5501 Broken Bend Dr Mckinney, TX 75072
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About this home
Outstanding Location. Top-Rated Schools. Exceptional Home. Welcome to one of Highland Homes' most sought-after floor plans, offering 2,546 square feet of thoughtfully designed living space. This spacious and inviting two-story home features 4 generously sized bedrooms and 2.5 bathrooms. The primary suite is conveniently located downstairs for privacy, while three additional bedrooms, a full bath, and a large upstairs family room provide plenty of space for family or guests. Step into a freshly updated interior, where new carpeting was installed in July 2025 and luxury vinyl plank (LVP) flooring enhances both the flex room and main living area. The heart of the home—a beautifully appointed kitchen—features a gas range, granite countertops, a stylish farm-style sink, and ample cabinetry, making it ideal for everyday living and entertaining. Comfort meets energy efficiency with radiant barrier insulation and a recently upgraded 3-zone HVAC system, ensuring year-round climate control. Outdoors, enjoy your private patio beneath the shade of a majestic oak tree—perfect for quiet mornings or evening gatherings. Nestled in the scenic and peaceful Stone Brooke Crossing community, this home has easy access to lush greenbelts and walking trails. Best of all, it’s just a short stroll to three of McKinney’s top-rated schools: Glen Oaks Elementary, Dowell Middle School, and Boyd High School. Don’t miss the opportunity to own this beautifully maintained home in a prime location with everything your family needs!
Source: NTREIS #21013170
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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.