9437 Caves Valley Dr Austin, TX 78717
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About this home
Rare corner-lot gem in the highly sought-after Avery Ranch community, designed for both comfort and endless possibility. This beautifully maintained home features three spacious bedrooms plus a dedicated office with its own closet, giving you the flexibility to work, create, or host with ease. Step inside and be welcomed by large tile flooring throughout the main living areas and high ceilings that add openness and light to every room. The layout is ideal for both everyday living and entertaining, with a warm fireplace, a formal dining room, a breakfast nook, and an open-concept living area that flows effortlessly from one space to the next. The kitchen is a true standout—featuring gleaming countertops, a stylish tile backsplash, rich pecan cabinetry, and a built-in oven. Whether you're prepping for a dinner party or a quiet meal at home, you’ll appreciate the function and style this space offers. Retreat to the large primary suite, complete with a private ensuite bathroom and a generously sized walk-in closet, creating a peaceful haven just for you. Outside, the landscaped yard and oversized corner lot set the stage for your future backyard oasis. The private, fenced backyard includes a covered patio, and there's plenty of room to add a pool or create your own outdoor sanctuary. Located just minutes from public transportation and the Lakeline Station, with a short drive to downtown Austin's vibrant music scene, and in close proximity to miles of hiking and biking trails, this home offers the perfect balance of nature, convenience, and city life. Plus, enjoy Avery Ranch’s top-rated schools and unmatched amenities—from pools and parks to golf and trails. This home isn’t just a place to live—it’s the lifestyle you’ve been envisioning. Welcome to your next chapter.
Source: ACTRIS #3333433
Neighborhood
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.