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$364,995 SIGNIN

Sign in to see required down payment for the 3.88% rate

2500 Rockbrook Dr # 2A, Lewisville, TX 75067

3 beds · 4 baths · 1,802 sqft

Stunning Condo in an amazing location is ready for its new homeowner! This home offers a highly sought after floor plan which includes a large living and entertaining space along with 3 bedrooms and 3.5 baths! With recent updates of flooring and carpet, this home is ready for its new owner to make it their own! The first floor has an attached garage leading into the downstairs area with your front entryway, as well as a bedroom or office area with an ensuite bath. The second floor offers a kitchen with a recently replaced stove and dishwasher, a large dining area with a balcony to enjoy your morning coffee or a relaxing afternoon, and a spacious living room that is waiting for entertainment. There is a half bath for guests right across from the kitchen so that all bedrooms can maintain privacy. The third floor boasts the master retreat with a large ensuite bathroom as well as a third bedroom with an ensuite bath. The laundry room is also located upstairs so it's close to the bedrooms and easy to get to. You can't beat the location, close to restaurants (Saltgrass, Chick Fil A), shopping (Target, Costco), quick access to 121 and I35 just to name a few. Downtown living without the downtown prices. HOA covers all outside maintenance, lawn care, water and trash!

Estimated
Seller's interest rate
3.88%
7%
Estimated
Monthly payment

$1,521
$1,729
You may also save up to $51,897 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 $1,729 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
3.88%
Remaining term
20 yrs and 10 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,521
Principal & interest
$683
Mortgage insurance
$102
Property taxes
$92
Home insurance
$313
HOA fees
$330
Utilities
Not included

Source: Public records

Home details
Size
1,802 sqft
Lot size
0.16 acres
Year built
2008
Type
Condominium
HOA dues
$330.00

Source: NTREIS #20787372

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 22, 2025 09:03 am
Listing agent: Ryan Collinsworth
Listing provided courtesy of: Keller Williams Realty-FM (972) 874-1905
Details provided by NTREIS and may not match the public record.
MLS ID: #20787372
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.
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