1424 Live Oak Ln Savannah, TX 76227
Your savings
About this home
This home is priced to sell, and the seller is prepared to negotiate! Immaculate Mediterranean-Style Home in Sought-After Lions Gate of Savannah! Welcome to this stunning, upgraded residence nestled in the heart of the master-planned Savannah community. Experience luxury living in this captivating Mediterranean-style home that radiates curb appeal and timeless elegance. Step through the grand 8-foot mahogany front door and be welcomed into a space that blends sophistication with comfort. This home truly stands out for its craftsmanship, comfort, and modern efficiency. The chef’s kitchen is a true centerpiece, featuring a spacious granite island, stainless steel appliances, elegant cabinetry with rope molding, and a charming butler’s pantry with seeded glass display cabinets. You’ll love the 17-inch tile flooring, 5-inch baseboards, and new carpet throughout. Energy-efficient upgrades such as a tankless water heater, 16 SEER AC system, Low-E vinyl pull-out windows, and R-51 attic insulation ensure both comfort and cost savings. Community Highlights: Residents of Savannah enjoy access to a private water park complete with slides, a relaxing adult pool, a junior Olympic-sized pool, and a 20,000 sq ft clubhouse featuring a fitness center, ballroom, and library. Outdoor lovers can take advantage of tennis and pickleball courts, basketball courts, stocked fishing lakes, parks, and scenic walking trails. Families will appreciate the proximity to Savannah Elementary and three conveniently located daycare centers. Need to get your swing in, PGA golf course is just a 10-minute drive away and the new Universal Parks & Resorts-Universal Kids Resort, a smaller theme park focused on families with young children, scheduled to open May 2026. Other area local attractions include Grandscape, Legacy West and IFly.
Source: NTREIS #21020160
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.