2816 Tobias Ln, Aubrey, TX 76227
3 beds · 2 baths · 2,186 sqft
Welcome to this beautifully maintained one-owner home situated on a corner lot in a friendly, well-established neighborhood. With a large backyard and a 2-car garage, this home offers both convenience and plenty of space. The open floor plan and high ceilings create a bright, airy feel, with an abundance of natural light streaming through the windows. The front door faces north, and the home features rounded archways that add to its charm. The kitchen is truly the heart of the home—ideal for hosting gatherings and holiday meals. It includes a large island, a farmhouse sink, a built-in oven and microwave, and a gas stove. All Whirlpool appliances match and offer a modern, cohesive look. The kitchen cabinets are drawered for additional storage, and dimmable under-cabinet lighting enhances the space. The home features 3 spacious bedrooms, including a primary suite with a large walk-in closet. The other two bedrooms also offer generously sized closets. Both full bathrooms and hallways are wide and roomy, providing comfort and ease of movement throughout. The home feels warm and inviting, with upgrades such as solar panels and a gas fireplace that adds ambiance to the living area. The community offers a resort-style pool, walking trails, and sports fields, perfect for an active lifestyle. Located in the desirable Denton ISD and with easy access to Denton, Frisco, McKinney, and Plano, this home provides both convenience and quality of life. Additionally, an FHA Assumable Mortgage is available, making it easier for buyers to move in. This home has been meticulously cared for, with thoughtful upgrades throughout. It’s ready for you to call home!
Source: NTREIS #20786920
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 #20786920
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 of Equal Opportunity Act.