170 Yorkshire Dr Rockwall, TX 75032
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About this home
Executive Mediterranean Estate on Nearly an Acre, with lake views! This stately home is perfect for large gatherings, entertaining, fundraising, and enjoying life. This exceptional Mediterranean-style estate offers 9925 square feet of luxury living on meticulously maintained landscaped lawn with tranquil lake views. Designed for both grand entertaining and comfortable everyday living, this custom-built home showcase rich millwork, Jerusalem tile flooring, hand-carved Austin stone in formal living and around stove. A grand foyer with a sweeping staircase sets an impressive tone upon entry. Multiple spacious living areas flow seamlessly throughout, including a main family room with a full bar, massive fireplace with stunning millwork, views of the resort-style backyard and adjacent to a separate dining area and secondary seating area. The gourmet kitchen features high-end appliances, extensive cabinetry, and a layout ideal for hosting or family gatherings. There are 2 large islands, one with bar-height seating and large breakfast area with poolside and lake views. Multiple closets and storage rooms are a convenience with many visitors. There are two dedicated offices, a magnificent theatre room, abundant built-ins, balancing luxury with everyday function. The primary suite offers a serene retreat with a spa-inspired bath, oversized custom closet, and private access to outdoor living areas, and flex room used as a gym Step outside to a multi-tiered backyard paradise featuring a sparkling pool, relaxing spa, covered patios, full bath, and multiple sitting areas overlooking the peaceful lake—perfect for entertaining or unwinding at sunset. Additional highlights include 4 spacious bedrooms, 4-car garage, doggy bath area, 2 tankless water heaters, extensive storage, refined finishes throughout. Every corner of this home reflects craftsmanship, comfort, and style, offering the ultimate Heath lifestyle in one of the area’s most sought-after communities.
Source: NTREIS #21075904
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.