15534 Fox Meadow Ln Frisco, TX 75035
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About this home
Beautifully maintained 2-story brick and stone Shaddock-built home located in highly sought-after Stonelake Estates in Frisco! This 5-bedroom, 3-bath residence offers timeless design, comfortable living spaces, and a backyard retreat perfect for entertaining. The home welcomes you with rich hardwood floors, plantation shutters throughout, and an inviting open layout. The main living area features a vaulted ceiling, custom built-ins, a cozy stone fireplace with gas logs, and large windows overlooking the sparkling pool. The kitchen is open to the living room and offers granite countertops, a breakfast bar, gas cooktop, ceramic tile flooring, walk-in pantry, and a breakfast nook with access to the backyard. A formal dining room with hardwood floors provides an elegant setting for gatherings. The primary suite is conveniently located downstairs and includes a sitting area, ceiling fan, large walk-in closet, and a spacious ensuite bath with dual vanities, soaking tub, and separate shower. Two additional bedrooms are also located on the first floor—one with its own ensuite bath and another currently used as an office with hardwood flooring and a ceiling fan. Upstairs, you’ll find two more generously sized bedrooms with walk-in closets and a shared Jack & Jill bath, along with a game room and media room, offering plenty of space for relaxation and fun. Step outside to your private backyard oasis featuring a pool and spa with water feature and stone waterfall, a pergola-covered sitting area, and low-maintenance turf landscaping surrounded by a cedar fence—perfect for entertaining or quiet evenings at home. Additional highlights include a 3-car garage, abundant storage, and a highly desirable Frisco location close to top-rated schools, parks, shopping, and dining. This elegant and versatile home combines comfort, functionality, and resort-style outdoor living—ready for its next owner to enjoy!
Source: NTREIS #21089701
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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.