273 County Road 4924 Troup, TX 75789
Your savings
About this home
Situated on 1.52 acres, this spacious 2,626 sqft home is designed for comfort, convenience, and plenty of room to grow. Whether you’re a hobbyist, love to entertain, or simply enjoy having space to spread out, this home has something for everyone. As soon as you step inside, you’ll notice the bright and open living areas that are perfect for family life and hosting guests. The open layout gives you plenty of space to relax and enjoy time together, while the two pantries provide tons of room for food storage or organizing all your essentials. The laundry room is equipped with built-in bins, making it easier than ever to keep things tidy and organized. The bright office is filled with natural light, creating a bright and inspiring workspace perfect for productivity! For those who enjoy working on projects, you’ll love the two workshops on the property. The wood shop is perfect for all your woodworking ideas, while the metal shop comes with a carport for even more space to work or store larger items. Plus, with 110v and 220v RV hookups, you can park and power your RV right at home—ideal for road-trippers and visiting friends or family. You’ll never have to worry about power outages, thanks to the included propane generator that keeps you connected and comfortable during unexpected events. Inside, the home is wired for surround sound, so you can enjoy movie nights with a full cinematic experience. Step outside and you’ll find a fenced-in yard, giving your pets a safe, spacious area to play. The sunroom is a peaceful spot to relax year-round, filled with natural light and a perfect place to unwind after a busy day. With thoughtful storage solutions, versatile spaces for work and play, and a floor plan designed for easy living, this home truly has it all. Don’t miss out on the chance to own this incredible property—schedule your showing today and see everything it has to offer! Motivated sellers! Bring an offer!
Source: NTREIS #21005646
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.