Well-maintained single-story home situated on a large spacious corner lot in Redbird Ranch. A convenient built in gated side entrance that provides easy direct backyard access from the street perfect for entertaining family and friends with a food truck for parties or allowing for flexible outdoor use when customizing your own backyard oasis. The property offers an open-concept floor plan with a spacious kitchen featuring a large granite island, stainless steel appliances including refrigerator, and a beverage refrigerator. Ceiling fans are installed in all bedrooms and the main living area. Windows include partial tinting and custom wooden shutters helping to reduce direct sunlight and boost insulation. Both front and rear entry doors are equipped with storm doors. The front door entry is equipped with a Ring Doorbell camera and Ring security lights located around the home. Recent updates include a roof replaced in 2025 with a transferable 5-year labor warranty. Additional features include a well maintained water softener, in-ground sprinkler system for both front and back yard, washer and dryer, and two mounted flat-screen televisions located in the front bedrooms. The home is perfectly located at the center of all 3 neighborhood amenities with a pool, basketball court, park and playground within walking distance just 2 blocks away. A third community amenity center is currently under construction, and upon completion, is planned to include two additional pools equipped with water slides, an additional basketball court, playground and tennis court. Convenient access to H-E-B and Peter Pipers Pizza just under a 4 minute drive away as well as shopping, dining, and major roadways all within close proximity. A Santikos Movie Theatre is currently under construction behind the H-E-B. Don't miss your opportunity to make this strategically upgraded home your reality for years to come, schedule a Showing today!
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.
