About this home

DUPLEX!! Both sides rented now but could live on one side and use the rent income from the other side to cover your mortgage! Roof replaced in November 2022. HVAC replaced in each unit in 2020 & 2021. Four bedroom fully remodeled just prior to current tenant move-in. Two bedroom remodeled prior to last tenant move-in around 2021. Washer and Dryer connections in Four Bedroom. Duplex is located at the end of long street so little traffic! Own it with far less cash down than a conventional purchase. 100% ownership, rights at 40% purchase price of expected appraised value. Not fractional ownership! You get all the ownership benefits and appreciation at a smaller entry price with Optimized Ownership which has been around for 50 years!! Optimized ownership structure with a low down payment and real flexibility. The list price is your Ownership Interest in the home. The seller holds most of the home's cost, so you don't finance or buy that part. Instead, you pay a monthly fee on it, and you can buy it out anytime at a price set at closing, or never. Sell anytime. Conventional, FHA, VA, and USDA financing accepted. Financing fee: $906 monthly plus your mortgage, if any. Much less than conventional payment on the same home with less cash in. Down payment is set by your mortgage, as little as $0 down. Estimates; final terms set at closing

Property details

Property type

Residential

Status

Active

Year built

1960

Full baths

3

Lot size

0.1339

Subdivision

St Charles Place Sec 01

MLS area

Out of Area

MLS #

246227475

Features

Additional details

Parking

Driveway

Garage spaces

0

Roof

Asphalt

Foundation

Pillar/Post/Pier

Annual tax

$3,515

Schools

Assigned schools per the MLS.

School district

Crosby Isd

Elementary

Crosby (Crosby)

Middle

Outside School District

High

Outside School District

Getting around

Downtown Austin

163.4 mi

Austin-Bergstrom Airport

158.1 mi

Straight-line distance, not drive time.

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