2220 Cross Timbers Dr Mckinney, TX 75069
Your savings
About this home
~OPEN HOUSE, Sunday, 11.2.25 2pm-4pm~ Tucked away in an inviting 1+ acre estate neighborhood, this property is a truly unique find. Majestic, mature trees provide a breathtaking, shaded canopy, with no restrictive HOA to limit your creativity. This property is more than a home; it's a sanctuary where you can create lasting memories, with enough space for a future pool or garden. Enjoy the perfect blend of peaceful, country-like living with the convenience of being just minutes away from vibrant shops, renowned restaurants, & historic charm of Downtown McKinney. Imagine a life of ease in this single-story brick home, where the thoughtful floor plan provides a comfortable, open flow for daily life. With two inviting, massive living areas, you have endless options for relaxing or entertaining guests. Mealtime is a breeze, with an island kitchen featuring beautiful granite counters, which effortlessly services both dining spaces. You can always be part of the conversation. Create lasting memories in your entertainer's dream backyard. The spacious patio is ideal for alfresco dining, with an integrated misting system that creates a cool, comfortable ambiance. An inviting she shed offers a flex use option. The 30 x 50 shop is the ultimate car lover's paradise. This isn't just a shop, it's a high-performance studio for your automotive dreams, with a professional-grade car lift. Three roll-up doors offer seamless access, while the mounted TV & projector screen transform it into a show-ready garage lounge. Shop holds an individual electric meter. This rare find is more than a property, it's a lifestyle, offering the space & freedom you've dreamed of for both family living & your ambitious ventures. Imagine peaceful weekends, star-filled nights, & the joy of raising a family in the highly sought-after Princeton ISD. A commuter's dream, minutes from major thoroughfares, connecting you to everything you need. A must see property, nothing else like it!
Source: NTREIS #21075403
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.