264 Hedgewood Dr, Waxahachie, TX 75165
3 beds · 4 baths · 2,266 sqft
Welcome to this stunning Lillian Custom Home in the sought-after community in Waxahachie! Barely lived in and full of charm, this home offers the perfect blend of elevated design and everyday comfort with 3 spacious bedrooms, 2 full baths, 2 convenient half baths and an art home office. From the moment you walk in, you're greeted by a dedicated office space with elegant French doors—perfect for working from home, virtual meetings, or even your dream library. The open-concept living area is flooded with natural light and flows seamlessly into a gourmet kitchen featuring quartz countertops, a large island, stainless steel appliances, and a double oven—ideal for home chefs and entertainers alike. The split floor plan offers privacy for the oversized primary suite, which feels like a true retreat with a luxurious ensuite bath complete with dual vanities, a soaking tub, separate shower, and an expansive walk-in closet. Two secondary bedrooms and a full bath are tucked on the opposite side of the home, providing plenty of space for guests, kids, or roommates. Upstairs, a versatile loft offers space to create your dream game room, media lounge, or cozy hideaway. Whether you're hosting guests or enjoying a quiet night in, the layout offers flexibility for every lifestyle. Step outside to a covered patio and spacious backyard—ideal for entertaining, gardening, or relaxing with your morning coffee. Additional features include smart home technology, energy-efficient windows, and an oversized garage. Located just minutes from shopping, dining, and schools, with easy access to major highways, this home delivers the charm of small-town living with all the modern conveniences. If you’ve been searching for a move-in ready home with space, style, and thoughtful upgrades—this is it!
Source: NTREIS #20883303
Financials
Source: Public records
Source: NTREIS #20883303
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.