4239 Concho St, Dallas, TX 75206
4 beds · 5 baths · 4,665 sqft
New construction home conveniently located in Mockingbird Elementary. Features transitional finishes seamlessly blending modern elegance with a functional, flexible floor plan offering both style and practicality. Soaring 11' ceilings and smooth museum finished walls with designer art and entry lighting beckon you into this stunner. The expansive study at the front of the home showcases coffered ceilings and a large walk-in storage providing the flexibility to easily transform into a second downstairs bedroom or an additional living area. The gourmet kitchen is a chef’s dream, featuring a second sink and prep area, Sub-Zero and Bertazzoni appliances, and Brizo fixtures. Stunning white oak cabinetry and expansive marble countertops make this kitchen a centerpiece in the home. The living area boasts elegant arched built-ins, a beautifully designed wet bar, and a custom fireplace surround. The dining area features vaulted ceilings, adding a sense of formality to a space that effortlessly accommodates both everyday meals and formal dining occasions. An inviting outdoor living space, complete with a fireplace and grill, seamlessly extends the indoor living room. The spacious backyard offers plenty of room for a pool. The second floor is impeccably designed, featuring a spacious game room with an alcove ideal for built-ins or workouts. Each secondary bedroom includes its own ensuite for added privacy. The expansive primary suite includes a closet that's truly envy-inducing and the primary bath is elegantly designed with fluted white oak cabinetry and stunning marble countertops. The builder invested significant time and attention not only in the visible high-end finishes but also in the unseen, high-quality construction components including turnkey camera system, smart access and surround sound wiring, 2x6 framing and spray foam insulation, Anderson windows and Trane HVAC systems keeps you comfortable all year long.
Source: NTREIS #20754676
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20754676
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #20754676
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.