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12203 Brothers Purchase Cir

Cypress, TX 77433

4 beds · 3 baths · 4,945 sqft

$799,999

$3,749/mo at 2.75% with Roam

$5,140/mo at 7% with a bank loan

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About this home

Step into luxury with this stunning 4-bedroom, 3.5-bath home nestled in an exclusive gated community. From the gated driveway to the porte-cochere and detached 3-car garage, every detail exudes elegance. The grand foyer features a sweeping curved staircase, leading to formal dining and a private office. The chef’s kitchen boasts a spacious island, stainless steel appliances, and granite countertops, seamlessly flowing into the family room with a cozy fireplace and soaring two-story ceilings. The primary suite offers bay windows, and a spa-like bath with dual vanities, a jetted tub, and oversized walk-in shower. Upstairs, enjoy the expansive game room, media room pre-wired for surround sound, and bonus room with French doors that open to a private balcony. Three additional bedrooms and two full baths complete the upper floor. Outside, unwind by the heated pool and hot tub on the covered patio, all while taking in serene lake views. Located within the highly sought-after Cy-Fair ISD.

Source: HAR #13602247

4,945 sqft
0.2712 acres
Single Family
Built in 2007

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: Apr 14, 2025 07:59 pm
Listing provided courtesy of: eXp Realty LLC (888) 519-7431
Details provided by HAR and may not match the public record.
MLS ID: #13602247
Copyright 2025, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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