10240 Norrell Rd Venus, TX 76084
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About this home
Step into this beautifully maintained manufactured home set on a serene acreage parcel in Venus. The home features an open floor plan with a generous living room flowing into the kitchen and dining area. The kitchen boasts a large island, abundant cabinetry, and upgraded fixtures, creating a welcoming and functional space. ? The primary suite offers ample room, a large walk-in closet and en-suite bath. Two additional bedrooms each include walk-in closets, making this layout ideal for family or guests. ? Outside you’ll find significant acreage fenced and set up for animals, giving you room for pasture, livestock or hobby farming. A covered 3-car carport provides protected parking and exterior storage. Additional features include a dedicated storage shed, a heavy-duty storage container, and an 8 × 8 storm shelter providing added resilience and peace of mind. Energy-smart upgrades include a full solar system paired with a whole-home Tesla battery backup system, dramatically reducing utility dependence and offering excellent reliability during outages. Located on a quiet country road, this property offers the best of rural acreage living while remaining within reach of local amenities and schools. Whether you’re looking for a turnkey hobby-farm, a sanctuary for animals, or simply extra space to breathe, 10240 Norrell Road delivers. Don’t miss this opportunity to own a thoughtfully upgraded, low-maintenance home with acreage, storage, energy independence and animal-ready infrastructure all in one package.
Source: NTREIS #21113382
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.