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.
| MLS # | 6276985 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $80 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 48 |
| Listing Provided By | Sprout Realty | Isaac Quintanilla |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 534 |
| Pool | Yes |
| Story(s) | 1 |
| Acreage | 0.01 |
| Water Front | Yes |
| Property View | Pool |
| Interior Features | Open Floorplan |
|---|---|
| Cooling | ENERGY STAR Qualified Equipment |
| Heating | Natural Gas |
| Appliances | Dishwasher, Microwave, Range, RNGHD, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s) |
| Fireplaces Total | 0 |
| Window Features | ENERGY STAR Qualified Windows |
| Flooring | Vinyl |
| Exterior Features | Balcony |
|---|---|
| Roof | None |
| Foundation Details | None |
| Lot Features | None |
| Patio And Porch Features | Rear Porch |
| Fencing | None |
| Construction Materials | Other |
| Security Features | Building Security |
| Parking Features | Secured |
|---|---|
| Garage Spaces | 0 |
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 3150 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | SWE |
| Community Name | Congress Lofts Condos |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in Congress Lofts Condos) | |
Price: $152,310 low | high Med: $152,310 sqft: 534 low | high Med: 534 $ / sqft: $285 low | high Med: $285 On site: 48 low | high Med: 48 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | SWE |
| Community Name | Congress Lofts Condos |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in Congress Lofts Condos) | |
Price: $152,310 low | high Med: $152,310 sqft: 534 low | high Med: 534 $ / sqft: $285 low | high Med: $285 On site: 48 low | high Med: 48 | |