256 Alibates Trail

About This Home

$695 Monthly Lease Payment *Monthly Lease price after paying a $3,600 Option Fee Monthly Lease price without an Option Fee: $995 Sales Price: $89,900 Lease, Buy, or Both! Available with our Nest Egg or Lease with Purchase Option Program! Looking for a cozy home by the lake and outside of the hustle and bustle of Amarillo? This is the place for you! This lakeside home features 2 bedrooms, 1 bathroom, open kitchen, wood burning fireplace, lake view, private boat ramp and access directly to Lake Meredith. This property would make a great investment property and with a little updating could become your dream lake house! Contact us today at for more information! Ask about our cashless security deposit option! LEASE WITH PURCHASE OPTION PROGRAM This program has helped hundreds of people just like you turn their rental home into their forever home. During a 6-month period, you have the opportunity to improve your credit with professional advice while building a down payment toward the purchase of your home. If you choose to pay an option fee, that payment will go toward purchasing the home. At Open Sky Homes, we understand how difficult it can be to purchase a home when you have extenuating circumstances. Maybe your credit score is lower than you would like or perhaps you have been denied in the past. Maybe you haven’t saved up money for the down payment or just don’t know where to start. Whatever the case may be, our Lease with Purchase Option Program is designed to give you the option of purchasing your home and stop losing all your monthly investments to rent. You can choose to pay an option fee (which reduces your monthly payment), or you can choose not to. If you choose to pay an option fee, that payment will go toward the purchase of the home. You can buy the property at any time during the lease period. You can complete the term of your lease and decide not to purchase the home. The choice is entirely up to you! When you sign on, you can pay an option fee. We will lower your monthly payment in proportion to the option fee amount you choose. The second part of the program applies regardless of whether you choose to pay the option fee or not. You can exercise your option to buy at any time during the lease period. For example, if you choose to pay $3,600, we will lower your monthly payment by $300. Plus, we’ll give you full credit for the amount of the fee you pay. Here’s how it might look in action: Monthly lease payment : $995 Option fee paid : $3,600 Payment reduction for fee : $300 Payment after option fee : $695 If you decide to purchase the home, you will automatically have credit for the $3,600 applied to your down payment and a 10% credit per lease payment made during the first year. This equates to $1,194 in closing cost credits in addition to the amount of the option fee you paid. It’s that simple!