1902 Rutherford Dr, Leander, TX 78641
3 beds · 3 baths · 2,338 sqft
Exceptional value and incredible location with this beautifully remodeled 2,338-square-foot home, ideally situated in Leander's Ridgewood subdivision. Built in 2002, this wonderfully maintained property offers a spacious 3-bedroom, 2.5-bath layout with an open floor plan that caters to both comfort and style. The kitchen, completely renovated in 2022, shines with beautiful cabinetry, granite countertops, upgraded appliances, modern flooring, a coffee bar, and chic light fixtures, making it the centerpiece of the home. The primary suite is conveniently located on the main floor, while the upstairs features two large bedrooms and a versatile game room, perfect for family and friends needing their own space. Updates include interior paint and brand-new carpet upstairs, completed in May 2024, and a new roof was added in 2022 Enjoy additional living space with a fully enclosed, air-conditioned sunroom at the back of the house. Step outside to the private backyard, complete with a gazebo installed in 2021, providing the perfect spot for outdoor gatherings, barbecues, or watching the big game. Residents will love the community pool and the unbeatable location, just minutes from the TX-183A toll road and less than two miles from the Cap Metro light rail. With easy access to Costco, Whole Foods, and numerous dining and shopping options, this home offers a perfect combination of modern upgrades, a convenient location, and incredible value. Don’t miss out—schedule your showing today!
Source: ACTRIS #7836390
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #7836390
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: #7836390
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.