806 Lawndale St, Celina, TX 75009
5 beds · 4 baths · sqft
Welcome to this charming two-story home built in 2020, perfectly situated in the growing and highly sought-after city of Celina, Texas. Offering a blend of modern design and timeless comfort, this home provides an exceptional opportunity for homeowners looking to settle in one of North Texas's fastest-growing communities. The property boasts a spacious layout with ample natural light, a contemporary open-concept kitchen, and generous living areas including an office, media room and 2nd-floor game room. While the home is in excellent structural condition, it’s ready for minor cosmetic updates like new carpeting and touch-up painting—allowing you to add your personal touch and make it truly your own. Celina is brimming with new development and excitement, with stunning master-planned communities and more retail, dining, and entertainment options on the horizon. Conveniently located just 40 miles north of Downtown Dallas, Celina offers a perfect balance of suburban tranquility and urban accessibility. Both Dallas Love Field and Dallas-Fort Worth International Airport are within 45 minutes making it ideal for commuters or frequent travelers. Don’t miss the chance to own a home in this vibrant city with an incredible future ahead. Schedule your tour today and explore the possibilities this home and community have to offer!
Source: NTREIS #20800157
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20800157
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: #20800157