200 Somerset Hills Dr Georgetown, TX 78633
Your savings
About this home
Welcome to this single-story 4 bedroom 2.5 bath residence perfectly situated on a spacious 1-acre corner lot with beautiful curb appeal that welcomes you from the moment you arrive. This residence, offers an expansive 2,713 square feet of living space. Upon entering, a metal front door welcomes you into a foyer illuminated by natural light filtering through timeless charm of plantation shutters adorning each window creating an ambiance of elegance and privacy. A formal sitting room awaits just off to the side, or a formal dining room perfect for hosting dinners. Adjacent to this area, is a versatile space providing a serene environment for work or study. The open-concept layout seamlessly connects the living and kitchen areas. Adorned with wood beams that accentuate the soaring ceilings, framing a stone fireplace that creates a cozy ambiance and large window flood the room with abundance of natural light, showcasing the wood like tile flooring throughout. The living area seamlessly connects the designated breakfast area. The kitchen, boasting trendy white cabinetry, with ample counter space, stainless steel appliances and walk in pantry. As you explore the home, you'll discover three additional secondary bedrooms and full bath providing privacy and comfort for family members and guests alike. Step into the master suite, situated on the opposite side, where tranquility reigns supreme with a spa inspired master bath, thoughtfully designed. Dual vanities provide plenty of space for daily grooming rituals, walk-in shower, a soaking tub invites you to unwind and soak away in comfort. Enjoy the Texas outdoors to the fullest with an expansive covered patio complete with a fireplace & outdoor kitchen ideal for entertaining, with a beautiful view overlooking the sparkling swimming pool and ample outdoor space for relaxation and gatherings.
Source: ACTRIS #6832754
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.