400 Windridge Dr, Little Elm, TX 75068
3 beds · 2 baths · 1,610 sqft
***New roof and gutters APR 2025, and back on market due to no fault of the seller's. Charm throughout! This pristine single-story home sits on an oversized corner lot in the highly desirable Lakewood Estates neighborhood. Set in a welcoming, close-knit community, it offers the perfect blend of small-town charm and modern convenience, with easy access to Lake Lewisville, The Cove, Little Elm Park, and a variety of local shops and dining. Ideally positioned for an active and connected lifestyle, this home provides both comfort and accessibility. Inside, the home is meticulously maintained, featuring an open and airy layout with soaring ceilings and expansive windows that flood the space with natural light. The spacious living area flows effortlessly into the well-designed kitchen and breakfast nook, where a charming bay window adds warmth and character. The kitchen offers both style and functionality with custom cabinetry, a flat cooktop, a built-in microwave, and recessed lighting. The private primary suite serves as a serene retreat, complete with an en-suite bath featuring a double-wide shower, dual sinks, and a large walk-in closet for ample storage. Two additional split bedrooms offer generous closet space, making them ideal for family or guests. Step outside to enjoy the covered patio and fully fenced backyard, providing plenty of green space for pets, play, and outdoor gatherings. This immaculate home is move-in ready and perfectly positioned for those seeking both a vibrant community and everyday convenience. Call to schedule your private showing and start packing!
Source: NTREIS #20825924
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20825924
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.