802 Sherry Ln S # S Unit S Krugerville, TX 76227
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About this home
Welcome to this beautifully updated home nestled on a huge 1.27-acre lot adorned with beautiful oak trees in the sought-after Fairview Farms community! Enjoy refreshed landscaping and brand-new flooring, along with fresh paint throughout. The expansive backyard is perfect for entertaining, featuring a custom covered patio with a cozy fireplace—ideal for summer nights or cool evenings. Inside, you’ll find an open-concept floor plan with the primary bedroom and ensuite bath on the main level. The living room, complete with a fireplace, flows seamlessly into the kitchen, which boasts granite countertops and ample space for gatherings. Additional features include a dedicated office, formal dining room, and a spacious upstairs media game room—perfect for relaxing or hosting guests. The private primary suite offers his-and-her vanities, a large walk-in closet, and a luxurious jetted tub for ultimate relaxation. The oversized lot provides plenty of driveway space and a sense of privacy, all in an established neighborhood with NO HOA. Residents also enjoy access to a nearby park with a playground and jogging trails. Experience the tranquility of country living while being just minutes from city conveniences. Only 45 minutes to anywhere in DFW and close to state parks and summer activities. Don’t miss the chance to own this incredible home—schedule your showing today!
Source: NTREIS #20871160
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.