502 E Collom St Decatur, TX 76234
Your savings
About this home
Charming 1945 Craftsman with Modern Updates, Detached Garage, and Garden Oasis! Step into this storybook 1945 Craftsman, where timeless character meets thoughtful modern upgrades. From the moment you arrive, you’ll be drawn to the home’s inviting curb appeal, framed by lush landscaping, colorful blooms, and a lovingly maintained exterior that radiates warmth and charm. Inside, natural light pours across original hardwood floors that flow through spacious living and dining areas—ideal for cozy evenings or lively gatherings. Vintage architectural details blend seamlessly with modern comforts, creating an atmosphere that’s both stylish and welcoming. The main level features a generous bedroom and a beautifully remodeled full bath with granite countertops and elegant finishes. Upstairs, discover your private retreat—an expansive second bedroom with gleaming hardwood floors and an ensuite bath. This versatile space offers plenty of room for a reading nook, home office, or yoga corner, making it the perfect owner’s getaway. The cheerful eat-in kitchen provides a cozy space for everyday meals and conversation, while the adjoining sitting room offers endless possibilities as a family room, study, or guest space. Step outside to your very own garden oasis. The landscaped front and side yards feature a flourishing raised garden bed already planted with cantaloupe, basil, rosemary, and colorful flowers—perfect for the gardening enthusiast. The backyard is a peaceful haven with space for entertaining, play, or quiet relaxation, complete with a designated chicken coop area for those dreaming of a sustainable lifestyle. A detached two-car garage provides ample parking and includes a workbench area ideal for projects, hobbies, or extra storage. With its perfect blend of historic charm, thoughtful updates, and serene outdoor living, this beautifully maintained Craftsman is more than a house—it’s a place to truly call home.
Source: NTREIS #20993849
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.