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1712 Alameda Dr

Mesquite, TX 75150

4 beds · 3 baths · 2,235 sqft

$272,999

$1,333/mo at 3.88% with Roam

$1,478/mo at 7% with a bank loan

Get prequalified

About this home

Motivated Seller * PRICED TO SELL!!! We’re thrilled to bring this gorgeous Mesquite home back to the market! A previous contract fell through due to personal reasons not the home so now is your second chance to snag an incredible property at a newly reduced price! 4 Bedrooms 3 Bathrooms 2,235 Sq Ft Dual Primary Suites (Upstairs & Downstairs) Open Layout with Hand-Scraped Hardwood Floors Decorative Ceramic Tile & Updated Granite Counters Eat-In Kitchen Stylish & Functional 2-Car Garage + 2 Additional Covered Carport Spaces Whether you’re looking for multigenerational living, a private guest suite, or simply extra space — this home offers unbeatable versatility and charm. The open-concept floor plan is perfect for hosting, while the high-end finishes bring comfort and sophistication to everyday living. Prime Location — Convenient to shopping, dining, schools, and major highways. Homes like this rarely come back around, especially at this price! Don’t miss your shot to own a beautifully updated home in a desirable Mesquite neighborhood. Contact us today for more details or to schedule your private showing!

Source: NTREIS #20874695

2,235 sqft
4,530.24 sqft
Single Family
Built in 1986
2 car garage
Air conditioning
Fireplace

$1,333/month
Compared to $1,478/mo with 7% bank loan

$85,897
16y 10mo
3.88% 7%
$85,897 at 3.88% (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
$579
Mortgage insurance
$87
Property taxes
$432
Home insurance
$234
HOA fees
-
Utilities
Not included
Total monthly payment
$1,333

Loan details
Loan type
FHA
Remaining balance
$85,897.87
Remaining term
16 yrs and 10 mos

Neighborhood
Use two fingers to move the map

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 28, 2025 12:21 pm
Listing provided courtesy of: Bradford Elite Real Estate LLC (972) 212-5206
Details provided by NTREIS and may not match the public record.
MLS ID: #20874695
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.