4916 Mcclellan Dr
Frisco, TX 75036
4 beds · 4 baths · -- sqft
$535,000
Get prequalifiedAbout this home
Welcome to your private retreat! This exceptional 1.5-story home combines modern living with serene privacy, offering a rare opportunity in a gated community near the lake. With its front-entry garage and a backyard that backs to lush greenery with no neighbors behind, this home is a true oasis of tranquility. Step inside to discover a thoughtfully designed floor plan that blends functionality with style. The main level features an open-concept living area bathed in natural light, making it perfect for entertaining. The chef’s kitchen boasts upgraded countertops, ample cabinetry, and modern appliances, seamlessly connecting to the dining and living spaces. The primary suite on the main level is a true retreat, showcasing serene views of the treetops, a generous walk-in closet, and a spa-like en-suite bath with double vanities, a soaking tub, and a separate shower. Three additional bedrooms downstairs offer flexibility for family, guests, or a home office. The upstairs half-story includes a bonus room—ideal for a media room, playroom, or private guest suite. The backyard is where this home truly shines. Relax on the covered patio, surrounded by the sights and sounds of nature, with the added luxury of complete privacy. With no neighbors behind, this is the perfect space for morning coffee, evening unwinding, or entertaining under the stars. Nestled in a gated community just minutes from the lake, this home offers unparalleled access to outdoor activities, including boating, paddle boarding, and serene lake views. Additional features include updated flooring, energy-efficient systems, and abundant storage throughout. Don’t miss this opportunity to own a one-of-a-kind home in a premier location! Schedule your private showing today and experience the unmatched privacy, charm, and convenience this home has to offer.
Source: NTREIS #20783373
Neighborhood
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.