1700 Trace Dr Aubrey, TX 76227
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About this home
Welcome to this beautifully maintained and spacious 2-story home offering 2,792 square feet of stylish, comfortable living. Perfectly situated on an oversized corner lot with mature landscaping and a stunning stone and brick exterior elevation, this property combines timeless charm with modern features, making it the ideal place to call home. Step inside to discover an inviting open floor plan with beautiful hardwood floors and new carpet throughout. The main level features a spacious primary suite for added privacy and convenience, as well as a versatile office or study or flex room—perfect for working from home or creating a quiet retreat. The heart of the home is the gourmet kitchen, designed to impress with Corian countertops, a full wall of rich espresso cabinets, elegant glass tile backsplash, stainless steel appliances, a gas range and microwave, pendant lighting over the breakfast bar, and a walk-in pantry. Just off the kitchen is a formal dining area that flows seamlessly into the large family room, which features a striking stone fireplace, ideal for cozy evenings. Upstairs, you’ll find a second oversized family or game room and three generously sized bedrooms, each with walk-in closets, offering plenty of space for everyone. The home offers 2.5 well-appointed bathrooms, stylish decorative light fixtures, and a separate laundry room for added convenience. Step outside to the covered patio, where you can enjoy your morning coffee or entertain guests in your beautifully landscaped yard. With mature trees, lush greenery, and plenty of space to relax or play, the outdoor area is just as inviting as the interior. This home truly has it all—space, style, and comfort—nestled in a desirable neighborhood with a welcoming feel. Don’t miss the opportunity to make this exceptional property your next home!
Source: NTREIS #21080981
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
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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.