$307,000

7202 Bryn Mawr Dr Rowlett, TX 75089

Your savings
Compared to a new mortgage.
Principal/interest
Monthly payment

Monthly savings
5-year savings
Lifetime savings

About this home

This home on Bryn Mawr is a beautifully maintained SINGLE-STORY HOME on a spacious CORNER LOT in a quiet, established neighborhood in ROWLETT, TX. This charming home offers a perfect blend of MODERN UPDATES, FUNCTIONAL DESIGN, and OUTDOOR POTENTIAL—ideal for anyone looking for comfort, style, and long-term VALUE! Step inside to an OPEN FLOOR PLAN with TALL CEILINGS and updated WIDE-PLANK LAMINATE WOOD FLOORING that adds warmth and character throughout the main living spaces. LARGE, UPDATED WINDOWS bring in tons of NATURAL LIGHT while improving ENERGY EFFICIENCY and helping to keep utility costs in check. The main living area features a COZY CORNER WOOD-BURNING FIREPLACE and flows seamlessly into the dining and kitchen areas—perfect for both entertaining and everyday living. The PRIVATE PRIMARY SUITE includes a RECENTLY REMODELED BATHROOM with a WALK-IN SHOWER, modern finishes, and a FURNITURE-STYLE VANITY—making it a relaxing retreat you’ll love coming home to. Two additional bedrooms share a full hall bath, providing plenty of room for family, guests, or a home office. Out back, the LARGE BACKYARD is a blank canvas ready for your vision—garden, play space, or outdoor entertaining area. NO HOA gives you the freedom to create the backyard of your dreams. Recent FOUNDATION WORK was professionally completed and comes with a TRANSFERABLE LIFETIME WARRANTY for peace of mind. Other valuable updates include a NEWER HVAC SYSTEM and ENERGY-EFFICIENT WINDOWS throughout. Conveniently located near LAKE RAY HUBBARD, local SHOPPING, DINING, and major commuting routes like the PRESIDENT GEORGE BUSH TURNPIKE, this MOVE-IN READY home delivers the space, comfort, and LOCATION today's buyers want. Schedule your private showing today—you won’t want to miss this one! **SPECIAL LENDER INCENTIVE - this home is eligible for 100% financing with NO Mortgage Insurance, the borrower can get up to $500 toward appraisal, and also get another $2,000 for “lender credit” towards closing costs!**

3 bedroom
2 bathroom
1,596 sqft
7,492.32 sqft
Single Family
Built in 1998
2 car garage
Air conditioning
Fireplace

Source: NTREIS #20959799

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.

View all FAQs
Last updated: Nov 04, 2025 01:06 am
Listing agent: Heather Sims
Listing provided courtesy of: Elysian Agency (214) 549-7978
Details provided by NTREIS and may not match the public record.
MLS ID: #20959799
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.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.