2001 Kerry Dr Arlington, TX 76013
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About this home
Welcome to 2001 Kerry, a beautifully updated 4-bedroom, 2-bathroom home on a spacious corner lot in Arlington, TX. This well-maintained home features an open floor plan with a huge living room, a cozy fireplace, and large dining areas—perfect for both everyday living and entertaining. Abundant natural light fills the space, highlighting the elegant wood-look tile flooring. The layout includes two bedrooms upstairs and two downstairs, offering flexibility for various living arrangements. A flex room provides additional space, ideal for a home office, playroom, or hobby area. The kitchen features granite countertops, a stylish backsplash, tall 42” cabinets, and self-closing drawers. Recent updates provide peace of mind, including a new roof (2025), water heater replaced (March 2025) wood tile flooring and carpet (2023), and an updated oven and microwave (2022). The home also boasts 12 updated windows and a new front door (2020), improving energy efficiency and curb appeal. For added comfort and efficiency, the home includes three mini-split AC-Heating units in addition to the HVAC system, which was replaced in 2022. A circular driveway provides extra parking, and in 2024, the sewer lines under the home were repaired and lined. Located within walking distance to Hill Elementary, Bailey Junior High, and Duncan Robinson Park, this home offers both convenience and a fantastic location. Move-in ready with modern updates and plenty of space—don’t miss out on this fantastic home!
Source: NTREIS #21064780
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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.
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