1408 Stoneleigh Pl
Aubrey, TX 76227
4 beds · 3 baths · 2,996 sqft
$475,000
Get prequalifiedAbout this home
Welcome to this beautifully designed 4 bed, 3 bathroom home with a 3 car garage, offering the perfect blend of comfort and sophistication. Nestled in a sought-after neighborhood, this home boasts an open-concept layout with high ceilings and abundant natural light. The gourmet kitchen is a chef's dream, featuring elegant granite countertops, a large island with bar seating, stainless steel appliances, custom cabinetry, and a stylish subway tile backsplash. Flowing seamlessly into the living area, you'll love the cozy stone fireplace, creating the perfect ambiance for relaxation. The primary suite is a true retreat, offering a spacious bedroom with vaulted ceilings and a spa-like en-suite bathroom complete with a soaking tub, walk-in shower, and dual vanities. Additional split bedrooms are generously sized, providing flexibility for guest rooms or a growing family. Home also features a spacious home office perfect for those remote workers. Upstairs, a large bonus room makes for the ideal game room, media room, or second living space. Outside, the covered patio overlooks a large private backyard, perfect for entertaining, play, or future customization. With wood-look tile flooring, upgraded fixtures, ample storage, and a prime location near top-rated schools, shopping, and dining, this home truly has it all. The Community features a a soccer complex, 3 playgrounds, 2 swimming pools, extensive walking trails, a work out station, and 3 large ponds perfect for feeding the ducks or teaching your kids how to fish.
Source: NTREIS #20854717
Neighborhood
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.
