1000 Long Isles Ln, Lewisville, TX 75056
6 beds · 7 baths · 9,853 sqft
Get a free consultation call with an expert in the mortgage assumption process.
*** Open House on Saturday, April 26th, 1:00PM - 4:00PM. *** Spectacular million dollar remodel performed in 2024. Imagine stepping into a world where luxury and breathtaking views embrace you at every turn. This magnificent Mediterranean-style estate, sprawling across nearly 10,000 square feet on a lush 0.6-acre lot, is nestled in the heart of the prestigious, 24-hour guard-gated community of Castle Hills. Here, life unfolds in a way that feels both extraordinary and inviting. With its elegant three-story design, complete with an elevator and stunning views of the golf course, this home is a sanctuary of sophistication. Picture yourself entering through an awe-inspiring foyer, finding inspiration in a distinguished study, enjoying playful moments in the game room, and retreating to private bedroom suites. The main living area is a masterpiece of design, featuring massive glass windows that flood the space with light, a grand dining room perfect for gatherings, and a full wet bar and butler’s pantry for effortless entertaining. The modern Chef's Kitchen is a dream come true, with top-of-the-line 72-inch Subzero-Wolf appliances, an exquisite Italian marble island, and a sunny breakfast nook that offers glorious views of the golf course. There's ample unfinished space waiting to be transformed into your personal gym or bowling alley, tailored to your desires. The opulent primary retreat is a peaceful haven, complete with a cozy fireplace, a spa bath with a jacuzzi tub, and his-and-her custom walk-in closets. The primary bedroom also features a sunny sitting room with serene views of the backyard and golf course. The lower level is a vibrant hub of entertainment and wellness, boasting a sixth bedroom, a full wet bar, a sauna, a wine cellar, a card room, a game room, and an 8-seat theater room. Step outside to the resort-style backyard, where an infinity pool with cascading waterfall and double-level patios invite you to relax and unwind in the ultimate luxury.
Source: NTREIS #20881318
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20881318
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.