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114 Trailridge Rd

Georgetown, TX 78633

3 beds · 2 baths · 1,592 sqft

$465,000

$3,637/mo at 5.743% with Roam

$3,951/mo at 7% with a bank loan

Get prequalified

About this home

Discover this meticulously updated 3-bedroom, 2-bathroom home on a sprawling 2-acre lot, boasting luxury vinyl plank flooring, Dallas white granite countertops, and a large front porch with stunning views, perfect for those seeking privacy and versatility. Ideal for hobbyists and vehicle enthusiasts, the property features a climate-controlled 2-car attached garage, a 24’x24’ detached garage/workshop with RV hookup, four additional carports for up to 10 vehicles, a 22x31 powered carport, a 12x30 storage shed with power and internet, an L-shaped carport with BBQ area, an 18x30 RV carport, an 8x10 storage shed, a greenhouse, and a rainwater collection system, all with a dedicated electric meter. Enjoy a low tax rate and proximity to Georgetown’s vibrant downtown square, just 2-3 miles away, offering lively dining and entertainment at spots like Barrels and Amps and Roots with upscale bar food, craft cocktails, and live music, plus family-friendly venues like District Six and Scoops for arcade games and nostalgic ice cream experiences. Conveniently located near H-E-B Plus, top-rated schools (Jo Ann Elementary, Douglas Benold Middle School, and Georgetown High School), and toll roads (SH 130 and 183A) for an easy commute to Austin, this property is a rare gem for modern living with unmatched outdoor amenities.

1,592 sqft
2 acres
Single Family
Built in 1985
4 car garage
Air conditioning
Fireplace

Source: ACTRIS #7326766


$3,637/month
Compared to $3,951/mo with 7% bank loan

$395,250
26y 7mo
5.743% 7%
$222,466 at 3.69% (VA)
$172,783 at 8.125%

Payments are estimates and subject to approval. To learn more about rates, contact us.


5-year savings

Compared to a conventional mortgage
Roam
Bank
Principal & interest
$2,419
$2,733
Property taxes
$794
$794
Mortgage insurance
-
-
Home insurance
$399
$399
HOA fees
$25
$25
Monthly total
$3,637
$3,951
5-year total
$218,258
$237,092

Loan details
Loan type
VA
Remaining balance
$222,466.26
Remaining term
26 yrs and 7 mos
Neighborhood
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FAQs

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.

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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

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Last updated: Aug 08, 2025 09:25 pm
Listing agent: LJ John
Listing provided courtesy of: Hart of Texas (940) 300-6104
Details provided by ACTRIS and may not match the public record.
MLS ID: #7326766
Based on information submitted to the MLS GRID as of Aug 13 2025 - 06:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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