3428 Wild Wood Dr, Belton, TX 76513
4 beds · 3 baths · sqft
Welcome to this beautifully updated home with exceptional investment potential. This property includes two subdivided parcels (PIDs 119013 and 119014) at the current price, providing ample opportunity for future development. The main residence offers 2,100 square feet of living space featuring four spacious bedrooms and three full bathrooms. The home boasts a functional in-law floor plan, multiple living and dining areas, and granite countertops in the kitchen. Enjoy the convenience of built-in electric appliances, including an oven, range, refrigerator, dishwasher, and microwave. The interior is adorned with laminate, tile, and wood flooring, complemented by double-pane windows for energy efficiency. Large kitchen windows perfectly frame picturesque views of Lake Belton, enhancing the home's bright and inviting atmosphere. Relax on the covered patio overlooking the private yard, perfect for outdoor gatherings. The property sits on a generous 0.199-acre lot with mature trees, providing a serene and shaded environment. Both the first and second stories offer breathtaking views of Lake Belton, adding to the home's allure. Additionally, PID 119014 presents a blank canvas for creative owners/investors. Currently set up as a garage/storage space, it holds the potential for a one-bedroom, one-bath remodel, making it an excellent long-term investment opportunity. Located within the Belton Independent School District, the property is close to schools, parks, and community amenities, including fishing, a lake, playgrounds, and parks. This home combines modern comforts with investment potential, making it a rare find in the Belton area.
Source: CENTRALTEXAS #545352
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #545352
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: #545352
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