7621 PARULINE DR, Austin, TX 78738
Welcome to the epitome of luxury living in the heart of Provence! This exquisite home exemplifies meticulous craftsmanship and modern elegance. As you step inside, you are welcomed by luxurious LVP flooring that seamlessly flows throughout the living areas, primary retreat and up the stairs. The kitchen stands as the centerpiece of the home, showcasing a breathtaking waterfall edge island, complemented by built-in stainless steel appliances and striking pendant lighting. The butler's pantry makes serving the dining room a breeze while entertaining. Indulge in the spa-like bathroom, featuring a freestanding tub, walk-in shower with hexagon tile flooring, dual vanities with upgraded quartz counters and fixtures. The oversized walk-in closet is perfect for all your storage needs. Cozy up by the floor-to-ceiling stone fireplace, surrounded by built-in cabinets, or step outside to the extended covered patio for al fresco dining and to admire the serene surroundings of established oak trees on this expansive lot. Generously sized bedrooms feature walk-in closets and are connected by a jack-and-jill bath. Upstairs, you'll find a versatile game room and media room, perfect for entertainment or relaxation. The garage offers ample space, with vertical room for additional living or storage needs, and includes a tandem space suitable for storage, a workout area, or a workshop. This home is more than just a residence; it is a masterpiece designed for comfort, luxury, and entertainment. Don't miss the chance to make this stunning property yours and experience the pinnacle of Provence living! Enjoy the convenience of being close to all that Bee Cave and Dripping Springs have to offer, as well as community amenities like a clubhouse, pool, playground, trails, and expansive open spaces. Plus, the youngest residents will attend the newest LTISD elementary school when it opens, adding to the community's appeal.
You may be able to put down less than the total down payment amount of $159,686 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #7946684
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.