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Texas House Hack Calculator

House hacking means living in one unit and renting the rest. Pre-filled with Texas median prices, rents, and tax rates. See your effective housing cost after rental income and savings versus renting.

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Property & Financing

Units & Rental Income(Texas defaults)

Monthly Rental Income$2,611

Operating Expenses(Texas defaults)

Total Monthly Expenses$1,143

Rent Comparison

Monthly Savings vs. Renting$771

Texas Market Context

Avg Cap Rate

5.8%

Median Price

$338K

Property Tax

1.25%

Vacancy Rate

9.2%

Local Factors

  • -No state income tax but very high property taxes and insurance eat into cash flow
  • -Massive new construction in Dallas, Houston, Austin, and San Antonio is increasing vacancy
  • -Population growth remains strong but rent growth has stalled in oversupplied metros

Effective Housing Cost

$667

Good
Monthly Mortgage$2,136
Monthly Expenses$1,143
Total Monthly Cost$3,279
Rental Income− $2,611
Cost Coverage79.6%
Annual Savings vs. Rent$9,247
Cash on Cash Return-47.4%

Who Covers Your Costs

COVERAGE80%
Rental Income$2,611
Your Cost$667

What does this mean?

Solid house hack. Your effective housing cost is well below typical market rent. You're building equity while keeping monthly costs manageable.

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