8129 Vailview Cv, Austin, TX 78750
5 beds · 4 baths · 3,997 sqft
Nestled in the prestigious Jester Estates neighborhood, this exquisite home combines elegance, comfort, and unparalleled views. With mature landscaping, Japanese maples framing a 4-panel modern front door, and a quiet street location, the curb appeal is nothing short of remarkable. Boasting almost 4,000 sq. ft., this home features 5 bedrooms, including 3 with breathtaking canyon views and 2 with serene vistas of the eastern sunrise. The spacious primary suite is a true retreat, showcasing a wall of windows overlooking the canyon, a spa-like bathroom with dual quartz vanities, a frameless glass shower, a garden tub, and a generous walk-in closet. The open-concept design offers a seamless flow between the gourmet kitchen, living room, breakfast bar, and outdoor spaces. The kitchen is a chef’s dream with stainless steel KitchenAid appliances, a double oven, a 5-burner gas cooktop, a wine fridge, and stunning finishes. The living room boasts a brick-and-stone fireplace with a raised hearth, complemented by folding glass doors that extend the living area to a large covered deck. Outdoor living takes center stage with multi-level decks, a custom stone firepit seating area, and a lower deck with a sunshade—ideal for observing kids playing soccer or baseball. The outdoor dining area comfortably seats eight, while additional space can accommodate even larger gatherings. A covered deck with a ceiling fan and TV offers year-round relaxation. Interior upgrades include hardwood floors, iron balusters, large-format tile, designer paint colors, and updated lighting and fixtures throughout. The extraordinary garage, appraised as a 6-car space, includes an EV charger and is spacious enough to fit two Tesla Model Y's in tandem. With its thoughtfully designed interior, outdoor spaces perfect for entertaining, and breathtaking views, this home is a masterpiece in luxury living.
Source: ACTRIS #5074304
Financials
Source: Public records
Source: ACTRIS #5074304
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.