1469 Lakeview Dr, Azle, TX 76020
4 beds · 3 baths · 2,384 sqft
This stunning, well-maintained home offers 4 bedrooms, 3 baths, and a dedicated office-studio within a spacious open floor plan with high ceilings that create a bright, airy atmosphere. Featuring decorative lighting throughout, this home is truly move-in ready. Located less than 2 miles from Eagle Mountain Lake in the award-winning Azle ISD, and best of all, NO HOA, it offers the perfect balance of comfort and convenience. The kitchen, designed for entertaining, boasts an island, granite countertops, stainless steel appliances, and ample storage for all your cooking and baking essentials. Upstairs, an extra room currently used as an office could easily be converted into a den, adding even more flexibility to the home. Step outside to a large backyard oasis with a covered patio and fire pit, perfect for gatherings, while the generous spacing between homes ensures added privacy. When the home was built, the driveway was extended, creating an oversized space with plenty of room to park a trailer or boat. The property also includes a storage shed, a 50 AMP hookup for an RV in the garage, and a new water heater installed in February 2025. Just minutes from dining, shopping, and a public boat ramp, this home provides easy lake access for fishing and boating while offering the ideal blend of comfort, convenience, and charm for a peaceful yet active lifestyle. Assumable FHA loan available at a very low interest rate. Property located in a USDA-eligible area. Schedule your showing today!
Source: NTREIS #20881721
Financials
Source: Public records
Source: NTREIS #20881721
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.