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… Read More 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. Read Less
Property listed by Sprout Realty 512-770-6526 (512) 431-6426
Listing Snapshot
Days Online
6
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
534
Lot Size
0.01 Acres
Year Built
2023
MLS Number
6276985
Additional Details
Building
Built in 2023, Stories: 1, 534 sqft living area, One
Community
Barbecue, Playground, Pool
Exterior Features
Balcony
Floors
Vinyl
Heating
Natural Gas
Home Owner's Association
Fee: $80, Fee Frequency: Monthly, Common Area Maintenance
Interior Features
Open Floorplan
Laundry
Common Area
Lot
0.0062 acres, Area: 0.0062
Energy Saving
Hvac
Parking
Secured
Pool
Private pool, In Ground, Community
Property
Resale, Pool
Sewer
Public Sewer
Taxes
Annual Amount: $3,150, Year: 2026
Utilities
Electricity Connected
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