStake LLC

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.