115 METHODIUS DR, Hutto, TX 78634
Eager to sell! Two-story beauty in the very popular and desired Carmel Creek in Hutto! The location alone is prime, with easy access to the neighborhood trails and luxurious amenity center, 685, 79 and 130 toll as well as all the new and upcoming places to eat and shop! Hutto is considered a close-nit community and well known for its historic Hippo mascot. Hutto's charm is balanced with growing parks, expanding retail options and a strong workforce. Main street is lined with shops, eateries, coffee, and sweet treat options and offers various festivals and community events throughout the year. This impressive Pulte home offers a secondary bedroom and bathroom on the main floor with the primary bedroom, 2 additional beds and baths with a game room space/loft area upstairs. The family room and kitchen are open and inviting with space for enjoyment, entertainment, and relaxation. Flex counter space off the kitchen to use as prep/bar/desk. Enjoy morning coffee or take in the sunset off the covered back patio with spacious yard. Carmel Creek is an ideal neighborhood with easy access to ABIA (29 miles), Downtown Austin (26 miles), Apple Campus (18 miles), Tesla (25 miles), The Domain (18 miles) and a quick drive to the future Samsung plant. For additional enjoyable adventures, quickly reach the Co-Op District, Dell Diamond for RR Express games, Kalahari Resorts and Old Settlers Park. As a bonus, explore the Hutto farmers’ market in the Silos on Sundays from 10-2, year-round! Don't miss your opportunity to experience life in this vibrant community and create memories in your new home!
You may be able to put down less than the total down payment amount of $0 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1131517