Description
OPEN HOUSE SUNDAY 30TH OF MARCH FROM 2 PM - 5 PM Imagine owning your first home in one of Austin's most sought-after neighborhoodswithout breaking the bank. Industry Soma offers an incredible opportunity for first-time homebuyers to secure a beautiful, modern 3-bedroom, 1.5-bathroom condominium at an affordable price. Nestled near the intersection of Menchaca Rd and William Cannon, this community blends convenience, comfort, and affordability. Whether you're looking for easy access to shopping, dining, or outdoor spaces, this location has it all. ? Affordable Homeownership Designed specifically for first-time buyers who qualify under the City of Austin's Affordable Housing Program. ? Spacious & Modern Thoughtfully designed 3-bed, 1.5-bath layout perfect for families, professionals, or anyone looking to put down roots. ? Guaranteed Long-Term Affordability With city-set resale and rental restrictions, this program ensures homes remain affordable for future buyers as well. ? Exclusive Mortgage Benefits A list of qualified lenders for this program offers: $0 Down Payment Lower Interest Rates No Private Mortgage Insurance (PMI) Required Resale Restrictions: If you decide to sell in the future, the resale price will be subject to City of Austin guidelines to keep the home affordable for future buyers. Rental Restrictions: These units must be owner-occupied and cannot be rented out, ensuring the community remains accessible to first-time homeowners. Limited Availability Act Fast! ?? Only 23 units available first-come, first-served basis! Who Qualified This opportunity is exclusively for first-time homebuyers who meet the City of Austin's Median Family Income (MFI) eligibility requirements. If you've been dreaming of owning a home but worried about affordability, this program makes homeownership possible! Applications, program details, and resale restrictions can be found in the attached document.
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3BEDS
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0.04ACRES
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1BATHS
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11/2 BATHS
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1,035SQFT
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$232$/SQFT
School Information
Description
OPEN HOUSE SUNDAY 30TH OF MARCH FROM 2 PM - 5 PM Imagine owning your first home in one of Austin's most sought-after neighborhoodswithout breaking the bank. Industry Soma offers an incredible opportunity for first-time homebuyers to secure a beautiful, modern 3-bedroom, 1.5-bathroom condominium at an affordable price. Nestled near the intersection of Menchaca Rd and William Cannon, this community blends convenience, comfort, and affordability. Whether you're looking for easy access to shopping, dining, or outdoor spaces, this location has it all. ? Affordable Homeownership Designed specifically for first-time buyers who qualify under the City of Austin's Affordable Housing Program. ? Spacious & Modern Thoughtfully designed 3-bed, 1.5-bath layout perfect for families, professionals, or anyone looking to put down roots. ? Guaranteed Long-Term Affordability With city-set resale and rental restrictions, this program ensures homes remain affordable for future buyers as well. ? Exclusive Mortgage Benefits A list of qualified lenders for this program offers: $0 Down Payment Lower Interest Rates No Private Mortgage Insurance (PMI) Required Resale Restrictions: If you decide to sell in the future, the resale price will be subject to City of Austin guidelines to keep the home affordable for future buyers. Rental Restrictions: These units must be owner-occupied and cannot be rented out, ensuring the community remains accessible to first-time homeowners. Limited Availability Act Fast! ?? Only 23 units available first-come, first-served basis! Who Qualified This opportunity is exclusively for first-time homebuyers who meet the City of Austin's Median Family Income (MFI) eligibility requirements. If you've been dreaming of owning a home but worried about affordability, this program makes homeownership possible! Applications, program details, and resale restrictions can be found in the attached document.
© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-03-25T20:00:51.587.
Based on information submitted to the MLS GRID as of 2025-03-25T20:00:51.587 (date and time MLS GRID Data was obtained).
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