1140 Preble
FHA Assumable
3.45% Rate
50 photos
Click to enlarge

1140 Preble

Castle Rock, CO 80104

3
Bedrooms
2
Bathrooms
1,926
Sq Ft

Payment Calculator

$2,966per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$30,250
$30,250$153,180
Secondary Financing8.5% Rate
$122,930
Blended rate4.53% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,633/mo
Assumable @ 3.45% + gap
$2,966/mo
$667less per month
$667
per month
$8,007
per year
$240,211
over 30 years

🏦 Loan Details

List Price
$605,000
Assumable Rate
3.45%
Remaining Balance
$452,727
Loan Type
FHA
Est. Equity Gap
$153,180
Annual Taxes
$3,191
HOA/mo
$72

About This Home

This stunning ranch-style home looks like it belongs in the pages of Magnolia Journal and shows even better than a model home! Nestled in a small, private neighborhood just minutes from I-25 and the heart of downtown Castle Rock, you'll enjoy convenient access to award-winning restaurants, boutique shopping, entertainment, and all that this vibrant community has to offer.\r \r Offering 3 bedrooms, 2 full bathrooms, and an open-concept floor plan, this home combines style, comfort, and functionality. A short flight of stairs leads to the full unfinished walk-out basement, providing endless possibilities for additional living space, a home gym, recreation room, or customized storage.\r \r From the moment you step inside, you'll appreciate the warmth and exceptional care this home has received. Thoughtfully upgraded throughout, it features durable luxury vinyl plank flooring, granite countertops, upgraded smoked-gray cabinetry, designer lighting, double vanities in both bathrooms, and a luxurious five-piece primary bath.\r \r Additional highlights include newer HVAC systems, a roof with a five-year certification, and meticulous maintenance throughout, giving buyers added peace of mind.\r \r Step outside to the private back patio and unwind while enjoying beautiful views of Castle Rock—a perfect setting for morning coffee, evening gatherings, or simply taking in the Colorado scenery. This move-in-ready home offers the perfect combination of quality, location, and lifestyle.\r \r Copy this link for a 3D virtual walk-thru: https://www.zillow.com/view-imx/8f887c30-9353-4297-8f58-7bf198e8a4fb?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$605,000
3.45% rateFHASave $1,424/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472