413 S Tyler St, Mcgregor, TX 76657
3 beds · 2 baths · sqft
Step into this beautifully renovated home in the heart of McGregor, Texas, where classic charm meets modern design. As you enter, the original refinished hardwood floors guide you through a space that blends comfort with style. The spacious living and dining area, highlighted by gleaming floors and a stylish shiplap accent wall, creates an inviting atmosphere for gatherings and relaxation. The kitchen has been thoughtfully updated with a fresh coat of paint and stunning granite countertops. The timeless white cabinetry, paired with updated fixtures, enhances function and beauty, making it a welcoming space for cooking and daily living. The primary bedroom is a peaceful retreat with generous space and natural light. The en suite bathroom features sleek modern updates, including a butcher block countertop, a crisp white vanity, and contemporary fixtures. The secondary bathroom is equally impressive, with new countertops, updated fixtures, and fresh paint. Thanks to the beautiful hardwood floors and large windows, each secondary bedroom is filled with warmth and light. The cozy office/den provides a quiet space to work, with tranquil views of the backyard. The fourth bedroom is a versatile space that can easily be transformed into a hobby room, playroom, or additional living area, ready to meet any need. A newly added laundry room enhances functionality, featuring a new sink, ample space for laundry appliances, and practical storage solutions. Updated baseboards and fresh paint throughout bring a clean, cohesive look that highlights the warmth of the wood floors. The spacious covered carport creates a comfortable outdoor area, perfect for warm weather enjoyment. The large backyard, shaded by mature trees, invites leisurely afternoons spent gardening, playing, or relaxing in nature. This home seamlessly blends timeless character with thoughtful, modern updates, creating a space where life’s moments can be cherished and new memories can unfold.
Source: CENTRALTEXAS #564511
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #564511
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: #564511
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.