215 Tallgrass Dr, Lavon, TX 75166
4 beds · 2 baths · 2,473 sqft
**Stylish Tranquility in Lavon Farms** Nestled in the heart of Lavon, TX, this exceptional 4-bedroom, 2-bath home offers the perfect blend of modern comfort and countryside serenity. Located in the desirable Lavon Farms community, this residence boasts an open-concept design that is both functional and inviting, making it a perfect retreat for relaxation and entertainment. As you step inside, you’ll immediately notice the thoughtful layout that emphasizes spaciousness and light. The main living area flows seamlessly into the dining and kitchen spaces, highlighted by custom lighting fixtures that add an elegant touch. The kitchen is a chef’s delight with generous countertops, ample cabinetry, and a breakfast bar, creating an ideal space for meal preparation and casual dining. The home features four generously-sized bedrooms, each offering ample closet space and plush carpeting for ultimate comfort. The primary suite serves as a private oasis, with a well-appointed en-suite bath that includes dual sinks, a soaking tub, and a separate shower, providing a spa-like retreat after a long day. Set on an oversized lot, the exterior of the home is equally impressive. The backyard invites endless opportunities for outdoor fun and relaxation, whether you're planning a summer barbecue or enjoying a quiet evening under the stars. Mature landscaping frames the home, offering privacy and a sense of nature. Located within close proximity to top-rated schools in the community, this home provides both convenience and a strong sense of community involvement. Its prime location also ensures easy access to local amenities, parks, and shopping, making it an ideal setting for those seeking a harmonious balance between work and play. This property offers an unparalleled lifestyle opportunity. Contact the listing agent today to schedule a private showing and discover all that this stunning home and Lavon Farms have to offer.
Source: NTREIS #20861452
Financials
Source: NTREIS #20861452
Source: Public records
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%. 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.
Other resourcesWhat 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.
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