Discover the ultimate Texas Hill Country lifestyle at 4110 Tyx, where privacy, freedom, and natural beauty combine to create a retreat that enhances every aspect of daily living. Perched above Lick Creek with canyon views stretching across the horizon, this 4-bed, 3-bath cottage-style home offers a rare opportunity to enjoy outdoor living, and sustainable micro-farm life just minutes from conveniences, dining, and shopping. Life here is designed around the Hill Country experience. The upper level maximizes breathtaking views with the main living, dining, and kitchen areas, as well as three bedrooms, all oriented to capture sunrises, sunsets, and expansive canyon vistas. While the downstairs bedroom, full bath, and secondary living area provide flexibility for guests, multigenerational living, or rental income. Step onto the expansive deck to enjoy morning coffee, entertaining guests, or simply soaking in the serenity of nature—your daily backdrop becomes a source of relaxation and inspiration. Every corner of the home is designed to support the way you live, work, and unwind. For those seeking a connection to the land, this property is a true micro-farm retreat. The partially fenced backyard accommodates free-range chickens, raised garden beds, fruit trees, and pollinator-friendly native plants. With over 125 yards of enriched soil ready for vegetables, fruits, or honey production, this home allows you to live sustainably while enjoying the rewards of the land. Outdoor enthusiasts will appreciate direct access to Lick Creek, perfect for kayaking, fishing, or observing wildlife. Dramatic cliffs and natural cave formations enhance the sense of privacy, adventure, and wonder that make this property truly one-of-a-kind. Recent improvements include a water filtration system, septic updates, exterior and balcony upgrades, AC improvements, and a new hot heater. 4110 Tyx is more than a home—it’s a lifestyle.
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.
