3217 Beutel Rd Lorena, TX 76655
Your savings
About this home
Located in the desirable Park Meadows community, this home offers a perfect mix of comfort, space, and convenience. Featuring 3 well-sized bedrooms, 2 full bathrooms, and a flex room, it’s designed to accommodate a variety of needs—whether you’re a first-time buyer, growing family, or someone looking to simplify. Inside, the open-concept layout creates an easy flow between the living, dining, and kitchen areas. Neutral colors, ample natural light, and practical design make the space feel both welcoming and functional. The flex room adds valuable extra space, ideal for a home office, playroom, workout area, or guest room. Each bedroom offers comfort and generous closet space, while the primary suite includes a private bathroom for added convenience. The home’s layout encourages connection and versatility, making it easy to personalize for your lifestyle. Outside, the fenced-in yard provides privacy and room to play or relax. Enjoy the covered back porch and extended deck, perfect for outdoor grilling, entertaining, or unwinding after a long day. Located within town limits and just minutes from popular eateries, shopping, and daily essentials, this home combines suburban peace with everyday accessibility. Whether you’re starting out or downsizing, this is a solid opportunity to own in an established and convenient neighborhood.
Source: NTREIS #20977406
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.