6012 Idlewood Cv, Austin, TX 78745
3 beds · 1 baths · 888 sqft sqft
Live in the 78745 zip code off of South Congress just 15 minutes to downtown Austin TX. This thoughtfully updated home offers the perfect blend of charm, convenience, and modern upgrades. Featuring a recently replaced roof, HVAC and cast iron plumbing, fresh interior/exterior paint, and stylish new fixtures throughout, this property is move-in ready. The home includes 3 comfortable bedrooms and 1 updated bathroom, creating a functional and cozy living space. Energy-efficient new solar panels ensure lower utility costs, and buyers have the unique opportunity to assume a low-interest mortgage 4.125%, making this home an excellent financial choice. Step outside to a spacious covered patio, ideal for relaxing or entertaining guests, with a well-maintained yard offering plenty of space for gardening or outdoor activities. Whether you’re enjoying the peace of the neighborhood or taking advantage of its proximity to downtown Austin, local shopping, parks, and more, this home’s location offers the best of both worlds—quiet retreat and urban accessibility. With all these amenities and recent improvements, this home is perfect for those seeking comfort and value in a prime Austin location. Don’t miss your chance to own this beautifully maintained and energy-efficient home! No HOA and low Taxes!!
Source: ACTRIS #5024946
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #5024946
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #5024946