UNIQUE, ONE-OF-A-KIND OPPORTUNITY. This exceptional Guadalupe River estate offers the perfect blend of luxury living, vacation rental income, and resort-style amenities. Situated on 1.31 acres this property features a stunning main residence with 4546 square feet plus five luxury vacation rental units, making it an ideal private retreat, investment opportunity, or multigenerational compound. The main home showcases hill country craftsmanship and high-end finishes throughout, with 3 bedrooms, 3 full bathrooms, and 2 half bathrooms. The open living space features soaring 19-foot ceilings, exposed wood beams, and a dramatic double-sided floor-to-ceiling stone fireplace connecting the living room and office. Floor-to-ceiling sliding glass doors and windows throughout the back of the home capture breathtaking bluff and Guadalupe River views. The chef's kitchen is designed for entertaining with a six-burner Wolf gas range with griddle and double ovens, Thermador refrigerator/freezer, dishwasher, an oversized dramatic 10' x 6' quartzite island mined in Brazil, spacious butler's pantry, and a beautiful wet bar featuring Rainforest-pattern granite with pass through window for serving the back patio. The elegant dining room offers a dome ceiling with hand-carved, hand-painted faux brick details and expansive frameless picture windows. Additional interior highlights include a library with floating shelves and barrel ceiling, show-stopper lighting fixtures, custom built-in office cabinetry, and a beautifully detailed tunnel ceiling leading to the primary suite. The luxurious owner's suite is a private sanctuary featuring a see-through fireplace and a spa-like bathroom renovated in 2024. The primary bath includes a true wet room with dual shower heads, rain shower, soaking tub, and heated tile floors. The roomy walk in closet offers two separate sides for ample clothing and accessory storage. Upstairs you will find two more spacious bedrooms each with their own en-suite for privacy and an incredible 20x20 finished storage room with double doors that could flex into a game room, media room, gym, or even a music room. Outdoor living is unmatched with a gated infinity pool overlooking a 70-foot bluff and the Guadalupe River, a pool bath, large covered back porch with remote-controlled full-coverage sun screens, outdoor sitting area with 60" TV, and a fully equipped outdoor kitchen with gas grill and Traeger. Artificial turf, extensive landscaping, decorative lighting, and mature trees create both privacy and a resort atmosphere. The riverfront amenities are truly extraordinary, featuring a unique pebble beach entry-the only walk-in river beach access in the area-a shallow seating area at the base of the rapids, firepit gathering spaces, custom kayak and paddleboard storage, covered riverfront patio, and a concrete walking/golf cart path with custom iron safety rails connecting the property to the river. As an additional perk, all structures on this riverfront property are all outside of the floodplain. The five luxury vacation rentals offer exceptional guest accommodations and include thoughtful amenities such as flagstone patios, natural stone tables and benches, firepits, BBQ grills, overhead lighting, and landscaped gathering areas. The property also includes eight lined parking spaces plus additional parking, an automatic gate, security cameras, live river cam, fire sprinkler compliance, water softener, housekeeping/workroom with storage and laundry, and a three-car garage with workbench, storage, and a 50-amp EV charger. Every detail of this Guadalupe River retreat was designed for luxury, comfort, and unforgettable experiences all within a stone's throw to historic Gruene Hall. A rare opportunity to own a premier piece of Gruene that cannot be duplicated.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
