3107 Dominic Dr Austin, TX 78745
Your savings
About this home
Special financing available for qualified buyers! This South Austin charmer is full of possibility and ready to welcome its next chapter. Nestled on a peaceful, tree-lined street in a quiet, established neighborhood, it’s the kind of place where neighbors wave hello and evening strolls are the norm. Step inside and you’ll find a spacious living area that feels both inviting and versatile, perfect for cozy nights in or lively get-togethers. The kitchen features granite countertops, ample cabinetry with custom pull-out drawers to maximize storage, and room for a full dining table—all while enjoying a view of the private backyard. Sliding doors open to a generous outdoor space with a 7-foot privacy fence, large storage shed, and endless potential for gardening, entertaining, or simply relaxing under the Texas sky. The primary suite offers two closets and a private bath, while two additional bedrooms provide flexibility for family, guests, or a home office. Move-in ready as it is, this home also gives you the freedom to add your personal style and updates over time—making it a wonderful canvas to create the home of your dreams. Everyday conveniences like H-E-B, Costco, and Target are just minutes away, along with local favorites such as Longview Park, the Veloway, and the Wildflower Center. Commuting is simple too, with quick access to major highways that connect you easily across the city. With a motivated seller and so much potential, this home is a great opportunity in South Austin. A happy home in a wonderful neighborhood—come see how this one can be yours.
Source: ACTRIS #5576037
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.