"Old Florida" charm still exists! Quaint Ozona location + rental opportunity all in one! Kick back in this hidden gem of a community and enjoy the warm Gulf breeze as it whispers through the old Oaks; maybe walk over (or take your golf cart!) to Downtown Ozona for lunch, hop on the Bike Trail or walk to the end of the street and watch the sunsets over the Gulf! Property recently used (and zoned as) as a triplex, but appears to have originally been single family with a full guest suite, complete with kitchen! A little imagination and this 2br-1bath/1BR-1Bath/1 BR-1bath property could become a 3BR home with a full primary suite and family room- PLUS still have a separate rental unit with full kitchen. . . or just keep it as is and collect the income. Vacation rental possibilities here as well! Live in one, lease the other 2 and share that oak-canopied yard with your guests! To make it even better, an x500 flood zone! Square footage and room sizes approximate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $531 | $531 | $531 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,022 | $3,057 | $3,879 |
Total Monthly Payment | $3,645 | $3,680 | $4,502 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.