1101 Eagle Point Dr, Georgetown, TX 78628
4 beds · 5 baths · 3,706 sqft
Get a free consultation call with an expert in the mortgage assumption process.
NO HOA, LOW TAXES! Lowest priced home in neighborhood! Discover luxury living in this exceptional, spacious 4-bedroom, 4.5-bathroom (incl casita) home located in prestigious Fredrickson Ranch. This beautifully designed residence combines modern elegance with practical amenities, making it perfect for both relaxation & entertaining.Features:Spacious open-concept layout with a large living area; State-of-the-art Sonos sound system throughout the downstairs and outdoor patio; Media room for movie nights, sports or family gatherings; Impressive large, pivot front door with middle swing for dramatic entry; Gourmet kitchen with an oversized island, soft-close drawers & doors, & a large pantry; Remote-controlled sun shades for added comfort and convenience. Outdoor Oasis:Large, pool-sized backyard perfect for entertaining; A 15-foot swim-spa conveys with the property for year-round enjoyment; Attached casita accessible via a covered patio, ideal for visitors, family or private office; Outdoor oasis featuring a wood-fired pizza oven, large sitting area, and fireplace, surrounded by beautifully landscaped grounds with an automatic sprinkler system. Additional Highlights:Master en-suite with a luxurious walk-in/roll-in shower & separate jetted tub; Expansive walk-in closet; Energy-efficient features include spray foam insulation and a 24 kW Generac generator; Attached, climate-controlled, spray foam insulated 3-bay RV garage with a 14' door, 1/2 bath, and ample storage options; perfect for a car lift, RV, or boat; Attached 2-car garage and a detached climate-controlled single-car garage, could also be an office, with separate driveway. Security and Convenience:Ring cameras throughout the property for enhanced security; Wi-Fi coverage throughout the entire home, garages, and yard; Permanent eave lighting for effortless holiday decorating at the touch of a button Don’t miss this opportunity! Experience the perfect blend of luxury, comfort, and functionality.
Source: ACTRIS #5893785
Learn about how it works
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: ACTRIS #5893785
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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 620, 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 committed to and abides by the Fair Housing Act and Equal Opportunity Act.