$235,000

2104 Dan Rowe St Waco, TX 76704

$1,903/mo at 6.5%
Unlock a lower rate & save over $100K.

Your savings
Compared to a new mortgage.
Principal/interest
Monthly payment

Monthly savings
5-year savings
Lifetime savings

About this home

HUD #513-235030. Searching for a property near shopping, schools and transportation in Waco? Well you've found it at 2140 Dan Rowe! Nestled in an isolated neighborhood and in a convenient location, step inside this 3 bedroom, 2 bath home with an open kitchen and living area. This home was recently remodeled and has many of the features you expect with a newer home. Entertain guests in the light and bright living room with wood burning fireplace that's open to the kitchen. Prepare dinner or a sweet treat in the kitchen with adjacent breakfast area. Relax in the primary suite with en suite bath. Host guests in the secondary bedrooms and bath. Outback you can relax on the back patio and enjoy the backyard, and there's plenty of room for vehicles and toys with a 2 car garage and an additional 2 car carport. Come and see it today! Managed by Raine & Company LLC. Available to owner occupants, non-profits, and government entities only until September 16,2025 11:59:59PM CDT.

3 bedroom
2 bathroom
1,409 sqft
8,276.4 sqft
Single Family
Built in 1984
2 car garage
Fireplace

Source: NTREIS #21091796


Loan details
Loan type
Remaining balance
Remaining term
Neighborhood


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.

View all FAQs
Last updated: Oct 21, 2025 09:45 am
Listing agent: Eric Zadnik
Listing provided courtesy of: Premier, REALTORS (254) 772-0505
Details provided by NTREIS and may not match the public record.
MLS ID: #21091796
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.