157 Lehman Ln Bastrop, TX Reduced to $99,800

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VIRTUAL HOME TOUR

Are you looking for an affordable home on two acres with peaceful  country living with fresh air that you just can’t find in city Bastrop or Austin?  Well look no further.  I have this great manufactured home located in Rockne, TX just down the street from the Rockne Grocery Store and Leon’s Country Store , one of Bastrop’s oldest gathering place where you can shoot pool, have a beer and listen to live country music on almost any weekend.  Although the home has a Bastrop address is’s actually located out Hwy 20 in Rockne, TX. 

 

 

This three bedroom two bath home was manufactured in 1998 has about 1,512 square feet of open living space, large kitchen,  master bath and two other bedrooms located on the opposite side of the home is perfect for the first time home buyer.   The beautiful two acres is 100% fenced and suitable for horses, limited live stock, gardening,other outdoor activities and many other possibilities.  This Rockne home comes with a refrigerator, large storage building that can store all of of your outdoor lawn equipment, horse tack, gardening supplies and who knows you might even be able to park the Porsche inside.  There is another 12X18 insulated building complete with air-conditioning that is negotiable for the serious buyer only and of course for the right price.  Oh, I can’t forget about the 54″ 26 Hp ridding lawn mower that’s a work horse and will be needed to maintain this property is negotiable as well for make us an offer.

 

 

if you or anybody you know are interested in taking a closer look at this home please give me a call to schedule a time.  What’s it going to hurt and who knows you might just fall in love with the home and Rockne and and I can have you and your family moving in before you can blink an eye.  Please take a look at the VIRTUAL TOUR and give me a call.

Home Loan Assumability is Making a Comeback in Bastrop

Sell or Buy David Board is your Guy!

Sell or Buy David Board is your Guy!

 

As interest rates slowly increase, we’re starting to see more and more buyers in Bastrop, TX taking advantage of assumable home loans to make the purchase. Mortgage assumability is a feature that enables homebuyers to take on the loan previously obtained by the seller. The catch here is that the buyer has to pay interest at the same rate as the seller did. This feature is limited to mortgages that are covered by the Department of Veterans’ Affairs (VA) or the Federal Housing Administration (FHA). If you have a loan insured by either of these government bodies and are looking to sell your home, now is the time to market the mortgage along with the home.  With interest rates increasing, this is a convenient option for potential home buyers in Bastrop since the seller may have obtained the mortgage at a rate lower than the prevailing one in the market today. Aside from the cheaper mortgage payment, there are a few other benefits of home loan assumability for the buyers.

  • The buyer doesn’t have to pay the additional processing fees charged by lenders when originating a new home loan. There are many charges and expenses associated with getting a new mortgage that are completely avoided.

 

 

  • The buyer doesn’t have to get the house appraised (and pay for this expense). Many buyers may still bear this expense voluntarily but its not a requirement when taking advantage of an assumable loan.

 

 

  • A recording tax may not have to be paid.  A recording tax is normally paid each time a mortgage is obtained on a property. In this case, since a new mortgage is not being originated, a new tax will likely be avoided altogether.

 

  • Since some part of the loan would have already been paid off by the seller, it is likely that a larger chunk of the mortgage payment goes towards paying off the principal amount.

 

 

  • These are some of the benefits for homebuyers to assume home loans when buying a new home in Bastrop Now this may not turn out to be the best option for all buyers. For instance, if you are looking to buy a home for the first time, you might not be able to get 100% financing. Let’s say the value of the house is $150,000 while the seller owes $100,000. You will have to make up the difference of $50,000 by paying cash or by negotiating with the seller for seller financing.

 

 

Buyers also still have to undergo the standard screening process for creditworthiness by the VA or FHA. Finally, the buyer has to waive the seller off all future responsibilities and obligations pertaining to the loan.

 

 

In a market where interest rates are on the rise, home loan assumability is a great option for buyers. Interested in learning more about how you can take advantage of this? Give me a call and I’d be happy to discuss.

Country Home in Dale, TX $260,000

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Virtual Tour

This very spacious gorgeous 4-bedroom, 2-bathroom 2,600 +/- sf home is located in Dal Valle, TX is just a short distance from the Circuit of Americus Formula 1 Race Track, Bergstrom International Airport with easy access to the 130 Toll Road. Don’t miss this unique opportunity to view this home that is complete with a mother-in-laws floor plan, fireplace, sparkling granite counter tops, custom wood cabinets, tile floors, large bedrooms, recessed lights throughout the home and an open backyard patio for family fun and entertainment.  All of this on a very large 1.319 +/- acres of open space large enough for a swimming pool or other outdoor recreational activities.  This home in located on the Cielo Vista Ranch subdivision  located off FM 812 in the southwestern portion of  Bastrop country.  

Bastrop Tradition: Happy Holidays

Home for the holidays? It really has special meaning when you find the perfect home for you and your family.  As you unpack your lives, dreams, and settle in the wonderful and historic community of Bastrop, Texas bringing with you old family traditions and starting new ones as you begin your new adventure in Bastrop.

Bastrop’s River of Lights Walking Trail

One of the most treasured Bastrop traditions that take place each year is the River of Lights Walking Trail. The trail takes place in Fisherman’s Park which is along the Colorado River. It continues for half a mile to Ferry Park. It has been popular since its inception, with over 100 sponsors in the first year. Each year, area merchants, businesses, churches, community groups and individuals decorate trees with lights, garland and all of the trimmings and set up lighted Christmas and Holiday displays. There are many individuals who sponsor a memorial for loved ones or simply want to decorate one of the trees in the park. There are about 20 various school groups, Band Boosters, PTA, Boy and Girl Scout Troops, 4H Clubs and other community groups set up stands along the trail selling cookies, hot chocolate and coffee to raise money for their projects. This is a great healthy tradition to enjoy a stroll along the River of Lights after your holiday meals. The half mile trail is open from the Friday after Thanksgiving evening until New Years Eve.

Bastrop. Texas is located on Highway 71, a short ride from the Austin Bergstrom International Airport and Austin, the States Capital. If you’re interested in a personalized tour or real estate consulting in the Bastrop area, set up an appointment with me. I have the resources to guide you through the sometimes complex home buying process and I will do my very best to ensure a smooth transition for you and your family.