140 RILEY CV

This affordable opportunity in Kyle’s established Steeplechase neighborhood offers buyers a chance to step into homeownership with added flexibility. The seller is willing to negotiate contributions toward eligible buyer closing costs, which could potentially be used toward closing expenses or an interest-rate buydown, subject to the buyer’s loan program and lender approval. This 3-bedroom, 2-bath home offers approximately 1,530 square feet and plenty of potential for someone ready to add their own personal touches over time. Nearby Steeplechase Park provides walking trails, playgrounds, sports fields, picnic areas, a splash pad, and a dog park, while the surrounding area offers convenient access to schools, shopping, dining, entertainment, medical facilities, and I-35 for commuting to Austin or San Marcos. Whether you are a first-time buyer looking for a more affordable entry point into the market or someone searching for a property with long-term upside, this home presents a chance to build equity in a growing area of Kyle. The home is being sold as is and will need some repairs and updating, which has been reflected in the pricing. At $212,000, it is priced $54,390 below the current property tax appraised value of $266,390, creating an attractive value in a desirable neighborhood. Buyers may also have renovation financing options available that could allow qualifying repairs and improvements to be incorporated into their mortgage, including FHA 203(k) financing, subject to lender and property approval. Ask your REALTOR® for additional information about available renovation loan options.