903 Panorama Pass, Horseshoe Bay, TX 78657
2 beds · 3 baths · 2,089 sqft
Welcome to your serene sanctuary in the heart of Horseshoe Bay! This charming and low-maintenance 3-bedroom, 2.5-bath, 2-car garage, home, sits on a premium wide, flat lot just under half an acre-offering the perfect blend of tranquility, comfort, and convenience for a full-time residence or an ideal lock-and-leave lifestyle. Surrounded by mature trees and showcasing breathtaking panoramic Hill Country and golf course views, this home is truly a gem. The timeless exterior features a clay tile roof and beautiful stucco and stone masonry on all four sides. Inside, you'll be greeted by a bright and spacious layout with vaulted ceilings and an abundance of natural light pouring in through large windows. The inviting living room centers around a stunning floor-to-ceiling stone fireplace, perfect for cozy evenings. The gourmet kitchen is designed for both everyday living and entertaining, featuring granite countertops, a large island, gas cooking, and thoughtful touches like a pot filler. The oversized primary suite offers incredible golf course views, a walk-in closet, and a luxurious ensuite bath complete with a walk-in shower, bench seating, and generous storage. The second bedroom also boasts its own private ensuite, while a third room offers flexible space for an office or guest room. Enjoy outdoor living at its finest on the covered back patio with a built-in grill, ideal for relaxing or entertaining while soaking in the peaceful surroundings. Located in a quiet section of this sought-after resort community, you'll enjoy privacy and minimal neighbors, yet remain just minutes from conveniences like Baylor Scott & White Hospital, HEB, and the many amenities of Horseshoe Bay Resort, including four championship golf courses. With its unmatched blend of charm, elegance, and low-maintenance ease, this exceptional home offers the best of Hill Country living. Schedule your private tour today and discover the lifestyle that awaits in Horseshoe Bay.
Source: ACTRIS #2974419
Financials
Source: Public records
Source: ACTRIS #2974419
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.