200 Serenada Dr, Georgetown, TX 78628
4 beds · 3 baths · 2,559 sqft
Beautiful Park-Like Home on 1.46 Acres! Welcome to your dream retreat! This stunning 4-bedroom, 3-bath home is nestled on 1.46 acres of lush, park-like grounds, offering privacy and serenity while being conveniently close to amenities. With approximately 2,600 sq. ft. of thoughtfully designed living space, this home is perfect for families and entertaining. Main Home Features: Step into a welcoming entryway with beautiful tile flooring that flows into the dining and kitchen areas. Enjoy cooking in a stylish kitchen featuring quartz countertops and ample storage space. Gather around the fireplace in the spacious living room, perfect for relaxing with family and friends. The entire home has been freshly painted, providing a bright and inviting atmosphere. The garage has been recently epoxy-coated, giving it a polished and modern finish. Outdoor Oasis: Dive into the above-ground pool with an expansive deck, ideal for summer fun and gatherings. A charming 1000 sq. ft., 2-bedroom, 1-bath guest house offers versatility for multi-generational living or extra income potential as an Airbnb. Enjoy the convenience of a newly paved driveway leading to your peaceful retreat. The spacious yard includes a play structure (which can stay or be removed), a chicken coop (the seller will consider leaving the chickens), and a garden with a shed. Enjoy outdoor activities with a horseshoe pit, washer pit, and zip line for endless fun! The property is adorned with beautiful trees, providing shade and a serene atmosphere. Recent Updates: Roof: Replaced in December 2023 for added peace of mind. AC System: Replaced in 2018, ensuring comfort throughout the seasons. This exceptional property is more than just a home; it’s a lifestyle filled with comfort, beauty, and opportunity. Don’t miss your chance to own this unique gem—schedule your private showing today!
Source: ACTRIS #9237713
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #9237713
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: #9237713
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.