869 Private Road 1712, Mico, TX 78056
5 beds · 5 baths · sqft sqft
Nestled amidst the serene landscapes of the Texas Hill Country, this exquisite single-story contemporary home offers a luxurious living experience over a sprawling 2.03 acres, with exclusive Medina Lake waterfront access for an envious escape from the mundane. With a craftily designed stone and stucco exterior, this residence is not just a home, but a statement of elegance and comfort. Prepare yourself to be enthralled by a spacious living room, highlighted by an imposing 17-foot ceiling and a cozy wood-burning fireplace, perfect for chilly evenings. The room is bathed in natural light streaming through an array of windows, setting a vibrant backdrop for any gathering. Each window is complemented with custom blinds, balancing privacy and picturesque views. A culinary enthusiast's dream, the kitchen is a blend of functionality and sleek design, featuring black granite countertops and a contrasting wood-grey center island topped with white quartz. The abundance of custom white cabinets with brushed gold hardware adds a touch of class, while state-of-the-art stainless appliances, including a gas cooktop and a built-in oven with a pot filler, amplify the joy of cooking. Not just any kitchen, this space is adorned with an elegant shell glass marble rhomboid mosaic tile, enhancing its modern aesthetics. The home hosts five well-appointed bedrooms and 3.5 luxurious bathrooms. The primary bedroom, with garage door access, ensures privacy and ease. It is complemented by a lavish en-suite bathroom boasting dual vanities with black granite counter tops, above-counter porcelain sinks, and a large walk-in glass shower fitted with multiple spray heads-a sanctuary for relaxation. Meanwhile, the second bedroom features a convenient Murphy bed and trendy barn closet doors. The cleverly inserted Jack and Jill bathroom enhances the usability of shared spaces. For entertainment or an additional 5th bedroom, a media room with insulated sound-proof walls is at your disposal, wired for a projector and surround sound, setting the stage for unforgettable movie nights or serene privacy. Stepping outside, the covered back patio promises leisure and entertainment with outdoor speakers connected to a Bluetooth receiver, two large fans, and a TV mount, creating a perfect ambiance for social gatherings. An attached external half-bath with air conditioning ensures comfort during outdoor activities, or future pool. The sprawling 2-car oversized garage is enhanced with a Flexcore Superior Garage Floor Coating (stronger and longer lasting) and ample space for vehicles and storage. Among other features, the residence is equipped with water softener, and fiber internet for high-speed connectivity, supporting both work and leisure from the comfort of your home. Located in the gated community of Dancing Bear Ranch, residents enjoy access to community parks, a pool, playground, sports court, and a future clubhouse-promising a blend of social interaction and privacy. Not to forget, the no city taxes perk! For families, the local school system offers quality education with North Side ISD -Henderson Elementary, Strauss Middle School, and Harlan High School. Dancing Bear Ranch not only presents a prestigious lifestyle but also conveniently lays within reach of Alamo Ranch Shopping and the vibrancy of lakeside recreation at Medina Lake with its picnic areas, boat launch, and fishing pier. This home isn't just a living space, it's a lifestyle waiting to be embraced, where luxury meets convenience and where every day feels like a retreat from the ordinary. Welcome to your dream home, where life promises to be anything but ordinary.
Source: SABOR #1810956
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1810956
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: #1810956
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.