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955 Mansfield Rd, Tavares, FL 32778
3 beds · 3 baths · 2,074 sqft
ZONING FOR MULTIFAMILY!!! Discover this stunning property located in the charming city of Tavares, offering private access to the beautiful Lake Dora. This freshwater lake, nestled in Central Florida, is part of the well-known Harris Chain of Lakes — a network of connected lakes famous for their natural beauty, boating, and recreational activities. Situated directly on Lake Dora, this spacious and elegant home features three bedrooms and three bathrooms. The interior showcases an open-concept design that seamlessly blends the living, dining, and kitchen spaces, ideal for family gatherings and entertaining. Expansive windows throughout the home flood the space with natural light and provide breathtaking views of the pool, lush surroundings, and the lake itself. The kitchen is outfitted with premium appliances, granite countertops, and custom design elements that add unique character. The home sits on a generous lot, offering plenty of privacy and room for outdoor fun. A large back patio invites you to enjoy al fresco dining, relaxation, and entertaining guests. The grounds extend all the way to the crystal-clear edge of Lake Dora, making this a truly exceptional waterfront property. A spacious garage accommodates multiple vehicles, and an additional two-bay structure offers ample storage for your needs. This secondary building is separate from the main home and includes RV hookups for a motorhome. Conveniently located near downtown Tavares, you'll have easy access to fine dining and entertainment. Fully renovated, this home is a paradise for those who love life by the water — complete with a private dock and boat slip. This property is truly a must-see.
Source: STELLAR #S5127300
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5127300
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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