Lease Option Real Estate Search

Lease Option Real Estate

$249,999
3 Beds 2 Baths 1925618 MLS ACTIVE Status
**Charming 3 Bedroom Home in Live Oak, TX - 7817 Hollow Oak** Welcome to 7817 Hollow Oak, a delightful residence nestled in the heart of Live Oak, TX! This charming 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and convenience. This home is freshly renovated with style, accents, and a flow that will have your visitors never wanting to leave! As you step inside, you'll be greeted by a bright and inviting open floor plan that seamlessly connects the living, dining, and kitchen areas. The spacious living room provides a warm and welcoming atmosphere, perfect for relaxing with loved ones or entertaining guests. Natural light pours in through the windows, enhancing the home's inviting ambiance. The well-appointed kitchen boasts modern appliances, ample cabinetry, and a convenient breakfast bar, making it a joy for the home chef to prepare meals. The adjacent dining area is perfect for cozy family dinners or hosting friends. Retreat to the comfortable primary suite, complete with an en-suite bathroom for added privacy. The two additional bedrooms are generously sized and can easily accommodate guests, a home office, or a playroom for the kids. A second full bathroom conveniently serves these bedrooms and visitors. Step outside into your private backyard oasis, where you'll find plenty of space for outdoor activities, gardening, or simply unwinding after a busy day. This outdoor space is perfect for barbecues, family gatherings, or quiet evenings under the stars. Conveniently located near a wonderful park, jogging trails, shopping, and dining, this home offers easy access to major highways and local entertaining spots. Enjoy the best of both worlds with a peaceful neighborhood ambiance and proximity to the vibrant amenities of Live Oak. Don't miss your chance to own this lovely home at 7817 Hollow Oak. Schedule your private showing today and envision the possibilities that await you!

7817 Hollow Oak, Live Oak

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Lease Option Homes for Sale

Acquiring a property has been a goal for everyone but there are certain drawbacks on why homebuyers or even sellers can’t achieve this. But obstacles don’t have to be a reason in order for anyone to get their dream home. There are numerous programs that homebuyers can use and one of them is getting into lease option. A lease option is a way to buy and sell homes without an immediate conventional mortgage in which both parties agree to an option that gives the buyer the right to purchase the home from the seller during a set period of time. While this option is valid, the seller may not sell their home to anyone else.

For buyers, especially for those who can’t qualify for a mortgage, gives them the opportunity to get into a home while they improve their credit and build up a down payment while living in the home. In addition, buyers also receive a forced savings plan, since part of the part of the lease payment is credited toward the purchase price at the end of the lease option agreement.

For sellers, they generally get market value at today’s prices and relief from paying a mortgage on a vacant property. It allows the seller to beat the competition, receive a higher purchase price, and it allows you to actually sell the home, instead of just renting it out. In addition, if the buyer defaults, the seller does not refund any portion of the lease payment or the option money and may retain the right to charge for specific altercations.

Just keep in mind that before entering into an agreement with a seller, buyers should obtain the advice of a real estate attorney or a professional. Call us today for a free consultation! 210.688.9740