4315 S Congress Ave Unit 220, Austin, TX 78745
- $152,310
- 1
- BD
- 1
- BA
- 534
- SqFt
- List Price
- $152,310
- Status
- ACTIVE
- Days on Market
- 20
- MLS#
- 6276985
- Subtype
- Residential
- Year Built
- 2023
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 534
- Lot Size
- 270
- Subdivision
- Congress Lofts Condos
- Neighborhood
- Congress Lofts Condos
- MLS Area Major
- Austin - South
Property Description
This is an income restricted affordable housing unit at Congress Lofts, subject to a recorded City of Austin Affordable Housing Covenant (Travis County Document No. 2025120613, 99 year term). This is not a traditional resale. Buyers must be certified by the City of Austin (AHFC) as an Eligible Buyer prior to purchase, with household income at or below 60% of the Austin Round Rock MSA median family income (adjusted for household size) and subject to asset limits. Resale price is capped by covenant formula (2% simple annual appreciation on the original purchase price, not market value), and the City of Austin holds a right of first refusal on any future sale. Buyer must occupy as their primary residence; the unit cannot be used as a rental or investment property. Buyers should review and begin the AHFC Income Eligibility Packet (attached in MLS) with their lender early, as approval is required before closing. Listing agent is experienced with this program and available to help guide buyers through the process.
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Additional Information
- Amenities
- Open Floorplan
- Interior Features
- Open Floorplan
- Exterior Features
- Balcony
- Taxes
- $3,150
- HOA Frequency
- Monthly
- HOA Includes
- Common Area Maintenance
- Appliances
- Dishwasher, Microwave, Range, RNGHD, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s)
- Heating
- Natural Gas
- Air Conditioning
- ENERGY STAR Qualified Equipment
- Exterior Construction
- Other
- Stories
- 1
- Levels
- One
- Roof
- None
- Pool
- Yes
- School District
- Austin ISD
- Elementary School
- Galindo
- Middle School
- Bedichek
- High School
- Travis
Mortgage Calculator
Listing courtesy of Sprout Realty. Contact: (512) 431-6426
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