Welcome to this beautifully maintained home, located on a premium 1/4 acre corner lot in the Siena neighborhood. Offering 3 bedrooms, 2 baths, a dedicated office, and a flex space that can easily serve as a 4th bedroom—perfect for growing households or those needing extra flexibility. A spacious 3-car garage adds versatility, with the third bay fully insulated and equipped with AC—perfect for a workshop & easily converted back to a functional garage. Inside, you’ll find a thoughtfully designed open floor plan with high ceilings and expansive windows adorned with elegant plantation shutters, filling the home with natural light. Gorgeous wood flooring flows through the main living areas, complemented by tile in the kitchen and wet spaces. The inviting living room showcases a striking floor-to-ceiling fireplace and seamlessly connects to the dining area and kitchen, complete with granite countertops, a breakfast bar, stainless steel appliances, a pantry, and abundant stained wood cabinetry with convenient pull-out drawers. A dedicated office with French doors sits at the front, offering a quiet workspace, while a versatile flex room can easily function as a formal dining room, hobby space, or even a fourth bedroom. The spacious primary bedroom features bay windows and an ensuite bath with dual vanities, a frameless glass shower with seating, and a large walk-in closet with built-ins. Two additional bedrooms share a full bath, providing comfort and flexibility for guests. Step outside to enjoy the expansive backyard and side yards, complete with a covered patio and extended wraparound patio. A hot tub conveys with the home, along with two sheds and an outdoor storage cabinet. Just steps away, enjoy community amenities, including two pools, playgrounds, sport courts, scenic trails, and parks. Located within walking distance to the zoned elementary and middle schools, and just minutes from shopping, dining, recreation, and major highways including US-79, TX-130, and I-35.
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.
