100 Taylor Rd Weatherford, TX 76087
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About this home
HUGE PRICE REDUCTION on this unique opportunity to own a work-from-home commercial operation minutes to the schools in Brock! BRING US AN OFFER! Car lovers, RV travelers, fitness fanatics, and hobbyists alike will find intrigue and excitement about the possibilities presented by this property. The homestead is charmingly eclectic with an almost-new hail resistant roof with ridge vents, angular ceilings, skylights, a beautiful wood-burning fireplace, four spacious bedrooms and two generously sized bathrooms with custom built-ins upstairs, and a powder bath downstairs local Horned Frogs will appreciate. Upstairs you'll find an old-school screened-in sleeping porch, and downstairs the owners added a 100 SF sunroom. Amenities galore, starting with ample parking: circular drive, multiple parking pads, a covered 60x16 RV carport with electric, the 2-car garage with insulated doors, and the 2-car carport next to a true mechanic's shop. Foam insulated with two drive-in bays, dedicated air tanks and plumbing, and a workman's shop in the middle - you'll love the vintage charm and modern functionality of this space. You'll be ready to host giant parties thanks to your 37,000 gallon diving pool with extensive surround decking, a Lifetime pool shed and meshed fencing to keep dirt and grass out - and only good vibes in! The pool area has access to the two full bathrooms servicing the commercially-operated gym. This massive space is Brock's Eagle Gym with 40-50 paying members, and a physical therapist and personal trainer on staff. Robustly equipped and boasting a studio space, separate septic and two 5-ton hear & AC units, this building could easily be converted into a second home. And when you're ready to throw on your homesteader's hat, enjoy the aviary equipped with chicken coop and tunnels, or pick fresh fruit from your own personal orchard. Total freedom and infrastructure ready to support your every dream - small or grand. Come check us out in coveted Brock, USA!
Source: NTREIS #21036010
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.