22 photos
$572,000
5301 Ponte Tresa Dr
Austin, TX 78738
Susan Galyean, Christie's Int'l Real Estate · (512) 784-6850
What the listing says
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.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Single Family
Lot Size
6,490.44 sq ft
HOA
$60/mo
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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. The listing for this Austin, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Austin home?
There is no standard down payment. The seller of this Austin home sets their own, and it is negotiable. Ask the seller or their agent.