2804 Stonehurst Dr Grapevine, TX 76051
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About this home
Great pricing! Motivated seller! Now is the time to check out this home situated on an expansive .275 acre corner lot with beautiful landscaping and soaring trees! 4-bedroom, 3.5 bathroom home offers 3,323 square feet of functional living space, blending classic charm with modern updates. Step inside to discover a bright, open-concept layout featuring elegant formal dining and living areas. The formal living room has windows overlooking the inviting pool area and is anchored with a stately see through fireplace connected to a cozy family room offering the warmth of this feature to both rooms. The gourmet kitchen equipped with granite countertops, stainless steel appliances, a large island, and ample cabinetry—perfect for everyday living and entertaining. The master suite is a true retreat featuring its own fireplace and offering a luxurious bathroom with dual sinks, oversized jetted tub, and a spacious walk-in closet. Upstairs additional bedrooms provide comfortable accommodations for family or guests, while a spacious game room adds flexibility for a home office, media room, or play area. Outside, the pool-spa combo has water features creating a private oasis ideal for relaxing or hosting gatherings. Located within the highly rated Grapevine-Colleyville ISD and just minutes from Grapevine Lake, parks, shopping, dining, and major highways, this home offers the perfect combination of comfort, convenience, and community. This is an exceptional property!
Source: NTREIS #21081727
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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.