140 Hawthorne Loop Driftwood, TX 78619
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About this home
Value heavy -- with a swimming pool for under 1M in Rim Rock -- This former Mercedes Homes of Texas model is packed with elevated, standard features that set it apart from the competition. Situated near the front of the Rim Rock community for quick, easy access in/out. Approachable curb appeal. Expanded off-street guest parking and a fully landscaped front, side, and backyard — complete with a Custom Cody Pools swimming pool — creates a move-in-ready haven. Sprawling one-level home, flooded with natural morning light. Large windows + custom drapery. Rich hardwood flooring in main areas, plus new BPI Gold Coast luxury carpet in all bedrooms & game room [Sept 2025]. Fresh interior paint & elegant custom ceiling woodwork in the formal dining room and primary suite. Pre-listing home inspection completed, HVAC serviced, and two new water heaters [Sept 2025]. Gourmet Kitchen: oversized island w/ pendant & recessed lighting. Built-in ovens, separate gas cooktop + abundant cabinetry in excellent condition. *Hidden walk-in pantry.* Distinctive custom stone archway leads to the game room. Spacious home office has floor-to-ceiling bookcase. Separate secondary bedroom wing includes two full bathrooms, with one bedroom offering a private en-suite. Primary Suite Retreat: oversized layout with space for king-sized furniture & sitting area; rounded wall with upgraded Anderson windows. Spa-inspired bathroom: separate vanities, soaking tub, walk-in shower, and large walk-in closet. 540+ sqft covered pear patio with stained concrete. Built-in gas grill + refrigerator for year-round outdoor cooking. Extended pool-patio surround, fire pit - all professionally executed by Cody Pools [April 2012]. Spacious laundry room with built-in cabinetry, folding counter, and utility sink. Three-car, side-entry garage. Seller-provided home inspection report, paid invoices/receipts, floor plan, and existing survey available for full transparency. We are a seller team that's ready and proactive.
Source: ACTRIS #6401283
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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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