4833 Briarcreek Dr, Flower Mound, TX 75028
5 beds · 3 baths · sqft
Another rare opportunity to own in Timberview Estates! This Bud Bartley craftsmanship offers a well-appointed floorplan allowing you to maximize space usability while making entertaining a breeze! A beautiful retreat in a quite court-like setting w great curb appeal, interior character & a large backyard offering enough space to build a pool & backing up to the picturesque greenbelt creating an expansive, private park-like setting w minimal visual intrusion & plenty of shade offering a cool, comfortable outdoor space! You are greeted by beautiful new flooring throughout the main areas downstairs. The living area offers double-height vaulted ceilings with exquisite detail as well as a shelving wall w a recently renovated fireplace making this room great to build new memories. Adjacent to this, you'll find the open kitchen w recently refinished cabinetry, granite counters and stainless steel appliances which include a new double oven wall unit, microwave, electric cooktop & dishwasher. Cooking meals in this bright kitchen & connecting w guests outdoors was never easier due to the abundance of windows! You'll love the primary suite with two closets & the dreamy bathroom! The other 2 secondary bedrooms downstairs are spacious & have large closets! The laundry room can accommodate a fridge! Upstairs you have a loft area, full bath, bedroom with a balcony and 5th bedroom being used as a gym. This home offers all of the space you have been looking for! The garage is oversized allowing for enough space to fit every household. Well maintained home nestled in a friendly neighborhood w only a few homes! Just a short walk to Gaston Park w the new Pink Primrose Evening Trail extension providing access to multiple parks & the Promenade at the River Walk! Combining charming, country feel w modern conveniences! Enjoy the tranquility of nature while just min away from great shopping, dining, TOP-RATED schools, TX Presby +! ASK FOR UPDATES LIST & ASSUMABLE FHA LOAN @ 4.75%!
Source: NTREIS #20780196
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20780196
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: #20780196
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.