The Best Value in Kyle – Move-In Ready with Major Upgrades! 4 Bed | 2 Bath | 2,047 Sq. Ft. | 2.25% Tax Rate Stop renting and start building equity! This move-in-ready gem is the perfect "stress-free" find for a first-time buyer. While other homes at this price point come with hidden "to-do" lists, this property has already had the expensive work done for you. The "Big Ticket" Items Are Done: Buying your first home is a major investment, and these recent updates mean you won't have to worry about massive out-of-pocket repairs for years: Brand New Carpets (2026): Fresh, plush, and never lived on, HVAC Updated (4 Years Ago): Stay cool in the Texas heat with a reliable, newer system, Water Heater Updated (3 Years Ago): Energy efficiency and peace of mind from day one, Updated Stove (2 Years Ago): Modernized and ready for your first housewarming dinner, All Appliances Included: Forget the $3,000+ trip to the appliance store—the refrigerator all stay with the home! Why This is the Smart Move for First-Time Buyers: In today’s market, "affordability" isn't just the sticker price—it’s the monthly cost. This home offers a double-win for your wallet: Lower Monthly Payments: The remarkably low 2.25% tax rate can save you hundreds of dollars every month compared to nearby new-construction communities. Zero "Day-One" Costs: With the major systems updated and all appliances included, you can put your "emergency repair fund" toward furniture or savings instead. Property Highlights: Space to Grow: 2,047 sq. ft. featuring a bright, open-concept floor plan and wood-style flooring.Curb Appeal: Beautiful stone and siding exterior with a charming covered front porch.Prime Location: Minutes from IH-35 for an easy commute to Austin or San Marcos. Don't settle for a "fixer-upper" or high-tax new builds. Get the space you want with the financial security you need. Schedule your showing today!
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.
