4564 Coyote Pt, Denton, TX 76208
4 beds · 2 baths · 2,953 sqft
Multiple Offers Received, Offer Deadline 5pm Tuesday April 1st. Wooded Paradise! Fully Remodeled 6+ Total Bedrooms In This Quiet Country Retreat Just 10 Minutes from Downtown Denton and TWU. 4+ Bedrooms 2953sf Main House And 2 In The 900sf Self-Sufficient Cottage, Ideal For A Work-From-Home Suite Or Multi-Generational Living. Both Boast Separate Utilities On Nearly 2 Private, Fenced Acres. Explore The Many Private Spaces To Relax, Including A Sun Room Immersed In Trees Or The Custom Brick Courtyard With A Fire Pit And Irrigated Garden. The Grand Open-Concept Kitchen and Living Area With Soaring Ceilings Are Perfect For Entertaining. Enjoy Preparing Meals On Quartzite Counters With Custom High-End Cabinets, Walk-In Pantry, RO Water Filtration, Induction Cooktop And Built-In Convection Oven. Walk On Imported Italian Tiles While You Enjoy The Silence Of Updated Laminated (Sound-Deadening) Windows. Stay Comfortable With An Updated Zoned HVAC With Antimicrobial UV Cleaner. Warm Up With A Cozy Wood Burning Fireplace While Taking In Breathtaking Forest Views. Save Money On Taxes And Utilities With An Ultra Low 1.3 Percent Tax Rate in the ETJ, Well Water and Septic, Along With A Giant Insurance Reduction For a Class IV Impact Resistant Standing Seam Metal Roof. Rest Easy During Severe Storms With A 50 Amp Back Up Port For Any Back-up Generator To Quickly And Safely Connect. Utilize The Oversize 2 Car Garage For Any Large Project, Along With A Separate Fully Electrified (50 Amp Service) 12x20 Workshop. Your Animals Will Be Safe In This Fully Fenced Property To Keep Dogs, Goats Or Chickens. Enter Effortlessly Through The Automatic Gate. Current Owners Fully Remodeled This “Forever” Home Before Relocating for Work. 11 Min From The Denton Square, 14 Min From Razor Ranch, 12 Min From I-35, 5 Min From 380 and 288 While Living A Dreamlike Wooded Paradise A World Away From It All.
Source: NTREIS #20879376
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20879376
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.