Interest Rate as Low as 3.99% (6.746% APR)*

*Promotional rate applies to first year only. Funds are limited.

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New Year, New Home Sales Event Extended

February 1, 2024

Is 2024 the year you finally purchase your dream home? Let Coventry Homes help! We’re offering big savings on beautiful new homes throughout the Austin area. How big? Take a look. 

When you purchase a new home in any of our Austin-area communities during the New Year, New Home Sales Event, January 1- February 29, you can choose from three financing options — an interest rate buy-down, extended interest rate lock or paying no closing costs. Plus, enjoy up to $10,000 in flex cash on any started inventory home. You must use our  You must use our preferred lender and title company to take advantage of the savings.

Any of these favorable financing options can get you into a home you’ll love. How will each help you save? A rate buy-down or extended rate lock will lower your interest rate and save you money over the life of your home loan. 

An interest rate buy-down allows you to pay extra money to get a lower interest rate for a certain number of years. An extended interest rate lock allows you to cap your interest rate for an extended period, protecting you if interest rates rise before your home closes. Either will have you writing smaller mortgage payment checks.

Closing costs are costs that must be paid when you close. In Texas, closing costs average 2 to 3 percent of the cost of a home. For a $300,000 home, closing costs can run from $6,000 to $9,000. Ouch! 

What could you do with an extra $6,000 to $9,000 in your pocket? How about furniture for your new game room or a gorgeous patio set for those neighborhood barbecues?

Take the first step toward a new home in 2024 by visiting any of our Austin-area communities and talking to our sales representatives about how you can save. But hurry — this special incentive ends Feb. 29.