1205 Scenic Dr Southlake, TX 76092
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About this home
Experience ultimate luxury living with this private Southlake estate, ideally located in the prestigious Continental Park Estates. This extraordinary modern farmhouse redefines luxury living with a perfect balance of sophistication and comfort. From the moment you walk in, every detail speaks of thoughtful design and timeless elegance. Custom lighting, striking accent walls, floating vanities, and warm wood-beamed ceilings create a refined yet inviting atmosphere. Walls of windows, adorned with classic shutters, fill the home with natural light while framing picturesque water views. Offering 5 bedrooms, 4.5 bathrooms, and 3 elegant living areas, this home blends comfort with sophistication. The open layout is designed for both grand entertaining and everyday living, featuring two kitchens, two laundry rooms, and a show-stopping primary suite with a private office and spa-inspired ensuite retreat. For year-round enjoyment, the home boasts an indoor heated pool and spa with custom garage-style doors, opening seamlessly to the outdoors overlooking the serene waterfront. Outside, more than three-quarters of an acre has been transformed into a private sanctuary, complete with multiple lounging areas, a cozy dock, and a fully powered barn, perfect for endless possibilities. With no HOA restrictions, this exceptional estate offers rare freedom and flexibility, creating the perfect canvas for the lifestyle you’ve always envisioned.
Source: NTREIS #21067962
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
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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.