5240 Diamante Dr Spicewood, TX 78669
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About this home
Welcome to your dream Hill Country retreat in beautiful Spicewood, TX! This stunning custom home offers the perfect blend of comfort, style, and space with over 4,300 sq ft. 5 spacious bedrooms and 3.5 luxurious baths spread over two thoughtfully designed levels. Nestled on a greenbelt with no rear neighbors, this serene property features a large pool and spa that overlook the tranquil landscape. The pool is elevated with option for true diving and the pool decks provide the prefect spaces for lounging and entertaining. Inside, you'll find soaring beamed ceilings, abundant natural light from oversized windows, and gorgeous wood flooring throughout the main living areas. The chef’s kitchen is a showstopper with a massive center island, quartz countertops, oversized gas range with pot filler and range hood, and a seamless flow into the family and dining areas. A native stone fireplace anchors the cozy living room, while a butler’s pantry connects to the formal dining room for effortless entertaining. Multiple living spaces—including two downstairs and one upstairs—provide room for everyone to relax. The elegant primary suite features high coffered ceilings, a sitting area, floor-to-ceiling bay windows, and a gorgeous bath with dual vanities, two closest and bench seating in the walk-in shower. Each bedroom is spacious and well appointed. Make your way outside to your private resort oasis: a covered patio with built-in grill, stone fireplace, and ceiling fans—perfect for hosting, rain or shine. Entertain to your heart's delight with the extended paved patio, pergola, and expansive, gently sloping backyard, offering a canvas for play or gardening. It's truly amazing. With a 3 car garage and ample room for guests or RV parking, you'll have plenty of room for your hobbies. Enjoy all that the Lake Travis region has to offer- 15 minutes from Pace Bend park, 10 to Hill Country Galleria which offers dining, shopping and entertainment for the elevated lifestyle.
Source: ACTRIS #6282382
Neighborhood
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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.