Under contract

$152,310

4315 S Congress Ave #220
Austin, TX 78745

  • 1 beds
  • 1 baths
  • 534 sq ft
  • 0.01 acres

Listing courtesy of Sprout Realty · (512) 770-6526 · MLS# 6276985 · Status: Active Under Contract

About this home

PLEASE READ before requesting a tour - 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. Max income is around $59k for a single person and no more than $60k in assets (non retirement account) for a single person to qualify.

Description provided by the listing brokerage.

Facts

Property type
Residential · Condominium
Year built
2023
Lot size
0.01 acres
Living area
534 sq ft
Price per sq ft
$285
Bathrooms
1 full, 0 half
HOA
$80 (monthly)
Annual taxes
$3,150
County
Travis
Neighborhood
Congress Lofts Condos
School district
Austin ISD
Schools
Galindo · Bedichek · Travis

Features

Roof
None
View
Pool
Sewer
Public Sewer
Levels
One
Cooling
ENERGY STAR Qualified Equipment
Fencing
None
Heating
Natural Gas
Flooring
Vinyl
Utilities
Electricity Connected
Appliances
Dishwasher, Microwave, Range, RNGHD, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s)
Lot
None
Water
Public
Pool
In Ground
Horse amenities
None
Windows
ENERGY STAR Qualified Windows
Parking
Secured
Exterior
Balcony
Interior
Open Floorplan
Community
BBQ Pit/Grill, Playground, Pool
Foundation
None
Waterfront
None
Energy efficiency
HVAC
Accessibility
None
Construction
Other
Patio & porch
Rear Porch
Take the virtual tour ↗

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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