124 Adina Dr, Dripping Springs, TX 78620
4 beds · 3 baths · 2,677 sqft
Experience the charm of Central Hill Country living in this beautiful single-story home that's loaded with upgrades, ideally situated in the sought-after Founders Ridge community. Boasting nearly 2,700 square feet of living space, this spacious 4-bedrooms with a home office, 3-bathroom home offers a perfect blend of luxury, functionality, and style. Located in the highly-rated Dripping Springs ISD, this home provides easy access to top schools, walking trails, open green spaces, and community amenities like a playground—all with low taxes and no MUD. Positioned less than half a mile from Dripping Springs Elementary, just 2 miles from the DS Middle School, and 1.4 miles from DS High School, convenience is key. Enjoy easy access to downtown Dripping Springs on Mercer Street, with its charming shops and restaurants, and a short drive to Belterra Village and Bee Cave Galleria. Upon entry, you'll be greeted by soaring ceilings and an open-concept floor plan, creating an airy, welcoming atmosphere. The heart of the home is a large kitchen adorned with stunning quartz countertops, upgraded custom cabinetry and a huge island complemented by an oversized breakfast nook ideal for hosting family gatherings or casual meals. The formal dining room could also double as a second living space, offering flexible options for your lifestyle. The generous owners’ suite serves as your private retreat, with soaring ceilings, granite countertops, a soaking tub, double vanity with ample storage, and a large walk-in closet. The thoughtful Windsor floorplan offers excellent bedroom separation for ultimate privacy, making it ideal for families. For those who love to entertain, the backyard is an absolute showstopper. Step outside to an expansive covered patio and a large gazebo and outdoor fireplace surrounded by modern landscaping, providing the perfect setting for outdoor relaxation or gatherings.
Source: ACTRIS #7552354
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: ACTRIS #7552354
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.