1806 Murray Ave Rockdale, TX 76567
Your savings
About this home
This corner lot home offers 3 bedrooms, 2 baths, and 2,177 sq. ft. of living space with a functional three-level layout. The main level features two living areas, including a living room beside the foyer with crown molding and wood flooring, while wood-like tile extends from the foyer through the kitchen and dining area into the family room. The kitchen and dining combo opens to the family room, separated by a breakfast bar. The kitchen is well-equipped with an island, ample cabinetry, and was remodeled a few years back to provide both style and functionality. The second level includes all bedrooms and an additional storage room. The primary suite features an ensuite bath with double vanity, a shower, and a walk-in closet. Real hardwood flooring throughout the upper level adds warmth and charm. The basement houses the laundry area, a storage room, and an attached 2-car garage with double doors. Recent updates include HVAC and water heater (2017) and a roof replacement (23 years old). While some areas may benefit from repairs and updates, this home already offers many desirable features and upgrades. The yard is enclosed with both wood and chain link fencing, with a wooden deck providing outdoor space. Its location adds to the appeal, with Rockdale High School and Tiger Stadium just minutes away, plus community amenities located right across the street.
Source: ACTRIS #2937724
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.