242 County Road 3150 Kempner, TX 76539
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About this home
BRAND NEW FLOORS INSTALLED 10/24/25 THROUGHOUT THE ENTIRE HOME. Set on a full acre in the sought-out community of River Place, this thoughtfully updated home captures the perfect blend of modern comfort and relaxed Hill Country living. Backing to hundreds of acres of wide-open AG land, you’ll enjoy unmatched privacy, peaceful sunsets, and sweeping views- all from your covered back patio. Step inside to discover brand new luxury laminate flooring throughout the main living areas and kitchen along with elegant new tile in every bathroom, adding a refined touch to the home’s warm, inviting atmosphere. Natural light floods the open-concept living and dining spaces, creating the perfect setting for entertaining friends or enjoying quiet evenings in. The kitchen shines with granite countertops, custom cabinetry, and a seamless flow into the living area. The private primary suite offers a spacious walk-in closet, dual vanities, and a spa-inspired dual-entry shower with multiple shower heads. Across the home, you’ll find three additional bedrooms- all with brand new carpet just installed, and a second full bath. Outside, you’ll find a 25’x20’ oversized shed- perfect for a home gym, workshop, or extra storage — plus a 35’x15’ leveled concrete slab off to the right of it. If you’ve been searching for laid-back country living with room to breathe, without giving up community or convenience, this home is the one.
Source: CENTRALTEXAS #589113
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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.