Situated on a beautifully treed .45-acre lot within a gated community, this exceptional former model home blends luxury, flexibility, and everyday functionality in one of the area's most desirable locations. Designed for the way people live today, the thoughtfully refreshed 5-bedroom, 5.5 bath layout offers private en-suite accommodations for every bedroom, including a first-floor guest retreat ideal for multigenerational living, long-term guests, or added privacy. The heart of the home is an expansive open-concept living space with seamless flow from living room with a stone fireplace into the gourmet kitchen complete with granite countertops, oversized island, 6-burner gas cooktop with pot filler, double ovens, two dishwashers, walk in pantry, and generous prep and entertaining space. The main level also features a dedicated office, formal dining room, wine room, mudroom with built-in storage, spacious utility room, morning room with a second fireplace, and a luxurious primary suite overlooking mature oak trees with a spa-inspired bath, coffee bar, soaking tub, oversized walk-in shower, dual vanities, and large walk in closet. Upstairs, a dramatic spiral staircase leads to an expansive game room with wet bar and covered balcony access, media room with accent brick wall, and three oversized secondary suites each with private baths and walk in closets. Outdoor living is equally impressive with a covered patio, outdoor kitchen, spacious fenced backyard, and mature oak trees including one estimated to be over 100 years old. Plenty of room to relax, play, or plans to add a pool. Parking and storage are unmatched with a two-car attached garage, detached one-car garage, carport, and extended driveway and room to accommodate up to 12 vehicles. Additional recent improvements included a brand-new roof, fresh interior paint, remodeled primary bath, and new main-level flooring. Ideally located with convenient access to I-10, downtown Boerne, La Cantera, The Rim, and North San Antonio amenities, this rare property offers luxury living with exceptional flexibility, privacy, and entertaining potential. This property offers the potential for a VA loan assumption, subject to buyer qualification and lender approval. Schedule your tour 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.
