7804 Pace Ravine Dr Lago Vista, TX 78645
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About this home
Welcome to 7804 Pace Ravine in Lakeside at Tessera — featuring thoughtful upgrades, Hill Country views, and prized privacy on one of the neighborhood’s most sought-after streets. Just steps from the lake and community amenities, this single-story home is a must see! Inside, enjoy designer-level finishes: full interior paint on ceilings, trim, cabinetry, and walls; upgraded custom lighting; durable LVP + tile flooring throughout; and tailored window treatments. The kitchen features a propane gas cooktop and wine refrigerator, while the dining area is generously sized — currently accommodating a grand piano! Storage is abundant with custom closets in the guest rooms and owner’s suite.A rare three-car garage doubles as a hobbyist’s dream: the deep third bay includes epoxy flooring, its own split HVAC for climate control, and acoustic treatments — ideal for a music, media, or podcast studio. The garage also offers an upgraded door panel with windows for natural light, side yard access, and a pre-plumb for a future water softener. Outdoors, relax and entertain with private ravine + serene hill country views, full masonry across the back elevation, lush landscaping with automated irrigation, a complete gutter system, and a propane grill connection.Lakeside at Tessera residents enjoy resort-style amenities: private boat ramp, pool, hike & bike trails, playgrounds, and direct lake access for boating and fishing — all just minutes from Lago Vista’s top-rated schools, parks, golf, and dining. Enjoy being on one of the closest streets in the neighborhood to all that Lakeside has to offer. A must see! *4th bedroom is study with no closet*
Source: ACTRIS #1104912
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.
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