1505 County Road 315, Jarrell, TX 76537
3 beds · 3 baths · sqft sqft
Embrace the warm feeling of being at home, with an opportunity to escape to one's own private countryside retreat! Experience the peace & comfort of quiet country living on an expansive custom built lot with acreage. Over 2,000 sq ft, full of rich built-in detail, much of which will convey. The beauty beyond the property’s entry gate begins with gorgeous views of the property, captivating at any time of the day, while seated on the spacious wrap around covered porch, equipped with ceiling fans. Upon entry, notice the abundance of natural lighting from the home’s large custom windows & french doors with plantation shutters throughout. Embrace the fullness of the main living area, designed with a high beamed vaulted ceiling, crown molding, & a custom designed, white stone, two story wood burning fireplace, perfect for desirable moments of warm & cozy relaxation. Enjoy hosting family gatherings, with use of a formal dining room, & large eat in kitchen. Uniquely designed with a nook, wainscoting decorated island, built-in glass paned cupboards, pantry, & double oven. The master suite is also located on the main level, with ease of access to the rear patio. Master bathroom features include an extended dual vanity, garden tub, & a large walk in closet with custom shelving & cabinetry, ideal for organizing! Transition to the second level with a curving, authentic hardwood, mahogany step case design that overlooks the lower level! The two additional bedrooms on this level share characteristics of large windows for natural lighting with views of the countryside. Both rooms have custom fit workspaces ideal for studying, working from home, or crafting. A full bathroom retreat is easily accessible for both rooms on this level. The spacious nicely kept, laundry room or mudroom is on the main level & provides access to the exterior. Outdoor features include mature landscaping, a shed, and a carport to convey. The property is 2.0 acres with no HOA! Schedule a tour today!
Source: CENTRALTEXAS #552192
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #552192
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: #552192
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.