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$550,000 SIGNIN

Sign in to see required down payment for the 4.75% rate

4833 Briarcreek Dr, Flower Mound, TX 75028

5 beds · 3 baths · 2,713 sqft

This house comes with a REDUCED RATE as low as 5.125% as of 3-21-25 w as little as 3.5% down! THREE BEDROOMS DOWN! NATURE VIEWS FROM EVERY ROOM & BACKYARD & EVEN CATCH DEER SIGHTINGS! 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 greenbelt & quick access to the Pink Evening Primrose Trail-part of a 32 mile system of hike & bike trails w 3 trailheads distributed at convenient intervals. 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 +!

Estimated
Seller's interest rate
4.75%
7%
Estimated
Monthly payment

$2,583
$2,983
You may also save up to $114,597 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,983 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
4.75%
Remaining term
23 yrs and 10 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,583
Principal & interest
$1,736
Mortgage insurance
$235
Property taxes
$138
Home insurance
$472
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,713 sqft
Lot size
0.231 acres
Year built
1986
Type
Single Family Residence
HOA dues
$0.00

Source: NTREIS #20780196

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 14, 2025 07:59 pm
Listing agent: Gladys Parke (214) 448-9115
Listing provided courtesy of: Ebby Halliday Realtors (972) 539-3000
Details provided by NTREIS and may not match the public record.
MLS ID: #20780196
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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