Located in the highly sought-after Rocky Creek community in West Austin and zoned to the acclaimed Lake Travis Independent School District, this beautifully designed 4-bedroom, 3.5-bath residence offers 3,380 square feet of thoughtfully curated living space in one of the area’s premier neighborhoods. With all bedrooms conveniently located on the main level, the mostly one-story layout lives with exceptional ease and functionality. The main level includes a private office, an inviting family room with a stone fireplace, and a formal dining room currently styled as a piano or music space, offering flexibility to suit your needs. A generous, sunlit breakfast nook provides a comfortable setting for casual dining and everyday living. The well-designed floor plan flows seamlessly and offers a variety of living options, making it both practical and inviting. A private guest suite adds comfort and convenience for visitors, while designer touches are thoughtfully incorporated throughout the home. Upstairs, a spacious game room with a half bath and large storage closet creates an ideal flex space for entertaining, media, or play. The backyard is designed for both relaxation and hosting. A covered patio with ample seating extends to an expansive deck, creating a seamless outdoor living experience. The resort-style pool features a natural stone surround, cascading water feature, and built-in slide, while a raised spa offers a peaceful place to unwind. Multiple lounging areas provide plenty of space to gather or enjoy the sun. Surrounded by mature trees and lush landscaping, the yard feels private and serene with green space for play or pets. A 3-car garage adds storage and convenience. With a brand-new elementary campus opening in 2027 and a move-in ready interior, this home presents an exceptional opportunity in one of West Austin’s most desirable communities.
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.
