4112 Lafayette St
Dallas, TX 75204
3 beds · 3 baths · 2,030 sqft
$499,000
Get prequalifiedAbout this home
This immaculate townhome in the heart of Dallas is move-in ready and packed with perks inside & out! Don’t miss the ROOFTOP DECK offering private outdoor space with skyline views of Downtown Dallas. Expansive 3-story layout with an open floor plan on the main floor featuring hardwood floors, oversized windows, high ceilings, wainscoting & crown molding details. Second floor opens to a light & bright kitchen complete with subway tile backsplash, chalkboard painted pantry, granite island, breakfast bar & TONS of cabinet storage. Powder room adjacent to kitchen. Dining area flows into the living room, boasting crisp details & amazing natural light that pours across the entire layout! Large primary suite on the top floor features a huge walk-in closet, dual vanities, separate glass shower & soaking tub, plus office space or 3rd bedroom on the opposite side of the floor. Secondary bed & ensuite bath on the first floor could be utilized as an IN-LAW SUITE! Laundry room on first floor next to the unit’s private entry via 2-car garage, complete with even more storage space. PLUS this gated community could not be more conveniently located—steps from multiple grocery stores, neighborhood parks & schools. Bordering Old East Dallas, minutes to SMU, shopping & dining at West Village, or the nightlife in Uptown Dallas.
Source: NTREIS #21010267
Payments are estimates and subject to approval.
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FAQs
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.