1200 Main St Apt 503 Unit 503 Dallas, TX 75202
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About this home
Experience the best of upscale city living in this stylish 5th-floor condominium, where modern design meets impressive Dallas skyline views. From the moment you arrive, a 24-hour concierge and security team provide comfort and peace of mind. The contemporary kitchen flows seamlessly into the spacious living area, highlighted by an oversized island perfect for casual dining or entertaining. In the living room, a sliding glass door opens to a covered balcony with views of downtown, while the primary bedroom features a window that frames the city and fills the space with soft natural light. Life here comes with an enviable list of amenities: a resort-style pool overlooking the city, spa, landscaped green spaces with outdoor grilling stations, fitness center, theater, art and craft studio, boardroom-style workspace, storage areas, community lounge, guest accommodations, laundry and package services, and secure gated parking with your assigned space included. Just outside the building, you’re steps from parks, fountains, the vibrant AT&T Discovery District, boutique shopping, dining, coffee shops, fitness studios, historic landmarks, museums, and entertainment venues. Whether you want to immerse yourself in downtown’s energy or relax in your private retreat, this home offers the perfect balance. Schedule your tour and experience Dallas living from a whole new perspective.
Source: NTREIS #21033163
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.