755 Panorama Pt, Canyon Lake, TX 78133
4 beds · 3 baths · 2,970 sqft sqft
Welcome to your private hill country retreat on 2.5 acres of land in the highly sought after Mountain Springs Ranch community in Canyon Lake. This almost 3000 sq. ft. home offers luxury living at its finest! A grand entryway with soaring ceilings and unobstructed views of the Texas Hill Country is so inviting you will never want to leave! This spacious 4 bedroom 3 bath Sitterle built home has many windows throughout and offers the perfect blend of comfort, convenience and style. The inviting gas fireplace in the living room is perfect for curling up in a blanket with a good book! The home features two living areas both upstairs and downstairs giving you plenty of options to utilize the space! The well appointed kitchen opens up to the living room and is perfect for casual dining and with the double ovens and smooth stove top makes meal prep a breeze! The owners retreat is your private sanctuary with mesmerizing views of your outdoor oasis. It is conveniently located on the first floor and features a luxurious en-suite bathroom with a separate tub and shower. The study downstairs can also be converted into a guest bedroom equipped with its own bath. Upstairs you will find the additional living/loft area and the 3 secondary bedrooms with another full bath. Step outside and discover your own private paradise! The in-ground, fenced pool offers a refreshing escape right in your backyard, perfect for those warm Texas days. This outdoor space has show stopping VIEWS of the hill country with two covered patios and stairs leading down to the second level. For added convenience the laundry room is located on the lower level and the three car garage with stained concrete is very spacious and includes a water softener. The views, the glimmering swimming pool and waterfall, the home's open floor plan and high end features along with a prime location with easy access to Hwy. 46 makes it a MUST SEE! Don't let this one slip through your fingers... schedule your home showing TODAY!
Source: SABOR #1821560
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1821560
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: #1821560
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.