280 Opossum Hollow Rd, Watertown, TN 37184
3 beds · 1 baths · 1,484 sqft
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A Timeless Treasure – Renovated 1800s Log Cabin in a Serene Country Setting. Nestled at 280 Opossum Hollow Rd, this beautifully renovated log cabin offers a rare opportunity to own a piece of history while enjoying all the conveniences of modern living. Set on a peaceful 1-acre lot in a country setting, the cabin perfectly blends the rustic charm of its origins with the upgrades necessary for today's lifestyle. As you step inside, you’re immediately welcomed by authentic hand-hewn logs and the timeless craftsmanship that reflect the character of early American living. Every corner of the home has been carefully updated to maintain its historical integrity while offering modern comforts. The new roof provides long-term security, while central heat and air ensure year-round comfort no matter the season. The home is illuminated by energy-efficient LED lighting throughout, creating a warm and inviting atmosphere. The kitchen and bath have both been fully remodeled, offering contemporary finishes that perfectly complement the home’s historic appeal. New flooring has been installed to preserve the cabin’s timeless beauty, and the addition of new windows floods the home with natural light, enhancing the warm, open feeling of the living spaces. The concrete patio offers the ideal setting for enjoying the tranquil outdoors, whether you're relaxing or entertaining guests. This move-in ready cabin isn’t just a home, it’s a living piece of history waiting to be embraced. With a layout that maximizes both function and flow, it offers everything you need for comfortable modern living, while its rich past gives it a distinctive personality that cannot be replicated. Located just 25 minutes from Lebanon, this cabin offers the perfect balance of rural tranquility and easy access to all the amenities. Qualifies for FHA, VA, USDA & CONVENTIONAL FINANCING MODELS.
Source: REALTRACS #2786651
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: REALTRACS #2786651
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.