908 ASTORIA ST, Cedar Park, TX 78613
BOM- Nestled within the serene, gated community of Three Points, this charming home offers an unparalleled blend of comfort and convenience. Here’s why this could be your perfect next home. As you step inside, be prepared to be awed by the soaring 20-foot ceilings that create a sense of openness and luxury. The living area is adorned with warm hardwood floors and large windows that flood the room with natural light. The open floor plan effortlessly connects the living room to the dining area, making it an ideal space for entertaining guests or enjoying dinners. The kitchen is a culinary dream, featuring modern appliances, ample cabinet space, and a breakfast bar. Whether you're a seasoned chef or just enjoy the occasional meal prep, this kitchen is equipped to handle it all with ease. Retreat to the spacious primary suite on the first floor, complete with a walk-in closet and a luxurious ensuite bathroom, offering the ultimate in privacy and comfort. Also located downstairs is a second bedroom with its own en-suite bathroom, perfect for guests or family members. Upstairs, you’ll find two additional bedrooms and a full bathroom, along with a built-in desk and loft area, providing plenty of space for family members or guests to relax and unwind. Step outside to discover your private oasis, featuring a lush lawn and a patio area perfect for al fresco dining or evening relaxation. The backyard also offers a garden area. Enjoy the peace of mind that comes with living in a secure, gated community. The community pool is perfect for cooling off on hot Texas days or socializing with neighbors. Enjoy direct access to the Brushy Creek trail system from the nature preserve located in the community. This is perfect for outdoor enthusiasts who love hiking, biking, kayaking or just leisurely strolls. This home is conveniently located near top-rated Leander ISD schools, parks, and shopping centers like Costco's, Target and Whole Foods. Minutes away from the 183 highway toll roads.
You may be able to put down less than the total down payment amount of $307,361 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
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: #1158741