8601 Ganttcrest Dr, Austin, TX 78749
4 beds · 4 baths · 2,117 sqft sqft
Welcome to this beautifully designed home located in the highly sought-after neighborhood of Western Oaks in South Austin. This property offers an ideal blend of elegance and functionality, perfect for modern family living. As you enter, you are greeted by high ceilings and a formal living room complete with a cozy fireplace, setting the tone for warmth and sophistication. The adjacent dining area makes entertaining a breeze. The family room is bathed in natural light thanks to the numerous windows, creating an inviting and bright atmosphere. The large island kitchen is a chef’s dream, featuring granite countertops and ample space for cooking and gathering. From both the kitchen and living room, you can enjoy views of the sparkling pool, making it easy to keep an eye on outdoor activities. This home offers two primary ensuite bedrooms, ensuring privacy and convenience. The first primary bedroom is located downstairs and has its own access to the pool area—perfect for morning swims or late-night dips. The second primary bedroom is upstairs, providing a secluded retreat. In addition to the primary bedrooms, there are two more spacious bedrooms. One of these bedrooms is currently being utilized as an office, offering flexible space for those who work or study from home. Situated on a huge corner lot, the property is adorned with beautiful oak trees that provide shade and enhance the curb appeal. The location is fantastic, as you can walk to the nearby park and enjoy a short drive to Costco and other shopping centers. Plus, it's zoned to Bowie High School, an A-rated school known for its exceptional academic programs.
Source: ACTRIS #8306660
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #8306660
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.
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: #8306660