2538 Ravenwood Dr Round Rock, TX 78665
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About this home
HIGHLY MOTIVATED SELLER! PRICE CHANGE, NEW CARPET and lots of upgrades! A MUST SEE! Welcome to 2538 Ravenwood Drive, Round Rock, TX 78665 This spacious 3,197 sq ft home has been thoughtfully updated and is ready to impress. Enjoy fresh interior paint, modern fixtures, and remote-controlled ceiling fans throughout. A Rachio smart irrigation system ensures efficient lawn care, while Google Fiber brings ultra-fast internet for work, streaming, and smart home connectivity. Built in 2012, the two-story layout includes 4 bedrooms, 3.5 baths, an office, formal dining, and a media room. The gourmet kitchen features granite countertops, 42" cabinets, and stainless steel appliances—ideal for entertaining or casual meals. Step outside to a private backyard with a covered patio, perfect for weekend BBQs or peaceful evening retreats. Located in the sought-after Sonoma neighborhood, this home includes access to trails, parks, and community pools. Nearby Highlights: - Dell Diamond – Home of the Round Rock Express - Old Settlers Park – Sports fields, trails, and a water park across 645 acres - Kalahari Resorts & Conventions – Indoor waterpark, spa, and family fun - Round Rock Premium Outlets – Brand-name shopping at great prices - Historic Downtown Round Rock – Local eateries, live music, and charm - Round Rock Donuts – Iconic treats known across Texas - Brushy Creek Regional Trail – Scenic outdoor escapes just minutes away Modern upgrades, smart technology, and a prime location—this property offers a true Round Rock lifestyle.
Source: ACTRIS #4050700
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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.