3BR/2BA Owner Finance Home in Iowa Colony, TX | $300,000

1318 Cascade Hills Dr, Iowa Colony, TX 77583

Purchase price: $300,000

3 bed / 2 bath · 1,670 sqft · built 2023

$30,000 down · $2,900/mo · 5.63% fixed rate

What's special

About this home

This 2023-built home sits in the Sierra Vista master-planned community in Iowa Colony, just off Highway 288 with a straight shot to Beltway 8, the Medical Center, and downtown Houston. The community is known for its resort-style amenities, including a heated lazy river and pool. Inside, the practical split floor plan gives you a large living room at the center of the home and a kitchen with gas stainless steel appliances. The primary bedroom features a bay window, and the bathroom offers dual sinks, a separate tub and shower, and a spacious walk-in closet. Energy-conscious touches include spray foam attic insulation and a gas tankless water heater. Out back, a 12x8 covered patio overlooks the yard. The refrigerator, washer, dryer, and water softener all stay with the home.

Status: Available

Terms on this home

How much is the down payment on this home?

$30,000. The down payment goes into a home you own: the deed is recorded in your name at closing, through a title company. If that feels like a stretch, tell our team what you have, because the down payment and the monthly payment move together.

What is the monthly payment?

$2,900 a month. A third-party company services the loan and documents every payment. A larger down payment lowers the monthly payment.

Is the interest rate fixed?

Yes. The rate on this home is 5.63%, fixed for the life of the agreement, and it is the same whatever your credit looks like.

Do I own the home at closing?

Yes. The deed is recorded in your name at closing, through a title company. This is not rent to own: there is no renting first and no option to exercise later. Close in as little as 14 days.

Is there a credit check to buy this home in Iowa Colony, TX?

No. No credit check, no bank and no mortgage application. Approval comes down to the down payment and steady income, and our team does a basic verification of what you earn.

Does no credit check really mean no credit check?

More homes near Iowa Colony, TX