5413 Glenscape Cir, Plano, TX 75094
4 beds · 3 baths · sqft
Over $260k in upgrades! Welcome to this stunning, impeccably maintained home, where luxury & functionality blend in perfect harmony. The open-concept design greets you with soaring ceilings and abundant natural light pouring through large windows. The chef’s kitchen is a masterpiece, featuring upgraded quartz countertops, built-in oven and microwave, gas cooktop, and an oversized island that flows seamlessly into the living & dining spaces. The spacious primary suite offers a peaceful retreat with a spa-like bath, complete with a freestanding tub, walk-in shower with a frameless glass enclosure, dual vanities, and a walk-in closet. The first floor also features a formal dining room (currently used as a sitting room), a dedicated office and a guest bedroom with a full bath. Upstairs, discover a large game room, and two additional bedrooms that provide plenty of space for family and guests with a Jack & Jill bath. Step outside to your private backyard oasis, featuring a custom heated pool with a negative-edge spa, water features, and an outdoor kitchen perfect for entertaining year-round. The expansive outdoor area is enclosed by an 8 ft. privacy fence with custom wood enclosures for added security and elegance. The front driveway has been extended to accommodate three parking spots. The detached 11'x26' custom-built shed offers additional storage or workspace options. Other notable upgrades include power blinds on 54 windows, updated kitchen and bathroom hardware, glass enclosures in all bathrooms, a comprehensive ADT security system (owned and conveys with the home), and custom cabinetry in the laundry room and garage. Zoned to Plano ISD, conveniently located to a multitude of shopping & dining options, and major highways, this home perfectly blends luxury, comfort, and convenience. With hundreds of thousands in upgrades, this home is a rare find in Plano’s thriving market. Schedule your showing today to experience everything this exceptional property has to offer.
Source: NTREIS #20808102
Financials
Source: NTREIS #20808102
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.