744 Cr-2651 Rio Medina, TX 78066
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About this home
Welcome to your own private Hill Country haven in Rio Medina - an exceptional 5 acre property that offers the perfect blend of scenic beauty, modern comfort, and rural charm. Tucked behind a secure gated entrance and fully fenced for privacy, this serene property boasts unmatched panoramic views that stretch for miles, providing a daily dose of tranquility and natural wonder. The beautifully maintained 2,380 sqft home features 3 spacious bedrooms plus an upstairs loft and 2.5 bathrooms, thoughtfully designed for both everyday living and entertaining. The primary bedroom is a true retreat, offering generous space, serene privacy, and uninterrupted Hill Country views right from your window. The suite also features an elongated walk-in closet with plenty of room for seasonal wardrobes, storage, and organization, making everyday living both luxurious and practical. Throughout the interior, you'll find updated flooring, a remodeled kitchen with modern finishes, and inviting living spaces filled with natural light and warmth. The open-concept layout flows effortlessly with two eating areas, creating an ideal environment for gatherings with family and friends. With no HOA restrictions, you'll enjoy true freedom to live as you please! For animal lovers or aspiring homesteaders, the property includes a versatile kennel or chicken coop setup, perfect for dogs, chickens, or other small livestock. Step outside to enjoy the front porch views or onto the newly added back porch patio, perfect for relaxing evenings, outdoor dining, or simply soaking in the peaceful surroundings. Whether you're watching over the hills, or relaxing on either porch, this one-of-a-kind property captures the essence of peaceful country living with all the comforts of home. Don't miss your chance to own a piece of Texas paradise-this is Hill Country living at its finest!
Source: SABOR #1908970
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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.