5813 Gunnison Turn Rd, Austin, TX 78738
4 beds · 3 baths · 2,482 sqft
***Assumable VA Loan at 2.5%*** Discover your dream home in the coveted Sweetwater Community, renowned for its resort-style amenities and close proximity to Lake Travis. This stunning 1.5-story residence is situated on a corner lot, offering a spacious and open-concept floorplan with all 4 bedrooms conveniently located on the main floor and a versatile game room upstairs, perfect for family gatherings or as a private retreat. Step inside to be greeted by high vaulted ceilings, abundant natural light, and engineered hardwood flooring that flow throughout the main living areas, creating a warm and inviting ambiance. The expansive living room, featuring a cozy gas log fireplace, seamlessly connects to the eat-in kitchen, making it an ideal space for entertaining. Culinary enthusiasts will love the kitchen, complete with a center island, breakfast bar, quartz countertops, ample storage, and sleek stainless-steel appliances, including a gas range. The primary suite is a private sanctuary, featuring a spacious walk-in closet and an opulent en-suite bathroom, equipped with separate vanities, a soaking tub, and a separate walk-in shower, providing a spa-like experience at home. Outside, enjoy the beautifully designed outdoor space with a covered patio and a wood deck surrounding an above-ground hot tub. This serene setting is perfect for relaxing evenings or hosting gatherings with friends and family. The Sweetwater Community enhances your lifestyle with exceptional resort-style amenities, including a clubhouse, pool, park, playground, tennis courts, and more. Residents also enjoy the picturesque surroundings and the convenience of being close to Lake Travis, offering numerous recreational opportunities. Embrace luxury living in this exquisite home where every detail is designed for comfort and style. Don't miss the opportunity to make this stunning residence your own—schedule a showing today!
Source: ACTRIS #3292207
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #3292207
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: #3292207
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.