$849,000

300 Red Mulberry Way Leander, TX 78641

$5,329/mo at 6.5%
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About this home

Discover exceptional Hill Country living at this custom-built, single-story home on a full acre in the sought-after Highland Oaks neighborhood of Leander, TX. Zoned to top-rated Liberty Hill ISD and located near Georgetown, Liberty Hill, and North Austin, this property offers the ideal mix of privacy, convenience, and space. This custom-built residence features 4 bedrooms, 3 bathrooms, and a dedicated office/flex space—ideal for remote work, hobbies, or guest accommodations. The open-concept floor plan is designed for modern living and effortless entertaining, with 8-foot interior doors and abundant natural light throughout. The heart of the home is a chef’s kitchen equipped with quartz countertops, a five-burner gas cooktop, built-in stainless appliances, and an expansive center island. The living room offers a cozy gas-log fireplace and views of the mature trees that surround the property. The private owner’s suite is tucked away from the secondary bedrooms and includes a spa-inspired bathroom with a large soaker tub, oversized walk-in shower, dual vanities, and a custom walk-in closet complete with built-in shelving and drawers. Two additional bedrooms are connected by a Jack and Jill bathroom with separate vanities—perfect for family or guests. Additional highlights include wood-look tile flooring throughout, a large covered patio for outdoor gatherings, and an oversized three-car garage with extra space for storage or workshop use. Highland Oaks is known for its wide-open spaces, mature trees, and quiet, family-friendly atmosphere, making it one of Georgetown’s best-kept secrets. Conveniently located near Ronald Reagan Blvd, Hwy 29, and 183—providing quick access to shops, dining, HEB, and major employers in Austin's tech corridor. Experience elevated Hill Country living just outside the city.

4 bedroom
3 bathroom
2,910 sqft
1.1435 acres
Single Family
Built in 2020
3 car garage
Air conditioning
Fireplace

Source: ACTRIS #3688934


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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.

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Last updated: Oct 23, 2025 05:05 pm
Listing agent: Jennifer Summers
Listing provided courtesy of: HOYDEN HOMES (512) 799-1999
Details provided by ACTRIS and may not match the public record.
MLS ID: #3688934
Based on information submitted to the MLS GRID as of Nov 04 2025 - 06:25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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