15204 GUFFEY DR, Austin, TX 78725
Welcome to 15204 Guffey Drive, Austin, Texas - a beautifully designed single-story home that perfectly combines modern living with serene privacy. Built in 2015, this 3-bedroom, 2-bathroom home offers 1,670 square feet of thoughtfully planned space, ideal for comfortable living and entertaining. Prime Location: Just 10 minutes from the Tesla plant, this home is perfectly situated for those seeking convenience and proximity to major employment centers, while still enjoying the tranquility of suburban living. Mother-in-Law Floor Plan: The open-concept layout features a mother-in-law floor plan, offering privacy and flexibility with the main suite separated from the other bedrooms. This design is perfect for families, guests, or anyone in need of a quiet retreat. Open Concept Living: The heart of the home is the spacious, open-concept living area that flows seamlessly into the kitchen and dining spaces, making it ideal for both everyday living and entertaining. Private Backyard Oasis: The private backyard, which backs onto a green space with no back neighbors, is your own peaceful retreat. The uncovered concrete patio is perfect for outdoor dining, relaxing, or hosting friends and family. Low Tax Rate: Enjoy the benefits of a very low 1.5467 tax rate, making this home not only beautiful but also a smart financial choice. Don’t miss out on the chance to make 15204 Guffey Drive your new home. This property is a rare find in Austin, offering both convenience and affordability. Schedule your visit today and discover all the possibilities this home has to offer. Whether you’re looking for a peaceful retreat or a place close to work and play, this home has it all. Don’t wait, come see it for yourself!
You may be able to put down less than the total down payment amount of $140,625 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: #9898132