613 Spur Rdg, Princeton, TX 75407
4 beds · 2 baths · 1,592 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully, well maintained 4-bedroom, 2-bathroom home in the heart of Princeton, Texas! Perfectly positioned directly across from the neighborhood playground—you can keep an eye on the kiddos or simply enjoy the peaceful view from your front windows. The front exterior boasts a charming luxury brick and stone combo look, including two upgraded mature Texas Red Maple Oak trees surrounded by elegant stone borders and a charming flower garden. Step inside to find luxury vinyl plank flooring installed throughout, offering both style and durability. NO CARPET! The kitchen and bathroom features upgraded cabinet hardware, creating a modern touch in this warm and welcoming space. The primary bathroom features an oversized closet perfect for your wardrobe needs. But the true showstopper? The extended concrete patio and custom-built pergola—designed with both style and functionality in mind. This isn’t your average pergola; it’s constructed with reinforced materials for lasting durability and shade, making it the perfect spot for enjoying coffee in the morning, relaxing in the evenings, or entertaining friends and family year-round. The spacious backyard is a peaceful retreat with thoughtful landscaping. Eco-conscious buyers will love the solar panels, helping reduce utility costs year-round. Enjoy all the perks of community living with access to a serene pond, sparkling pool, and walking trails just steps from your door. Located just a short drive from McKinney, Frisco, and the greater North Dallas area, this home offers the perfect balance of small-town charm and big-city convenience. With easy access to major highways and nearby shopping, dining, and employment hubs, this is a perfect mix of accessibility and distance. Whether you're entertaining friends or enjoying quiet family time, this home checks every box! Schedule your showing today and fall in love with everything this Princeton gem has to offer! Agent to verify all sq ft, schools, age of home,etc
Source: NTREIS #20884120
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20884120
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 and Equal Opportunity Act.