4033 Outpost Trce, Lago Vista, TX 78645
3 beds · 2 baths · 2,038 sqft
$7,500 towards buyers closing cost!!! Welcome home to this charming and spacious three-bedroom, two-bathroom home with a dedicated office and additional living area, nestled on a generous .28-acre lot. With a living area spanning 2,038 square feet, this property offers the perfect combination of living spaces to suite all your needs. Built in 2017, this homes still feels brand new and the current owners have made many upgrades since. They have added a mudroom, pocket French doors into the office, a koi pond, a garden, wooden accent walls and so much more! They even have the plans for the most amazing pool and outdoor living space! The large kitchen with breakfast bar opens up into the dinning space and living room, giving you the wide open space to interact with your guests while you entertain. The large office is perfect for those who work at home to have the quiet space they need, but could easily be converted into a 4th bedroom if needed. Priced to sell, you don’t want to miss this one! Experience the convenience of living next to amazing amenities and the beauty of nature, all within reach of this exceptional home. In addition to its natural beauty, this community offers a range of amenities to enhance your lifestyle. Enjoy Lago Vista’s winery, brewery, area golf courses, marinas, and performing arts, or take a 40-minute drive to downtown Austin or a 30-minute drive to The Domain to employment centers and entertainment offerings. For a minimal $17/month fee, you become members in the Lago Vista Property Owners Association with exclusive access to 9 private waterfront parks, basketball court, boat ramps, campground, disc golf course, fishing well, fitness center, hiking trail, marinas, parks, pavilions, pool, athletic field, tennis courts, pickle ball courts, playgrounds and more!
Source: ACTRIS #6956418
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #6956418
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 30-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: #6956418
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.