356 Discovery Kyle, TX 78640
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About this home
This is your next home! NEW HVAC and Roof, NEW interior paint, corner lot, wrap around back patio,! Discover this 4-bedroom, 2-bathroom single-story home in Kyle, Texas, perfectly situated on a desirable corner lot that offers enhanced privacy and curb appeal. Built in 2005 and spanning 1,934 square feet, this well-maintained property boasts a thoughtful layout with high ceilings that create an open and airy atmosphere throughout. Enjoy the flexibility of a versatile space that can easily serve as an additional bedroom, home office, or study to suit your needs connected to the primary bedroom. The interior is designed for comfort and convenience, featuring central cooling to keep you refreshed during warm Texas days, along with a practical slab foundation and durable composition roof for long-lasting reliability. Step outside to the oversized 0.24-acre lot, which is nicely landscaped and provides ample room for outdoor activities, gardening, or simply relaxing in your own private oasis. The attached 2-car garage offers secure parking and additional storage options, making everyday living effortless. Located in a welcoming community in the growing city of Kyle, this home combines modern upgrades with timeless appeal, making it an ideal choice for those seeking a blend of style and functionality. All information should be independently verified.
Source: ACTRIS #2005699
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Close stress-free in 45 days, handled start to finish by Roam.
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.