649 The Meadows Pkwy Desoto, TX 75115
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About this home
Buyer unable to perform. Experience the easygoing elegance of 649 The Meadows Parkway — a warm and inviting 3-bedroom, 3-bath retreat offering 2,663 sq. ft. of living space on a generous .44-acre corner lot in DeSoto. Back on the market through no fault of the seller. From the moment you arrive, the manicured lawn, towering shade trees, and timeless brick exterior set the stage for a property that blends charm, space, and comfort. Inside, natural light and thoughtful details greet you at every turn, from the leaded-glass entry to the crisp wainscoting in the foyer. Multiple living areas provide the perfect balance of connection and privacy — whether it’s gathering in the cozy family den with its white brick fireplace and skylight, or enjoying the dramatic beamed ceilings and built-ins in the second living room overlooking the lush backyard. The spacious kitchen with an adjoining wet bar flows easily into the main living zones, making entertaining effortless. All three bedrooms offer a peaceful retreat, with the primary suite featuring a roomy ensuite bath and walk-in closet. Out back, the expansive covered patio is an outdoor living room all its own — perfect for weekend brunches, summer grilling, or simply relaxing in the shade. The fully fenced backyard offers mature trees, green space, and plenty of room for pets or gardening. A two-car garage with an extended driveway adds convenience, while the established neighborhood is known for its pride of ownership and welcoming community feel. Just minutes from schools, parks, shopping, and with quick highway access, this location makes commuting into Dallas a breeze. If you’ve been searching for a move-in-ready home with character, generous space, and a fantastic offer to help you close, 649 The Meadows Parkway is ready to welcome you home.
Source: NTREIS #20983951
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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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