Lease-to-Own Opportunity 5312 Atascosa Drive, Austin, TX 78744 Looking for a flexible path to homeownership? 5312 Atascosa Drive offers a rare lease-to-own opportunity in the heart of Austin's Franklin Park neighborhood! This updated duplex provides modern comfort and an excellent chance to invest in your future while enjoying the benefits of renting today. Property Highlights: Spacious & Updated Living: Each unit features 2 bedrooms and 2 bathrooms, with an open floor plan, laminate flooring, and a cozy fireplace. Modern Kitchen: Enjoy Silestone countertops and ample storage, perfect for cooking and entertaining. Convenience & Comfort: Each unit comes with its own carport and laundry hookups for added ease. Great Location: Close to major highways, shopping, dining, and top-rated Austin ISD schools. Why Lease-to-Own? Build Equity While You Rent A portion of your monthly rent can go toward building equity. Flexible Terms Easier qualification than a traditional mortgage. Lock In Your Future Home Secure today's price while preparing for homeownership. Don't miss out on this incredible opportunity! Contact us today to learn more about how you can turn your rent into an investment in your future home. A lease option (lease-to-own) is a rental agreement that gives the tenant the exclusive right to purchase the property at a set price before the lease expires. It typically includes: Lease Term: Usually 3 years, during which the tenant rents the property. Option Fee: An upfront payment 5% of the purchase price) that secures the right to buy. Rent Premium: A portion of the monthly rent may go toward the home purchase. Purchase Price: Set at the beginning of the lease, protecting against market increases. Non-Obligatory Purchase: The tenant has the option but not the obligation to buy. This setup benefits tenants who need time to save, improve credit, or secure financing while locking in their future home!
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