169 Tierra Vista Dr, Kerrville, TX 78028
3 beds · 2 baths · sqft sqft
This pristinely cared-for home offers 3 bedrooms, 2 bathrooms, and 2,062 square feet of living space on a 1.2-acre lot, located in a peaceful and secluded part of the neighborhood, with the added benefit of a pond directly across the street. The home provides an ideal retreat for those seeking privacy and tranquility with Hill Country views that add to the serene atmosphere. The porch features yellow pine on the ceiling. The open floor plan enhances the flow of the home, with tile flooring throughout the main living areas, offering both durability and style. A sunroom off the main living area provides extra space to relax while enjoying natural light and the surrounding views. The third bedroom is currently used as an office, offering flexibility for a home workspace or guest room. The home includes a wood-burning stove and a smoke alarm. Also, with an irrigation system and central air, with a split unit in the den for additional cooling. The spacious owner's retreat is a true highlight, featuring his and hers closets, a dual vanity, and an extended walk-in shower with grab bars for added convenience. It's the perfect space for unwinding after a long day. Outside, the home offers a cozy, covered back patio, creating a perfect setting for enjoying the outdoors. The property is fully fenced for privacy and security, and the detached workshop/storage/hobby room shed in the backyard provides an ideal space for hobbies, work, or extra storage. With its pristine condition, secluded location, and scenic views, this home offers a peaceful, well-maintained living space with plenty of room for outdoor activities and personal projects. If you're looking for a quiet Hill Country retreat with all the comforts and conveniences of home, this property is a must-see.
Source: SABOR #1824560
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1824560
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: #1824560
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