1301 County Road 448, Taylor, TX 76574
3 beds · 2 baths · 2,686 sqft sqft
Welcome home! This gem is the perfect blend of luxury and comfort. Upon entering, you're greeted by a formal dining room and an office. The kitchen is a chef's paradise, complete with ample cabinetry, double ovens, stainless steel appliances, and an island fit for culinary creations. The family room boasts a cozy wood burning fireplace. Owner's retreat includes an ensuite bath with his and hers vanities, walk-in closet, separate shower and a garden tub with a fantastic view! Step outside to an outdoor living center oasis with gorgeous countryside views and a resort-style pool that features a waterfall and a large beach area with umbrellas! Enjoy over 30 acres of farm/equestrian land with two storage buildings, stock ponds, pens and fences. Guest quarters that include an additional 2 bed/2bath sit on its own parcel with its own power, propane, water and septic. A backup generator for the main home and pool were installed in 2021. Pool pumps with cellular control and HVAC for the main home were added in 2019. The back of the property faces downtown Taylor and is just a short 12 minute drive from the Samsung Semiconductor facility!
Source: ACTRIS #7552832
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #7552832
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.
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: #7552832