5169 Eatons Creek Rd Nashville, TN 37218
Your savings
About this home
BIG price change and lender incentive offered! Make this your dream property or a family compound. A truly unique property - sprawling across nearly 23 lush acres - just around the corner from Beaman Park and 15 minutes from downtown Nashville. At the center of the property stands a 1920s farmhouse ready for someone excited to do the work to make it their own. This home offers a unique opportunity for the right buyer - it provides a solid foundation and plenty of potential to create the space you’ve always envisioned. The primary bedroom features an ensuite with a separate shower and a clawfoot tub. A second full bathroom and an additional bedroom—currently styled as a dressing room—are also on the main level. Enjoy the cozy den and large windows in the open-concept living area - which flows seamlessly into a thoughtfully designed kitchen. Gorgeous double glass doors open from the kitchen to reveal a stunning backyard oasis. Step outside and discover the magic of this property: complete with charming walking bridges. A stone path leads from the new back porch to a large picnic pavilion with storage—ideal for gatherings or quiet moments in nature. Explore the barn, and open fields that stretch out in every direction, offering endless opportunities for gardening, farming, or just enjoying the wide-open space. A large fenced dog run offers plenty of space for dogs of any kind to run around and enjoy nature. With the ability to subdivide you can build up to four additional homes, this property is not only a private paradise but an incredible opportunity. Its lush scenery and timeless charm have made it the backdrop for multiple music videos—proof of its undeniable appeal and storybook setting. Whether you’re seeking a peaceful escape, a creative sanctuary, or a multi-use property with development potential, this rare offering delivers it all. Come experience the magic for yourself! Home will need TLC and is being sold as-is. Sellers to make no repairs.
Source: REALTRACS #3002325
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.