101 Aldea St, Georgetown, TX 78633
4 beds · 4 baths · 3,285 sqft
This stunning single-story home, situated on a huge one-acre lot has it all! The space you want with the convenience you need, this home mixes modern comfort with timeless style! Boasting 4 bedrooms, 3.5 bathrooms, and over 2,500 square feet of well-designed living space, this home is perfect for both relaxation and entertainment. The open floor plan features soaring ceilings, abundant natural light, and a neutral color palette, creating a warm and inviting atmosphere throughout. The gourmet kitchen is a chef's dream, with granite countertops, stainless steel appliances, a large center island, and ample cabinet space. It flows seamlessly into the living area, ideal for hosting gatherings or enjoying cozy nights by the fireplace. The primary suite is a private retreat with a luxurious en-suite bathroom, featuring a soaking tub, dual vanities, a separate shower, and a generous walk-in closet. Equipped with full home spray foam insulation and a very efficient heat pump, your electricity bill won't break the bank even in the hot Texas summers. Outside, the expansive backyard on your acre lot is ready for anything you can dream up! With a covered patio, perfect for grilling or relaxing, surrounded by thoughtful landscaping and plenty of space for outdoor activities, gardening, or simply enjoying the peaceful surroundings. Enjoy entertaining around your huge wood burning fireplace, just think pizza and s'mores. Additional features include a 3-car garage, a dedicated laundry room, and a flexible bonus space. For outdoor enthusiasts, this home is just minutes from the scenic 26-mile Goodwater Trail that circles Lake Georgetown, providing endless hiking and biking opportunities. Located in a booming area, you'll also be close to new schools, shopping, and eateries, making this home the perfect balance of serene suburban living with convenient access to everything Georgetown has to offer.
Source: ACTRIS #5408033
Source: ACTRIS #5408033
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #5408033
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.