1543 W CLARK ST, Bartlett, TX 76511
Welcome to this charming 4-bedroom, 3-bathroom, 3000 sqft home, originally built in 1945 and thoughtfully upgraded to meet modern needs. Located just 20 miles from Georgetown, this home combines the best of small-town charm with convenient amenities. Step inside and be greeted by an abundance of natural light streaming through the plantation shutters. The beautiful hardwood flooring throughout the home adds warmth and elegance. The living area boasts a cozy fireplace, perfect for family gatherings. The heart of the home is the island kitchen, featuring granite countertops that provide both style and functionality. Ideal for cooking and entertaining, the kitchen opens seamlessly to the living and dining areas, all located on the lower level. An office space is conveniently situated downstairs and can be easily converted into a bedroom if needed, though it lacks a closet. The additional bedrooms are located on the upper level, ensuring privacy and tranquility. The spacious backyard is perfect for outdoor activities and relaxation, featuring a wooden deck ideal for summer barbecues. The detached oversized garage offers versatile space that can be used for storage or as a workshop, catering to all your needs. This home truly offers a blend of historic charm and modern upgrades, making it the perfect place for your family to create lasting memories.
You may be able to put down less than the total down payment amount of $80,827 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: #4010914
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.