114 S Shady Shores Rd, Denton, TX 76208
4 beds · 3 baths · 2,254 sqft
Nestled in the peaceful community of Shady Shores, Texas, 114 S Shady Shores Road offers a perfect blend of comfort, space, and convenience. Situated on a generous half-acre lot, this charming home provides ample outdoor space, mature trees, and a serene atmosphere. Boasting four spacious bedrooms and three full bathrooms, including two primary suites, this property is ideal for multi-generational living or accommodating guests with ease. Inside, the home features approximately 2,254 square feet of well-designed living space. The open floor plan allows for seamless flow between the living and dining areas, complemented by abundant natural light. Recent updates include, fresh interior paint, double-paned window replacements, refurbished hall bathroom, new toilets and duct work, ensuring modern comfort and efficiency. The kitchen is equipped with essential appliances and ample cabinetry, making meal preparation a delight. Step outside to the expansive backyard, where mature trees provide shade and privacy, creating a perfect setting for outdoor relaxation. A sunroom, or enclosed patio, with hot tub, offers a great space for entertaining, while the large driveway provides ample parking for multiple vehicles, including boats or RVs with the additional, RV pad with 30 amp electrical outlet. The property also features a two-car garage for secure parking and storage. As well as an additional 39x15 workshop with electric located behind the home. The location is ideal, with easy access to local parks such as Big Sandy Park and free boat launch, nearby schools, shopping centers, and dining options. Convenient routes to major highways make commuting a breeze while still allowing for a quiet, suburban lifestyle. Offering a balance of modern updates, ample space, and a prime location, 114 S Shady Shores Road is a fantastic opportunity to own a beautiful home in a sought-after area.
Source: NTREIS #20892579
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20892579
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 of Equal Opportunity Act.