3406 Springwood Ln, Dallas, TX 75233
3 beds · 3 baths · 2,559 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stylish Mid-Century Charm Meets Modern Comfort in Westwood Park! Welcome to this stunningly updated home, ideally set on a corner lot in the desirable, tree-lined Westwood Park neighborhood. Boasting two spacious primary suites—one upstairs and one down—three full bathrooms, and a 2-car garage, this home offers unmatched flexibility and thoughtful design. The entire first floor features brand-new waterproof luxury vinyl plank flooring, while the sunroom is flooded with natural light thanks to brand-new windows and a sliding patio door—opening to a freshly sodded backyard with landscaped retaining walls. It’s the perfect space to relax, entertain, or enjoy the peaceful outdoors. The kitchen has been completely reimagined with custom cabinetry, quartz countertops, and stainless steel appliances, including a new range and dishwasher. A large pantry and glass tile backsplash complete the modern aesthetic. Upstairs, the oversized suite can serve as a second primary bedroom—or be easily converted into two standard bedrooms, transforming this into a 4-bedroom home to suit your lifestyle needs. The downstairs primary suite offers a spa-like retreat, with an XL walk-in shower and custom cabinetry, while the updated guest and upstairs bathrooms deliver comfort and style throughout. Major system updates add incredible value and peace of mind: Roof replaced in 2020 ($21,000) with new gutters New water heater (2022) Multi-zone sprinkler system New carpeting in all bedrooms Ceiling fans, LED recessed lighting, security system, & fenced backyard Brick exterior with wood siding accents Enjoy two spacious living areas, sunroom or office, and a updated den with a gas fireplace with gas logs and recessed lighting. All of this, just one block from the bus line and close to schools, nestled in a beautiful, hilly community known for its charm & mature trees. This home truly has it all—classic character, modern upgrades, and room to grow. Come see it for yourself!
Source: NTREIS #20913351
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 #20913351
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 and Equal Opportunity Act.