12148 Cr 774a Webster, FL 33597
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About this home
Set on a perfect square 9.6 acres, this property isn’t just built for living—it’s built for living the life. Whether you’re chasing sunsets or chasing steers, this ranch is rodeo-ready with its very own arena, designed for roping events but easily adaptable for daily training, barrel racing, or even conversion to an English setup with ease. It’s the kind of property that’s equally perfect for entertaining, relaxing with friends, or generating income by hosting local equestrian events—just as it has in the past. The charming 3-bedroom, 2.5-bath home offers just under 1,800 living square feet and has been thoughtfully updated with a new roof, AC system, pool pump, fresh exterior paint, new flooring downstairs, and beautifully remodeled kitchen and bathrooms. Step out to the sparkling pool and take in the view of your horses relaxing peacefully in the barn, or sip your morning coffee from the front porch overlooking your grand improved pastures and iconic grandfather oaks. The center aisle barn currently offers two stalls with space for eight more, and the property is fully fenced with cross-fenced pastures ideal for rotational grazing. With two RV hookups (one 50-amp and one 30-amp) and two separate septic systems, this ranch is perfectly set up to host visiting friends—or even generate income by welcoming northern equestrians looking to winter in sunny Florida. This ranch checks all the boxes for those seeking the true Florida equestrian lifestyle—authentic, functional, and full of soul.
Source: STELLAR #W7877495
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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.
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