7165 Lazy Meadow Ln Frisco, TX 75033
Your savings
About this home
Welcome to this beautifully refreshed home in the heart of Frisco, ideally located near top-rated schools, shopping, dining, and parks. With fresh interior paint, brand new carpet throughout, and updated laminate flooring, this home is move-in ready and offers a clean, modern feel the moment you walk in. The roof, windows and HVAC have all replaced within the last three years - many with a transferable warranty. Boasting a well-designed layout, this home features 4 spacious bedrooms, 2.5 bathrooms, and generous living areas perfect for both relaxing and entertaining. The formal living and dining areas greet you upon entry, offering flexible space for gatherings or a home office setup. Just beyond, the large family room with abundant natural light opens to the eat-in kitchen, which features ample counter space and cabinetry —ideal for daily living and meal prep. Downstairs is the expansive primary suite complete with a walk-in closet and an ensuite bath featuring dual sinks, a soaking tub, and a separate shower. Upstairs, you'll find three bedrooms. The secondary bedrooms are well-sized and share a living room and full bathroom with a functional layout for easy access. Out back, enjoy a private yard with room for outdoor activities, pets, or future landscaping ideas. The attached three-car garage adds convenience, and the quiet neighborhood provides a welcoming environment with community feel. Additional features include updated lighting fixtures, ceiling fans in key rooms, and generous storage throughout. Whether you're a growing household or simply looking for a home that offers both space and style, this home delivers excellent value in one of DFW’s most desirable cities. Don't miss the opportunity to make this wonderfully updated residence your new home. Schedule your showing today and experience all that Frisco living has to offer!
Source: NTREIS #20966244
Loan details
Neighborhood
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.