2912 Balfour Falls Ln, Austin, TX 78748
4 beds · 2 baths · 2,653 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully updated home, nestled against the 313-acre Bauerle Ranch Park, offering breathtaking views and access to miles of hiking and biking trails. The community amenities are top-notch, including a beach-entry pool, basketball court, and playscape. Plus, you’re zoned for the highly coveted Shady Hollow Schools: Baranoff Elementary, Bailey Middle School, and Bowie High School. Located on a quiet cul-de-sac, this 4-bedroom, single-story home is designed for comfort and functionality. One of the bedrooms offers flexibility as a home office or bonus space, while the open floor plan creates an inviting, spacious atmosphere throughout. Recent updates include fresh paint inside and out, new flooring, a sleek gourmet kitchen, and fully remodeled bathrooms. The primary suite is a true retreat, featuring new dual vanities, a luxurious walk-in shower, a free-standing tub with a floor-mounted filler, a wrap-around tile wall, and an oversized walk-in closet. Step out onto the extra-large covered porch to enjoy serene views of the park and watch wildlife through the wrought iron fence. This home is equipped with solar panels (roof replaced in 2020), full irrigation, and mature landscaping. The brick exterior on all four sides adds charm and quality, while the extra-wide lot and 3-car garage provide plenty of space for your needs. Inside, enjoy thoughtful touches like a gas fireplace, custom mantel, plantation shutters, crown molding, tray ceilings, and recessed lighting. The extended laundry room offers a sink and ample storage space. This is more than just a home – it's a lifestyle. Welcome to The Estates at Bauerle Ranch!
Source: ACTRIS #6700733
Source: ACTRIS #6700733
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.