3408 Kodiak Dr, Melissa, TX 75454
4 beds · 3 baths · 2,688 sqft
Step into comfort and style in this beautifully maintained 4-bedroom, one-story gem, with pool and on a cul de sac. This thoughtfully designed Chesmar home features a spacious, open layout perfect for both relaxed family living and effortless entertaining. Working from home, you will appreciate the dedicated office space with windows overlooiking front yard area. Focal point is the gourmet kitchen with a huge island perfect for homework, baking, and gatherings. Gas stove and an abundance of cabinets. Whether it’s a casual game night or a festive family gathering, there’s room for it all. Huge living space has installed surround sound speakers and beautiful fireplace. Tucked away for ultimate privacy, the primary suite is your personal retreat. Thoughtfully split from the other three bedrooms to create a quiet escape for any time of day. Designer en-suite bath, featuring a large walk-in shower, luxurious soaking tub, dual vanities, and upscale finishes easily creating that pampered feeling. An added bonus, is a private door leads straight from your bedroom to the backyard patio—perfect for morning coffee poolside or relaxing evenings. A 2nd living or what could be a gaming or media area is in the wing with the other 3 bedrooms and 2 full bathrooms. Providing a hangout separate from main living areas. And when the Texas sun gets to shining? Step out to your private patio complete with outdoor kitchen and heated pool ideal for year-round enjoyment, weekend BBQs, or simply unwinding after a long day. This home could be your own staycation lifestyle. Additional features is the home has no carpet, energy efficient with solar, and outside storage building. You're also close to major highways for a quick commute to the metroplex. With a Kroger Marketplace nearby and an H-E-B coming soon, your grocery game just leveled up. Don’t miss your chance to live in one of the fastest-growing, most sought-after areas north of Dallas—this Melissa beauty checks all the boxes!
Source: NTREIS #20897892
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 #20897892
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.