300 Madison St Burleson, TX 76028
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About this home
Welcome to 300 Madison St, a beautifully designed 3-bedroom, 2.5-bath home in the heart of Burleson! This stunning property features an open floor plan with a spacious living area that seamlessly flows into the kitchen and dining space—perfect for entertaining. Located on a larger corner lot with previously installed landscaping. The primary suite, located on the main floor, offers a spa-like retreat with a double vanity and a walk-in shower. Upstairs, a versatile loft area accompanies two additional bedrooms, making it an ideal space for a home office, playroom, or guest quarters. With its modern design and thoughtful layout, this home is move-in ready! Nestled in Burleson, this home offers the perfect balance of small-town charm and big-city convenience. Just minutes from top-rated schools, parks, and shopping centers like Burleson Town Center, you'll have everything you need close by. Enjoy easy access to I-35 for a quick commute to Fort Worth while still relishing the peaceful suburban lifestyle. Burleson is known for its vibrant community events, scenic walking trails, and popular local spots like Bailey Lake Park and Old Town Burleson’s charming shops and restaurants. Don't miss this opportunity to own a beautiful home in one of DFW’s most desirable and growing suburbs!
Source: NTREIS #20841651
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.