1911 Tillman Ln Pensacola, FL 32526
Your savings
About this home
Sit on your wrap around porch and discover 4 acres of privacy in Florida, ideally located just 20 minutes from downtown, close to the interstate, and only 30 minutes to the beach. Surrounded by beautiful trees, this property offers seclusion without sacrificing convenience—with no HOA. Lots of freedom living here at this estate. Inside, the spacious layout is perfect for multi-generational living, featuring a generous primary suite plus two additional en-suites/Mother-in-law suites. The open kitchen has been updated with granite countertops, modern appliances, and refreshed bathrooms with new sinks, lighting, and fixtures. Stylish tile flooring runs throughout main entry area and wet areas, giving the home a fresh clean feel. Laminate in the living areas and carpet in bedrooms. Step outside to your own private oasis. A covered porch overlooks the sparkling pool and expansive backyard—ideal for relaxing or entertaining. A massive pole barn with oversized doors offers endless possibilities: storage, detached 2-car garage, workshop, or recreational space, complete with RV hookup. There’s also a separate climate-controlled finished office/gym/storage on the back of the garage, a luxury chicken coop with caged run, and plenty of room for boats, RVs, and toys. This property extends about 50 yards beyond the back fence, providing even more space to enjoy. Solar panels keep energy costs extremely low (with option to pay off and remove if preferred. quotes in hand), adding efficiency and long-term savings. All this, plus the convenience of being minutes from Navy Federal Credit Union and only a short drive to the Gulf Coast beaches, makes this estate the perfect blend of privacy, function, and lifestyle. New Arcitectural Shingle roof installed prior to closing with applicable offer.
Source: PENSACOLA #669815
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.