603 Golf Course Rd, Gatesville, TX 76528
2 beds · 2 baths · 1,574 sqft
Stunning Fully Remodeled home sitting on a beautiful .848 of an acre lot with tranquil scenery. Step into a perfect blend of history and modern elegance with 2-bedroom, 2-bath home nestled with majestic, mature trees. From the moment you arrive, you’ll be captivated by the charm and character of this unique property. Inside, the master suite is complete with a cozy fireplace and an attached bonus nook—perfect for a reading corner, nursery, or extra storage. The master bath boasts a luxurious sink with a vanity setup, creating a spacious atmosphere. The second bathroom features a relaxing garden tub, ideal for unwinding after a long day. Every inch of this home has been thoughtfully updated, preserving its historic charm while offering modern conveniences. Tucked away in a tranquil location, this property offers privacy and serenity while still being close to local amenities. This stunning remodel featuring classic bead-board and shiplap accents, brand new windows with custom-built blinds installed, allowing natural light to pour in while offering picturesque views of deer grazing in the spacious, open lot. Enjoy the tranquility of country living right in the heart of town! Recent upgrades include a new roof (2024), a tankless water heater (2022), and a Generac system (2024) capable of powering the entire home and any future expansions. All plumbing has been updated to PEX for added reliability, and solar-powered attic fans have been installed to enhance energy efficiency.The property also features brand new French doors on the north entrance and an additional space attached to the garage with water access, offering endless possibilities for a home office, guest suite, or studio. Don’t miss your chance to own this rare gem! Schedule a showing today.
Source: CENTRALTEXAS #572810
Financials
Source: CENTRALTEXAS #572810
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.