1016 Plateau Trl, Georgetown, TX 78626
3 beds · 3 baths · 1,696 sqft
Beautifully updated 2-story home perfectly nestled in an established community with unbeatable access to nearby attractions—just 5 minutes from IH-35 and SH 130, 15 minutes to Dell Diamond and Kalahari Resort, and only 10 minutes to the charm and history of Downtown Georgetown! From the moment you arrive, you'll be captivated by the inviting curb appeal, featuring a classic brick exterior, a 2-car garage, and a welcoming covered front porch. Inside, the open-concept layout is bathed in natural light, with fresh paint and stunning luxury vinyl plank flooring that flows seamlessly throughout. The spacious living room boasts a soaring ceiling and opens to a stylish eat-in kitchen with granite countertops, a breakfast bar, abundant storage, and quality appliances—perfect for both everyday living and entertaining. Retreat to the main-floor primary suite, a private oasis complete with a vaulted ceiling, walk-in closet, and a spa-like en-suite bathroom, featuring a generous vanity and an oversized walk-in shower with a bench seat. The main floor also includes a half bathroom and a spacious laundry room for convenience. Upstairs, discover a versatile game room/flex space, two well-appointed bedrooms, and a shared bathroom. Step outside to your large fenced backyard with a covered patio, ideal for outdoor gatherings, and unwind in the luxurious hot tub (installed in 2022 with warranty). Recent updates include a new HVAC system (8/2021) and a brand-new roof and fence (10/2024), ensuring peace of mind for years to come. Plus, enjoy fantastic community amenities like the pool, park, playground, sports court, and walking trails. With its prime location near major attractions and the quaint charm of Historic Downtown Georgetown, this home truly has it all. Schedule a showing today!
Source: ACTRIS #8027573
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #8027573
Source: Public records
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: #8027573
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.