Experience the perfect balance of luxury, privacy, and modern efficiency on this exceptional 1-acre estate in highly sought-after Argyle ISD. From the moment you enter, soaring ceilings, a dramatic curved staircase, rich hardwood floors, and walls of windows create an unforgettable first impression. Designed for both elegant entertaining and comfortable everyday living, this thoughtfully crafted home offers 5 bedrooms (or 4 bedrooms plus a private study), 4.5 baths, a spacious game room, dedicated media room, and expansive open-concept living areas. At the heart of the home, the chef's kitchen features floor-to-ceiling cabinetry, double ovens, a gas cooktop, an oversized island, walk-in pantry, and seamless flow into the family room and dining area, making it ideal for hosting family and friends. Step outside to your own private resort where a sparkling pool and spa, outdoor kitchen with bar, covered patio with fireplace, and generous entertaining spaces create the perfect setting for relaxing or gathering year-round. What truly sets this home apart is its commitment to energy independence. The fully owned solar panel system, Tesla Powerwall whole-home battery backup, and Tesla EV charger transfer with the property, providing exceptional efficiency, peace of mind during power outages, and no solar lease payments. Additional features include a 3 car garage, professionally landscaped grounds, permanent Govee Pro exterior lighting, smart home technology, and a long list of thoughtful updates throughout. Enjoy the tranquility of acreage living with the convenience of nearby shopping, dining, DFW Airport, and major highways. This is a rare opportunity to own a home that offers timeless design, luxury amenities, and cutting-edge energy technology, all in one of North Texas' most desirable communities.
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.
