1955 Desiree St, Canyon Lake, TX 78133
3 beds · 2 baths · 1,715 sqft sqft
This exquisite ICF (Insulated Concrete Forms) home, featuring a durable metal roof and partial vinyl fencing, is nestled on 1.46 acres of beautiful land, offering a perfect blend of eco-friendly living and modern elegance. Stepping inside this 3-bedroom, 2-bathroom home you're greeted by an open floorplan designed for comfort and convenience. This home features a stunning rock fireplace, creating a cozy ambiance perfect for gatherings or quiet evenings at home. You'll also find a hidden room tucked away in one of the bedrooms, adding a touch of mystery and intrigue to the space. The 12-inch thick walls not only provide superior insulation, making the home incredibly energy-efficient, but also create beautiful window seats in each window. The enclosed back porch is a true highlight of the home, providing a serene retreat with panoramic views of the lush property. Imagine sipping your morning coffee while overlooking the sprawling oak trees and seasonal creek that borders the property. Plus, with a short walk to the clubhouse, complete with pool, volleyball courts, and other amenities, you'll have everything you need for outdoor recreation right at your fingertips. This home also includes a water softener and reverse osmosis system, ensuring the highest quality water for your family. There's even a hook-up for an RV. If you have horses, you'll be pleased to know they are allowed, and there's plenty of space for them to roam on this beautiful property. The ICF construction provides numerous benefits; from enhanced energy efficiency to superior durability and soundproofing, allowing you have enjoy peace of mind knowing your home is built to withstand the test of time while minimizing environmental impact. This home offers the perfect combination of luxury and sustainability. Don't miss your chance to make this dream retreat yours - schedule your showing today!
Source: SABOR #1815389
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1815389
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: #1815389
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.