11 photos
$55,000
509 N State Highway 359
Mathis, TX 78368
Marc Longoria, LPT Realty, LLC · (210) 262-7815
What the listing says
INVESTOR SPECIAL NEAR LAKE CORPUS CHRISTI!! Great opportunity to make this house a home again. Appears to have additional space added to the back part of the house that can be used as a third bedroom or family room. The property definitely needs some TLC, so if you're a visionary, this is your place. Confirm all dimensions, information, zoning, restrictions, etc. with City/County. Great location - easy access to I-37 for a quick work commute to Corpus Christi, and it's just minutes away from Lake Corpus Christi. Owner financing terms: $55k sales price, $10k down, 20-year mortgage at 10% interest with a 5-year balloon.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Single Family
Lot Size
6,534 sq ft
HOA
None
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Questions about owner financing in Mathis
What is owner financing for 509 N State Highway 359?
Owner financing means the seller of 509 N State Highway 359 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Mathis, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Mathis home?
There is no standard down payment. The seller of this Mathis home sets their own, and it is negotiable. Ask the seller or their agent.