7964 GATO LN, Round Rock, TX 78665
***Seller has requested to pause showings until Tuesday, July 16, 2024, 5PM** Welcome to your new home in the sought-after Siena subdivision of Round Rock, TX! This charming single-level residence offers 3 beds, 2 baths, and spans 1,811 sq.ft. of comfortable living space, complete with a 2-car attached garage. Upon entry, you are greeted by an inviting entrance foyer that leads into a spacious open floor plan, enhancing both functionality and connectivity throughout the home. The kitchen is a chef's delight, featuring granite countertops, a pantry for ample storage, recessed lighting, and modern appliances, making it perfect for culinary endeavors and entertaining alike. Each bedroom is designed with your comfort in mind, boasting ceiling fans and walk-in closets for convenience and storage. The bathrooms are elegantly appointed with dual vanities and separate showers, offering a touch of luxury. A dedicated laundry room adds practicality to daily routines, while the large backyard provides a private retreat for outdoor gatherings, gardening, or simply relaxing under the Texas sky. Located in the vibrant Siena subdivision, residents enjoy access to community amenities including parks, walking trails, and nearby schools, fostering a sense of community and leisure. Situated in Round Rock, TX, this home offers easy access to shopping, dining, entertainment options, and major employers, ensuring a convenient lifestyle. Approximately 2.3 miles from the 130 toll and approximately 7 miles from IH-35. It's a short walk to the new schools - (Kerley Elementary (2019 and Gus Almquist Middle (Coming 2024!)), the community pool, park, and playground. HOA fees cover access to two neighborhood pools, pavilion, playgrounds, soccer field, and basketball courts. Don't miss out on the opportunity to make this wonderful property your new home. Schedule a showing today and envision yourself enjoying the comfort, style, and convenience that this Siena residence has to offer!
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: #6256773