5050 County Road 201, Liberty Hill, TX 78642
3 beds · 4 baths · 2,869 sqft
Nestled in the serene Liberty Hill landscape, this majestic 12.5-acre ag-exempt property offers an idyllic country lifestyle with modern amenities. The expansive wrap-around front porch welcomes you into a home designed with an open floor plan and high functionality. It boasts two large living areas that set the stage for relaxation and entertainment, complemented by a formal dining room for your special gatherings. The ground floor includes a convenient full bath with a shower and an additional half bath, ideal for guest use. Ascend to the second level where three bedrooms await, each promising comfort and privacy. The primary suite is a true retreat, featuring a balcony that offers breathtaking views of the Texas Hill Country. It includes a luxurious corner Jacuzzi tub and a separate shower in the primary bath, perfect for unwinding after a long day. Storage is plentiful throughout the home, with abundant cabinets ensuring everything has its place. Adding warmth to the family room is a cozy wood-burning stove, perfect for chilly evenings. The property doesn’t just cater to comfortable living but also supports a variety of outdoor pursuits. It includes a large workshop with an attached apartment, which features one bedroom, one bath, and a kitchen—ideal for guests (not included in sq. ft.). Additional structures include a well-maintained well house, a goat shed/barn equipped with water and electricity, and a chicken coop. Land features enrich this property further, with a wet weather creek enhancing the picturesque setting. This home is not just a residence but a lifestyle, offering peaceful country living with ample space to grow and thrive. Make 5050 County Road 201 your new sanctuary in the beautiful surroundings of Liberty Hill.
Source: ACTRIS #6230752
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #6230752
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: #6230752
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.