1156 Fairway Dr W, Hideaway, TX 75771
4 beds · 3 baths · 2,531 sqft
Nestled in the heart of the highly sought after Hideaway Lake community, this stunning 4-bedroom, 3-bathroom home offers an exceptional blend of comfort, luxury, and resort-style living. With 2,531 sq. ft. of thoughtfully designed space, this property is perfect for those seeking both relaxation and entertainment. Step inside to find a spacious, layout featuring high ceilings, abundant natural light, and elegant finishes throughout. The inviting living area boasts a cozy fireplace, seamlessly connecting to the dining space and gourmet kitchen. Equipped with sleek countertops, ample cabinetry, and modern appliances, this kitchen is a chef’s dream. The primary suite is a true retreat, complete with a en-suite bathroom featuring dual vanities, a soaking tub, and a walk-in shower. Three additional generously sized bedrooms provide plenty of space for family or guests, while the three well-appointed bathrooms ensure convenience for all. A standout feature of this home is the beautiful sunroom, offering a bright and airy space to relax and soak in the natural surroundings year-round. Whether you're enjoying your morning coffee or unwinding in the evening, this sunroom provides the perfect setting. There is also a man cave or den or office or craft room with a separate entrance. Step outside to your private backyard oasis, where an in-ground pool awaits—perfect for cooling off during warm Texas summers. The spacious patio area offers an ideal spot for outdoor dining, entertaining, or simply unwinding with serene views of the surrounding landscape. Situated in the gated Hideaway Lake community, residents enjoy access to golf courses, fishing lakes, parks, tennis courts, and a clubhouse. With easy access to shopping, dining, and top-rated schools, this home offers the best of both tranquility and convenience. Don’t miss this rare opportunity—schedule your showing today!
Source: NTREIS #20884146
Financials
Source: NTREIS #20884146
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.