Tucked into the scenic Maravilla community in the acclaimed Lake Travis ISD, this thoughtfully designed single-story home offers the rare balance of Hill Country tranquillity and everyday convenience. Surrounded by mature oaks and natural beauty, the home provides a true retreat atmosphere while remaining just minutes from the Hill Country Galleria, Lakeway amenities, parks, and Lake Travis. Inside, soaring ceilings, arched doorways, and abundant natural light create an open, airy feel. The spacious living areas are anchored by a striking stacked-stone fireplace and beautiful scored concrete floors. The open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen, making the home ideal for both entertaining and everyday living. The kitchen combines rustic warmth with elevated finishes, featuring rich wood cabinetry, granite countertops, stainless steel appliances, a large pantry, and a dramatic stacked-stone surround framing the cooktop and vent hood. An oversized breakfast bar with stone detailing provides generous seating and gathering space. The spacious primary suite offers a peaceful retreat with tray ceilings, abundant natural light, soft carpeting, and French doors opening directly to the covered patio. The ensuite bath features dual vanities with granite countertops, a jetted soaking tub, and a separate walk-in shower with extensive tilework, built-in bench seating, and glass enclosure. Outdoor living is equally inviting, with peaceful spaces to enjoy morning coffee under the oaks, quiet evenings on the patio, and spectacular dark Hill Country skies at night. Residents also enjoy proximity to Lakeway trails, parks, and iconic Lake Travis sunsets. Recent updates include exterior paint (March 2026), updated exterior lighting and ceiling fans, a Lennox HVAC system (2022), roof tile repairs (2024), a GE oven (2021), and a dishwasher (May 2026).
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
