4315 S CONGRESS AVENUE #220, AUSTIN, TX 78745
Homes for sale in Austin.
Homes for sale in 78745.
List Price$152,310
4315 S Congress Avenue #220
Austin, TX 78745
Listing #6276985
About This Property
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.
Property Features
Location Information
County
Travis
Subdivision
Congress Lofts Condos
County
Travis
Directions
From Downtown Austin, head south on S Congress Ave. Continue past Oltorf St and Live Oak St, through the St. Elmo Arts District. Congress Lofts at St. Elmo (4315 S Congress Ave) will be on your right (west side), just past St. Elmo Rd.
Area
SWE
Interior Features
Interior
Open Floorplan
Laundry
Common Area
Full Baths
1
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s)
Heating
Natural Gas
Accessibility
None
Floors
Vinyl
Exterior Features
Stories
1
Fencing
None
Is New Construction
No
Has a Pool
Yes
Exterior
Balcony
Lot Size in Acres
0.006
Foundation
None
Waterfront Description
None
Possession
Closing & Funding
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
Yes
Water
Public
View
Pool
Parking Description
Secured
Is One Story
Yes
Garage Spaces
0
School
Elementary School District
Austin ISD
Middle School
Bedichek
Elementary School
Galindo
High School
Travis
Additional Information
Roof/Attic
None
Status
Active
Other Utilities
Electricity Connected
HOA Fee
$80
Association Name
HOA is Congress Lofts Condominium Community, Inc.
HOA Frequency
Monthly
Property Type
CND
HOA Includes
Common Area Maintenance
Property SubType
Condominium
Documents Available
See Remarks
Year Built
2023
Square Feet Source
Public Records
APN
04120410300000
Similar Listings
Mortgage Calculator
$709
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$548
Monthly Tax
$126
Monthly Insurance
$35
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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