1304 ABACO HARBOUR CV, Round Rock, TX 78664
Welcome to 1304 Abaco Harbour, a charming cul-de-sac home in the heart of Round Rock, TX, priced to sell at $350,000. This beautifully updated, completely move-in-ready residence features a brand new roof, brand new smoke alarms, and fresh interior paint throughout. The home boasts new ceiling fans and canned lights, enhancing the modern feel. The garage, with ample space, has been meticulously re-taped and floated, while the exterior trim has been freshly painted. Enjoy the comfort of new carpet in the bedrooms and closets, new toilets, and a new shower door. Additional updates include a two-year-old high-quality water softener, a three-year-old AC unit that has been recently serviced, replaced wall plates, and a new back door. Step inside to find a spacious open layout perfect for families and entertaining. The kitchen, with its charming breakfast nook and window overlooking the rear grounds, offers a clear view into the living room, making it an ideal space for gatherings. The huge master bedroom provides a serene retreat with ample space and an en suite bath featuring a separate shower, soaking tub, and double vanities. The layout seamlessly flows into a private backyard with mature shade trees, perfect for outdoor activities and relaxation. Located right off Grand Avenue Pkwy, this home is a prime location in the heart of Round Rock, close to amenities and top-rated schools. The owner has lovingly maintained and cared for this home, ensuring it is in excellent condition for its next owners. This home also includes brand new sod and landscaping to the front exterior on 7/29/24. Don’t miss this incredible opportunity to own a well-loved home with numerous updates, all for $350,000. It’s a great deal in a fantastic location!
You may be able to put down less than the total down payment amount of $178,132 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #2309764