3004 W Avenue T, Temple, TX 76504
3 beds · 2 baths · sqft
Charming 1961 Mid-Century Home with Original Details & Modern Updates in the Heart of Temple, TX Welcome to this beautifully maintained 3-bedroom, 2-bathroom home built in 1961, where timeless charm meets modern convenience. Nestled on a spacious over 1/3-acre lot in a desirable Temple neighborhood, this home boasts original hardwood flooring throughout and a layout designed for both comfort and style. Key Features:Original Hardwood Flooring: Rich, original hardwood floors flow throughout the home, adding warmth and character to every room.Flexible Bedroom/Office Space: The third bedroom is a versatile flex room—ideal as an office, living room, or even a guest space. A decorative fireplace adds charm, perfect for cozy holiday gatherings.Formal Living & Dining Areas: As you enter through the foyer, you'll be greeted by a formal living room with elegant pocket doors that open to a spacious formal dining room. The unique original brick planter is now a retro-inspired wet bar, setting the stage for memorable entertaining.Updated Kitchen: The kitchen features sleek granite countertops and plenty of storage space, ideal for preparing meals and hosting gatherings.Cedar Hall Closet: A classic touch, the cedar-lined hall closet provides storage for your winter wardrobe and extra linens. Spacious Backyard & Mature Trees: The expansive lot offers privacy, with mature trees and a large backyard perfect for outdoor activities, gardening, or simply relaxing in your own peaceful oasis. Recent updates include new shingles and a brand-new privacy fence, ensuring that the home is as functional as it is beautiful. Workshop/Storage Area: For hobbyists or those who need extra space, the oversized garage includes a workshop/storage area, adding even more versatility to the home.Meticulously maintained with designer touches and classic mid-century details, this home is ready to welcome its next owner.
Source: CENTRALTEXAS #564605
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #564605
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: #564605
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.