953 APRICOT DR, Kyle, TX 78640
Discover this beautiful Waterleaf home with great curb appeal, featuring a covered front porch and situated on a half cul-de-sac. Enjoy unparalleled privacy and scenic views with a backyard that backs to a wooded area. The open concept living area boasts a kitchen with white cabinetry, a large breakfast bar with pendant lighting, granite counters, a flex duo oven with air fryer and dehydrator, range hood and ample cabinet and countertop space. The well-designed floor plan includes a spacious family room downstairs with easy maintenance tile flooring and a versatile game room upstairs, which features a walk-in closet and can easily be converted into a fourth bedroom. The primary suite offers a walk-in closet, double vanity, and separate shower and tub. Recent updates include a new HVAC system installed in 2024. The large patio in the backyard, complete with a gazebo, is perfect for entertaining or enjoying the serene views and shaded privacy provided by the surrounding trees. This home also features a water softener and a water filtration system for added convenience and comfort. Community amenities include a pool, playgrounds, volleyball and basketball courts, and more. Conveniently located just a few blocks from a park and pool, this home offers easy access to major highways, shopping centers, schools, and restaurants. Don’t miss your chance to live in this remarkable subdivision within the flourishing City of Kyle, known for its outstanding living conditions and continued growth. Seize this opportunity to be part of a thriving community before it slips away!
You may be able to put down less than the total down payment amount of $83,278 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: #7821115