2421 Carretera Dr, Leander, TX 78641
4 beds · 4 baths · 3,231 sqft
Benchmark Mortgage is offering 1% of the loan amount as a buyer credit when the seller accepts an offer with Benchmark Mortgage as the lender. Lowest PP/sqft in Palmera Ridge. Welcome to this stunning 1.5-story home located in the highly desirable Palmera Ridge community. Priced to sell, this is the lowest price per sqft in Palmera Ridge. This exquisite residence boasts 4 main-floor bedrooms, 3.5 baths, a dedicated home office, game room, and more, all within a spacious 3,231 square foot interior. With its impressive curb appeal, this home features stone and brick on all sides, complemented by meticulously maintained landscaping that creates a warm and inviting first impression. Step inside to discover high ceilings, gorgeous hardwood flooring, and abundant natural light throughout the open-concept floorplan, perfect for entertaining. The spacious living room, with its cozy fireplace, seamlessly connects to the kitchen and dining area, fostering a sense of togetherness. The dining area is highlighted by a modern chandelier, adding a touch of elegance and sophistication to every meal. The kitchen is a chef's dream, complete with a center island, breakfast bar, granite countertops, ample storage, and sleek stainless-steel appliances, including a gas cooktop. Retreat to the private owner's suite, a sanctuary of tranquility, featuring a tray ceiling, custom walk-in closet, and a luxurious en-suite bath equipped with separate granite-topped vanities, a soaking tub, and a separate walk-in shower. The main floor also includes a stylish home office with french doors, providing a quiet space for productivity, along with three additional guest bedrooms. Upstairs, you'll find a large game room, a full bath, and a charming reading nook, providing additional space for relaxation and recreation. The backyard is a private haven, featuring a covered patio beckoning to be reimagined. Don't miss the opportunity to make this exceptional home in Palmera Ridge yours.
Source: ACTRIS #4754813
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #4754813
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: #4754813
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.