365 Lowell Allen Rd, Waco, GA 30182
6 beds · 5 baths · 4,600 sqft
Welcome to this luxurious retreat nestled amidst the picturesque countryside. This exquisite farmhouse combines rustic charm with modern elegance, offering an unparalleled living experience. The entrance into the estate is an all-concrete driveway that allows you to see the beauty of the property that is tucked away in its own private oasis. As you step out of your vehicle, you are welcomed by a huge veranda with wooden pillars that add character to the exterior of the home, which is the perfect outdoor location for the entire family to sit and enjoy some hot chocolate and s'mores on a chilly fall evening. Once you enter the home you will be greeted with an exquisite living experience. The main level opens up to a spacious an open floor concept, flooded with natural light. To the left as you explore this almost new home, you can enjoy a quick meal at the breakfast table or grab a hot cup of coffee at the island of the home's gourmet kitchen, which features top-of-the-line stainless steel appliances, solid surface counters, uniquely designed stone backsplash, a walk-in pantry with a rustic barn door, and custom cabinetry. With perfect accents of white, black, and wood trim, this gorgeous home also has beautiful finishes throughout. As you navigate to the right of the main level you will find the living room and dining room area, and just a few feet away a door exiting to a large deck which is the perfect location for an al-fresco dining experience. Moving on to the remainder of the main level, you will find the spacious Primary Suite which boasts a tall, coffered ceiling, large walk-in closet, and towering windows that offer picturesque views of the sprawling greenery that surrounds the home. The en-suite has a clawfoot soaking tub, stand-alone glass door shower, dual vanities, and decorative flooring, and adjoins to an additional bedroom that could easily be a dream closet, nursery, bedroom, or office. The remaining three bedrooms on the main level are warm and cozy, all offering walk-in closets with ample room for all of your finest attire. As you make your way to the second level of the home you will be immersed in an oversized loft/media room, which also has a wet bar for entertaining. The fifth bedroom on this floor is spacious and has its own bathroom for ultimate privacy. The terrace level is a spectacular space that is an additional 1,200 square feet. As you enter, you walk into a large sitting area, and just a few feet away there is another space for entertaining nestled away behind two privacy walls; it's the perfect place for having a game night or simply playing video games with the family. There is also a massive storage room that is the length of the home and perfect for storing holiday decor, riding bikes, and so much more. This entire space can be enjoyed as an in-law suite having its own private bedroom and bathroom, and it is the ideal place in the home for family game nights, or for hosting themed events for special guests. Step outside from the terrace level to discover the true beauty of this home featuring a beautiful creek on its massive 8-acres of land, which is walkable and provides peace and serenity for nature lovers. The expansive grounds feature a meticulously landscaped yard and just up the stairs you can circle back to the charming deck area that is perfect for outdoor gatherings. Enjoy breathtaking views of the surrounding countryside from the comfort of your own backyard. Just an 18-minute drive to the neighboring city, Carrollton, and Located only 45 minutes West of Downtown Atlanta, this luxury farmhouse provides a serene escape from the hustle and bustle of everyday life while still offering convenient access to amenities and entertainment. Secure this home's 2.65% assumable mortgage, save thousands annually, and close in 45 days. Buyer must be approved by Lender in order to qualify.
Source: GAMLS #10366364
Source: GAMLS #10366364
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: #10366364
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.