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12105 Mossygate Trl

Manor, TX 78653

4 beds · 3 baths · 2,437 sqft

$415,000

$2,580/mo at 3.75% with Roam

$3,086/mo at 7% with a bank loan

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About this home

SHORT SALE - Call to inquire about this if you need more details. Waiting for offer(s) to send to bank so bring all offers.

Source: ACTRIS #5829295

2,437 sqft
6,599.34 sqft
Single Family
Built in 2017
2 car garage
Air conditioning
Shared pool

$2,580/month
Compared to $3,086/mo with 7% bank loan

$269,794
22y 6mo
3.75% 7%
$269,794 at 3.75% (FHA)
$0 at 8.125% No GAP financing needed

Payments are estimates and subject to approval. To learn more about rates, contact us.


Payment details
Principal & interest
$1,480
Mortgage insurance
$226
Property taxes
$459
Home insurance
$356
HOA fees
$57
Utilities
Not included
Total monthly payment
$2,580

Loan details
Loan type
FHA
Remaining balance
$269,794.57
Remaining term
22 yrs and 6 mos

Neighborhood
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FAQs

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.

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Last updated: Jul 25, 2025 05:09 am
Listing provided courtesy of: Sunshine Realty Group (512) 607-5577
Details provided by ACTRIS and may not match the public record.
MLS ID: #5829295
Based on information submitted to the MLS GRID as of Jul 28 2025 - 20:58. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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