3125 Rabbit Creek Dr, Georgetown, TX 78626
4 beds · 3 baths · 2,590 sqft
Welcome home to this stunning Perry Built residence nestled in the heart of Teravista, a prestigious 1,500-acre master-planned community established in 2001. This single-story gem offers a lifestyle of comfort and luxury, enhanced by its unique floor plan and prime location. Upon entering, you are greeted by an expansive foyer that sets the tone for the spacious interiors within. Immediately to your left, a generously sized bedroom provides convenience and flexibility for guests or home office space. The home features 2 en-suites, each offering privacy and comfort, ideal for multi-generational living or hosting overnight guests. The interiors boast soaring ceilings throughout, creating an airy and open atmosphere that is both inviting and elegant. A split floor plan ensures privacy, with the main en-suite positioned for tranquility and relaxation. Here, you'll find a garden tub perfect for soaking away the day's stress, complemented by a large walk-in shower. Dual walk-in closets with high ceilings provide ample storage space, catering to all your organizational needs. For those who appreciate the outdoors, this home is ideally situated within walking distance to a splash pad and park, offering endless opportunities for recreation and relaxation. Additionally, golf enthusiasts will find themselves in paradise with the option to purchase a golf membership that includes access to the prestigious Blackhawk, Avery Ranch, and Teravista golf courses. Also if you are interested in alternative learning, Gateway College Prepatory School is conveniently location near Teravista. Experience the epitome of Teravista living in this meticulously designed Perry Built home, where luxury meets convenience and every detail is crafted with comfort in mind. Don't miss your chance to call this exceptional property your new home sweet home. Schedule your private tour today and envision the lifestyle that awaits you!
Source: ACTRIS #5161857
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #5161857
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: #5161857
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.