1150 Karsten Ridge Pass, Gunter, TX 75058
5 beds · 5 baths · 3,834 sqft
Like-new 5-bed home loaded with tons of upgrades sitting on a sprawling half-acre corner lot in a prestigious Fred Couples golf course community! The home's brick and stone front elevation makes a striking impression upon arrival. As you enter, you're greeted by a welcoming foyer and a formal dining area perfect for sharing a meal with those closest to you. Luxury vinyl plank flooring runs through the home's first floor, giving you flooring that's as durable as it is stylish. The open and inviting living room is flooded with natural light and features a modern tiled fireplace. It flows seamlessly into the kitchen, offering an ideal gathering space with its gorgeous island, butler's pantry, sleek quartz countertops, SS farmhouse sink, modern vent hood, coffee bar, double oven, and walk-in pantry. A stunning ensuite bathroom highlights the private primary suite with an oversized frameless walk-in shower, dual quartz vanity, and a huge walk-in closet. A downstairs guest bedroom, currently set up as a 2nd office, features a private bathroom, making it a perfect suite for guests or live-in family members. Take the party upstairs to the spacious living area, perfect for a game room or playroom. Enjoy family movie nights in the windowless media room, creating a true theater-like experience. A flex bonus room can be used to add more play space, exercise space, or tons of interior storage. Take in the scenic backyard from the expanded back patio with a pergola. Along with the wrought iron fencing, $50k of evergreen trees were added along the exterior of the yard to create extra privacy. Blueberry bushes and apple, peach, and pear trees combine with the 230sf raised bed garden to create a gardener's dream! A large 8' x 12' shed and an extra half-car garage give you even more storage space! Enjoy the convenience of living a short walk down the street with a private this-street-only entrance to the brand new Gunter Elementary School opening this Fall 2025!
Source: NTREIS #20806991
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: NTREIS #20806991
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 of Equal Opportunity Act.