146 Raindance Cv, Austin, TX 78737
4 beds · 3 baths · 2,550 sqft sqft
BEST VALUE in gated community! GREENBELT lot! (Highpointe is in Dripping Springs ISD and Hays County, Austin is only used by Post office) Open concept single story. Meticulously maintained! Recent roof, gutters, paint, and AC! Nestled in low traffic cul-de-sac! The kitchen is the heart of this home with ample cabinet and countertop space, breakfast bar service island and family workstation. Floorplan offers two functional flex spaces: formal dining, home office, school room, gym! Primary suite is HUGE with large windows and natural light. Primary bath offers separate tub and shower, double vanity and MASSIVE, all season walk-in closet! Spacious secondary bedrooms and hall bath. Bonus: NO CARPET! Enjoy the outdoors year-round in your ginormous backyard with an outdoor kitchen, fire pit and greenbelt views. Endless community amenities for the active, outdoor enthusiast! Hike and bike trails, parks and resort styled pool with club house. Residents attend renowned Dripping Springs ISD with Sycamore Elementary and Middle School adjacent to neighborhood entrance. Easy access to 290. Minutes from shopping, dining, entertainment! Deets: 4BR, 2.5BATH plus FLEX SPACE! LOW HOA! LOW TAX RATE! Rare OPPORTUNITY to own in Highpointe for un $600K!
Source: ACTRIS #2524161
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #2524161
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: #2524161