1625 Veneto Dr, Rockwall, TX 75032
4 beds · 4 baths · 2,991 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home in the heart of growing McClendon-Chisholm, located just minutes from the charming towns of Heath and Rockwall, and within the highly acclaimed Rockwall ISD. As you step through the front door, you're greeted by a soaring high-ceiling foyer that immediately sets the tone for this spacious and thoughtfully designed home. Featuring two bedrooms on the main floor, including a luxurious master suite and a secondary bedroom with its own ensuite bathroom. This layout is perfect for multi-generational living or guest accommodations. Upstairs, you'll find two additional generously sized bedrooms and a versatile game room equipped with six in-ceiling high-end home theater speakers—ideal for movie nights or entertaining. The heart of the home is the open-concept living area, which seamlessly connects to the kitchen and dining space. Natural light pours in through large windows dressed with elegant 2” blinds, showcasing the hand-scraped hardwood floors and tasteful finishes throughout. The kitchen is a chef’s delight with a 2022 LG WiFi-enabled appliance suite, gas stove, and plenty of space for both cooking and gathering. Storage won’t be an issue here—enjoy XL closets throughout, an extra-large storage closet off the front entrance bonus room, and a convenient walk-in attic upstairs for easy access. Step outside to your private retreat: an oversized lot with an expansive backyard that’s a true blank canvas. Whether you envision a sparkling custom pool, lush landscaping, or an outdoor kitchen and fire pit, this space is ready for you to build the outdoor oasis of your dreams. You'll also love the meticulously designed bird garden, a serene haven for morning coffee or sunset relaxation. This home is within walking distance to the community pool, playground, and scenic fishing pond, a true lifestyle upgrade for those who appreciate nature and neighborhood charm.
Source: NTREIS #20822320
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20822320
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 and Equal Opportunity Act.