5301 Ponte Tresa Dr
Austin, TX 78738
3
Bedrooms
3
Bathrooms
2,841
Sq Ft
2017
Year Built
About This Property
Three great ways to finance: First is a qualifying assumption of existing loan (approximately $386,000 balance) at 3.25% fixed interest rate. Loan is VA but buyer does not have to be a veteran to assume. Difference between sales price and assumed loan amount is down payment. Second, with a minimum of 20% down payment, owner will consider owner financing at 4.5% interest rate. Or buyer may qualify for a lender paid 2-1 buy down using FHA, Conventional or New VA financing. Ask agent for details. Beautiful home was built for original owner-occupant in 2017. Tons of upgrades. 1 story home w/ bonus room up. Downstairs has 3 bedrooms & study, 2.5 baths. Easy-care wood floors downstairs, large kitchen, 42" cabinets, pull-out shelves, soft close drawers, granite counters. Large shower & jetted tub in master bath, dual vanities, 2 closets 2 linen closets. Covered patio. Fully fenced yard with sprinkler system. Owner/agent.
Property Details
Property Type
Single Family
Year Built
2017
Lot Size
6,490.44 sq ft
HOA
$60/mo
Listed Price
$572,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Austin
What is owner financing for 5301 Ponte Tresa Dr?
Owner financing means the seller of 5301 Ponte Tresa Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Austin, TX is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Austin home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Austin property.