Live in the heart of it all with this three-story townhome ideally positioned just moments from Henderson Avenue, one of Dallas’ most vibrant and evolving corridors. Located approximately 800 feet from hotspots like Skellig, Lawnies, and a curated mix of restaurants, coffee shops, and nightlife, this home places you right in the center of the action, with a new mixed-use development further elevating the area’s energy and walkability. Designed for both convenience and comfort, the location offers quick access to US-75, making commuting across Dallas seamless, while being just 1.5 miles from Uptown, less than a mile to Knox Street and the Katy Trail, and approximately 2 miles to SMU. Tucked within the Belmont townhome community and framed by mature trees along the walk-up, the setting feels unexpectedly peaceful and private, creating a quiet retreat just moments from the city’s best dining and entertainment. Inside, the home blends timeless character with functional living across three levels, featuring 2 bedrooms, plus a dedicated study perfect for a home office. The oversized primary suite feels like a true retreat, complete with two large walk-in closets and a spacious en-suite bath with dual sinks, separate shower, and large tub. Rich hardwood floors and warm finishes bring a sense of depth and style that stands apart from the typical “white box” aesthetic. The kitchen is outfitted with stainless steel appliances and opens into inviting living spaces ideal for hosting or unwinding after a night out. Enjoy two private outdoor spaces, including a balcony off the main living and dining area, complete with additional storage, and a private yard below, offering rare flexibility for both entertaining and everyday living. Complete with a 2car garage, and tucked within a semi-gated community, this home delivers the perfect balance of privacy, connectivity, and lifestyle in one of Dallas’ most desirable locations. Patio and yard photos soon! Low HOA, $350 QUARTERLY!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
