127 Pine Post Cv, Driftwood, TX 78619
4 beds · 4 baths · 3,732 sqft sqft
Returning to the market after freshly painted main common areas, kitchen cabinets and shutters! This beautiful, single level Hill Country home offers a fabulous floor plan! Situated on 1.49 acres of wrought iron fenced spacious grounds, this corner property offers wide open spaces and is located in the beautiful Rim Rock Phase One. The rear yard is adjacent to the community trail system and greenbelt, offering additional views to enjoy. Convenience to shopping, wineries, breweries, Salt Lick and Trattoria Lisina! This property is approximately 25 minutes to Austin's airport and Austin's surrounding area fun! The home features a covered porch entry leading to an open floor plan with a large family room with decorative stone fireplace, gourmet kitchen and dining room. With ease of access to the covered rear porch with fireplace, wood ceiling, outdoor kitchen and smoker makes indoor/outdoor entertaining so convenient. An office is located near the entry, as well as a guest bath. The kitchen is open to the family room, and has stainless steel appliances, granite counters, center island, breakfast bar, walk in pantry, and dining area. On one end of the home is the spacious primary suite with views of the sprawling back yard, bathroom with dual vanities, granite counter tops, walk-in shower, soaking tub and walk-in closet with built-ins. The other side of the home has a media/flex room with an additional three bedrooms. One bedroom is en-suite, and the other bedrooms have their own vanities in addition to a shared tub and shower area. The home lends itself to a great extended family floorplan. Additional features include a laundry room, dual zone HVAC, vaulted ceilings, arched details, wood floors, crown moldings, custom lighting, recessed decorative wall niches and areas, dual pane windows, natural light, plantation shutters, ceiling fans, and an abundance of storage. There is a three car oversized attached garage as well, and a wide driveway for additional parking.
Source: ACTRIS #9078226
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #9078226
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #9078226
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