16420 Cowboy Trl, Justin, TX 76247
3 beds · 2 baths · 2,087 sqft
Nestled in the highly desirable Harriet Creek Ranch, this stunning home offers both comfort and style with a layout designed for flexibility and ease. The spaciousness flows seamlessly throughout the home, creating an open, airy feel that’s both inviting and functional. One of the standout features is the split master suite, thoughtfully designed to provide a private retreat from the rest of the household. The master bedroom comes complete with a walk-in closet and dual vanities, making mornings a breeze with plenty of space to prepare for the day. Relax and unwind in this serene haven at the end of the day, enjoying the privacy and comfort it offers. With four bedrooms, this home ensures ample space for various needs. The fourth bedroom features stylish French doors and can easily be used as a home office, library, or creative studio, providing the perfect balance between functionality and elegance. Whether you work from home or need a quiet space for hobbies, this room offers endless possibilities. This home truly shines with its two distinct living areas, one of which boasts a cozy fireplace that invites you to gather around on chilly evenings. Beyond the walls of this beautiful residence, Harriet Creek Ranch offers a vibrant community atmosphere. Just a short stroll away, you’ll find a community pool and play area, perfect for warm summer days or a quick dip to cool off. With nearby walking paths and recreational spaces, there’s something for everyone right within the neighborhood. This home in Harriet Creek Ranch combines elegance, flexibility, and location, offering a wonderful place to live and grow.
Source: NTREIS #20777926
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20777926
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: #20777926
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.