$479,000

3617 Water Mill Way Argyle, TX 76226

$3,443/mo at 6.5%
Unlock a lower rate & save over $100K.

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About this home

Discover your dream home in Canyon Falls, where timeless elegance & thoughtful updates meet everyday comfort in one of North Texas’s most prestigious master-planned communities. This beautifully curated Ashton Woods home, located within the acclaimed Argyle ISD, offers a seamless blend of upscale design, smart functionality, & warm, inviting spaces that elevate daily living. The stunning brick & stone exterior sets the stage for a refined interior filled with natural light & gorgeous wood floors. Designed for a lifestyle of versatility, the open-concept layout flows effortlessly from room to room, perfect for impressive entertaining with rooms flexible for multiple offices, dining or living spaces. Beautifully designed, the chef’s kitchen features an abundance of white cabinetry, walk in pantry, Whirlpool stainless appliances, quartz countertops, herringbone tile backsplash, an over-sized island with bar seating & a sun-lit breakfast room. The kitchen opens to a large, inviting main living with a gas fireplace, the centerpiece of the room, & a perfect backdrop for a cozy Sunday football or lively evening gatherings. A formal dining room with tray ceiling offers flexibility for entertaining, working from home, or creating a stylish playroom. The extended primary serene retreat has a spa-inspired bath with designer tile, soaking tub, double-sink vanity, & oversized walk-in closet. Secondary beds are generously sized with elevated finishes throughout. Enjoy peaceful evenings under the stars in your private backyard, complete with a covered patio, full sprinkler system, & a wood privacy fence, perfect for pets & play. Canyon Falls offers resort-style amenities including two pools, clubhouse, fitness center, dog park, fishing ponds & over 14 miles of trails. Enjoy community events like food truck nights, outdoor movies & seasonal markets. Minutes from I-35W, Hwy 114, DFW Airport, and top dining & retail—this home is the perfect blend of luxury, lifestyle, and location!

4 bedroom
3 bathroom
2,283 sqft
6,011.28 sqft
Single Family
Built in 2020
2 car garage
Air conditioning
Fireplace
Shared pool

Source: NTREIS #21086198


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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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Last updated: Oct 24, 2025 06:06 pm
Listing agent: Beth Gaskill
Listing provided courtesy of: Keller Williams Realty-FM (972) 874-1905
Details provided by NTREIS and may not match the public record.
MLS ID: #21086198
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.
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