216 Manassas Dr Leander, TX 78641
Your savings
About this home
** Seller incentives available for closing costs**. Discover this impressive 5-bedroom, 3.5-bath home, fresh paint, designed for spacious, comfortable living and located in a desirable community. The home’s classic stone and brick curb appeal is enhanced by beautifully tiered tree ring retaining walls and colorful flower beds. Experience the bright and airy feel from the moment you step into the high-ceiling foyer, with natural light pouring through. The gourmet kitchen is functional and stylish, featuring a dynamic contrast between refurbished countertops and dark cabinets. Versatility is key, with a floor plan that includes two separate living areas, a dining space, and a large breakfast bar flowing into the open-concept living room. The main-level primary suite is a true retreat, offering an oversized walk-in shower and a walk-in closet with private access to the utility room, making daily chores effortless. An additional main-floor office or guest room with its own private bath adds even more flexibility. Upstairs, a large game room provides the perfect hangout spot, while three generous bedrooms and two full bathrooms, including a convenient central dual-vanity bath, complete the second floor. This home is built for peace of mind, with a full security system, a water softener, and a double water heater system. The flat, elegantly landscaped backyard offers a low-maintenance outdoor space. Embrace an active lifestyle with community amenities like walking trails along the South San Gabriel River, parks, a clubhouse, and resort-style pools with basketball courts. The convenient location provides easy access to 183N, Highway 29, and is close to upcoming retail and development at the new Costco and Steward Junction. ** 2-1 buy down program available**. please contact listing agent or refer to documents section for additional details
Source: ACTRIS #8126264
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.