11011 Whiskey River Dr, Austin, TX 78748
3 beds · 2 baths · sqft
Discover your dream home in South Austin's coveted Shady Hollow community! This beautifully remodeled, single-story residence features 3 bedrooms, 2 full bathrooms, and a bonus ADU in the backyard complete with electricity and a mini split. Nestled in a peaceful area with no thru-streets, charming cul-de-sacs, and a nearby trailhead, this home offers an idyllic suburban lifestyle with access to excellent AISD schools and fantastic community amenities. The home boasts stunning curb appeal with full brick masonry, mature shade trees, lush landscaping, an updated roof (2022), and a welcoming front porch. Inside, enjoy a luminous living room with tall ceilings, crown molding, and sophisticated wainscoting. The space flows seamlessly into the kitchen and formal dining area, featuring a fireplace and a dry bar/café counter. The chef-inspired kitchen is updated with granite countertops, chic subway tile backsplash, and ample soft close cabinetry. The oversized primary suite exudes timeless appeal with an elegant board and batten accent wall and sophisticated built-ins. The private ensuite bath is fully remodeled with an antique dresser dual vanity, raised bowl sinks, modern fixtures, and a soaking tub/shower combo plus two walk-in closets. Extend your living space outdoors to a covered porch with a deck extension and a beautifully landscaped backyard with lawn, xeriscape, raised garden beds, and the detached studio. Updated energy efficient windows. Two car garage with epoxy floor. Shady Hollow residents enjoy a wealth of amenities, including a clubhouse with a pool, social events, parks, playgrounds, sports and tennis courts, and picturesque greenbelt trails. With a low 1.55 tax rate for 2024 and easy access to Mopac, you're just minutes away from dining, retail, and entertainment options, and only 14 miles from downtown. Don’t miss this opportunity to secure a Shady Hollow gem—schedule a showing today!
Source: ACTRIS #4740871
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #4740871
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: #4740871
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.