2734 Sparks Dr Frisco, TX 75036
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About this home
This house comes with a REDUCED RATE as low as 4.75 (APR 5.374) as of 10.28.2025 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information.Seller to offer additional buyer concessions to assist with interest rate buydown. Beautifully appointed one-story home nestled in the heart of Frisco and zoned to top-rated Frisco ISD. Upon entry, you're welcomed by elegant formal living and dining spaces featuring rich hardwood flooring and crown molding details. The formal living area offers versatility as a stylish home office with large picture windows that fill the space with natural light. The open-concept floor plan flows seamlessly into a spacious family room anchored by a cozy corner fireplace, perfect for relaxing or entertaining. Overlooking the living area, the bright and airy kitchen boasts white cabinetry, pendant lighting, a deep stainless steel sink, and an electric cooktop. The adjacent breakfast area opens to the backyard via a sliding glass door, bringing in ample sunlight and providing easy access to the serene outdoor space. The private patio includes added wood accents, while mature trees along the back fence create a peaceful retreat. The generously sized primary suite offers hardwood floors, a garden tub, separate shower, dual vanities with updated mirrors, and a walk-in closet. Two secondary bedrooms are thoughtfully separated by a spacious flex room, ideal as a game room, media room, or second office, also featuring hardwood floors. This well-maintained home is the perfect blend of comfort, functionality, and location.
Source: NTREIS #21029639
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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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