Nestled at the end of a quiet cul-de-sac on an oversized corner lot, this beautifully maintained 4-bedroom, 3.5-bath home offers the perfect combination of space, comfort, and natural beauty. Surrounded by towering mature oak trees, the property feels like a private retreat, creating a backyard oasis rarely found in today's market. Step inside and you'll immediately appreciate the flexible floor plan designed to accommodate every stage of life. Just off the entry, a formal dining room is ready for holiday gatherings and special occasions, while the front living room provides the perfect space for a home office, library, playroom, or formal sitting area. The heart of the home is the spacious family room featuring a cozy fireplace and abundant natural light, creating the ideal place to relax and gather with friends and family. The kitchen flows seamlessly into the main living spaces, making entertaining effortless. Upstairs, you'll find generous secondary bedrooms along with two separate bonus areas. One space is ideal as a loft, game room, or study area, while the second can easily serve as a dedicated media room, home theater, fitness room, or additional living space. The oversized primary suite offers a peaceful retreat with plenty of room to unwind, while the additional bedrooms provide flexibility for family and guests. Outside, the expansive lot truly sets this home apart. The mature trees provide shade, privacy, and a park-like atmosphere, making the backyard perfect for entertaining, gardening, outdoor activities, or simply enjoying a quiet Texas evening on the patio. Located in the highly desirable Schertz area, you'll enjoy convenient access to Randolph Air Force Base, The Forum Shopping Center, IKEA, Costco, H-E-B Plus, and an abundance of dining and entertainment options. Outdoor enthusiasts will appreciate nearby Pickrell Park, Crescent Bend Nature Park, and miles of walking trails. Commuters will love the quick access to I-35, placing San Antonio, New Braunfels, and Austin within easy reach. Schertz continues to experience exciting growth with new retail, dining, and community developments enhancing an already thriving area. Offering a rare combination of flexible living space, a massive tree-filled lot, and meticulous upkeep, this home is a unique opportunity to enjoy the lifestyle so many buyers are searching for.
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.
