1 of 26
$475,000 SIGNIN

Sign in to see required down payment for the 3.4% rate

2416 Coyote Way, Justin, TX 76247

4 beds · 3 baths · 2,632 sqft

Located in the highly sought after community of Pecan Square, this stunning 1.5-story home offers the perfect blend of space, style, and functionality. The home features 3 bedrooms and a private study on the main level, along with a spacious bonus room upstairs that includes a full bathroom and can be used as a fourth bedroom, media room, or second living area. With 3 full bathrooms, a large living room filled with natural light, and an open-concept layout, this home is both inviting and versatile. The kitchen is ideal for entertaining, complete with granite countertops, under-cabinet lighting, and generous cabinet storage. Recent upgrades include a 12 x 18 covered patio extension, an additional 11 x 14 patio space, a freestanding 7-person hot tub, decking added to attic space for storage, a custom 7-foot sliding barn door at the study, and enhanced landscaping for great curb appeal. Residents will enjoy community amenities such as walking trails, a pool, pickleball courts, fitness center, dog park, Jackson Hall, The Arena, and more. Convenient access to I-35, local restaurants, and shopping. Golf cart friendly community.

Estimated
Seller's interest rate
3.4%
7%
Estimated
Monthly payment

$2,336
$2,930
You may also save up to $178,269 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,930 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
3.4%
Remaining term
25 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,336
Principal & interest
$1,391
Mortgage insurance
$222
Property taxes
$119
Home insurance
$407
HOA fees
$195
Utilities
Not included

Source: Public records

Home details
Size
2,632 sqft
Lot size
0.13 acres
Year built
2019
Type
Single Family Residence
HOA dues
$195.00

Source: NTREIS #20892446

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 18, 2025 12:29 am
Listing agent: Vanessa Fillingim
Listing provided courtesy of: INC Realty LLC (972) 351-1095
Details provided by NTREIS and may not match the public record.
MLS ID: #20892446
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 of Equal Opportunity Act.