AMAZING HORSE FARM! Welcome to this charming 5-acre equestrian-ready, ranch-style property offering fully functional land, true horse infrastructure, and the freedom of no HOA — thoughtfully designed for everyday farm living with room to expand. The main residence and the covered pavilion both feature metal roofs replaced in 2021, providing long-term durability and peace of mind. Offered at $499,000. If you’ve been waiting for an affordable Anthony farm that actually functions, this is it. This 5-acre equestrian property is among the lowest-priced true horse farms in Marion County, offering real-world functionality — not just acreage on paper. The land is flat and fully functional, featuring established perimeter fencing, a barn with two oversized stalls, a feed room and wash rack, an RV hookup, and two separate driveways designed for everyday farm use. During the summer months, the pasture produces abundant grass suitable for equine grazing, supporting routine horse care and helping reduce supplemental feed needs. The 4-bedroom, 2-bath ranch-style home is solid, warm, and practical, and has passed a 4-point inspection. Interior features include wood flooring, solid cabinetry, no carpet, and an enclosed front porch filled with natural light — a comfortable space that feels lived-in and welcoming. Major updates include a whole-home water softener that is regularly maintained, along with well-kept systems that provide peace of mind for the next owner. While the home is currently vacant, it is move-in ready and has been consistently maintained, making it easy to show and ready for its next owner. The pool is professionally serviced every two weeks, the water softener remains on a regular maintenance schedule, and the property continues to be cared for so systems and features stay in good working order. This creates a smooth, easy transition for a buyer seeking immediate enjoyment with the opportunity for thoughtful personalization and future enhancements to reflect their own vision. Outdoor living is a true highlight, featuring a private lap-style in-ground pool and a large covered pavilion — ideal for entertaining or unwinding after a day with the horses. Recent seller updates include installation of a new pool timer (with a new cover on order) and repairs to cracking around the pool deck. The pool does require resurfacing; pricing reflects current condition and allows for customization. The acreage offers long-term flexibility and potential, including the possibility of building a larger main residence while retaining the existing home as a guest house, in-law suite, or rental (buyer to verify). This property provides a solid foundation with the opportunity to add your own style, vision, and future improvements. Located approximately 20 minutes from the World Equestrian Center, with paved road access, low taxes, and no HOA, this Anthony horse farm delivers freedom, functionality, and long-term upside in an area where fully functional acreage continues to grow more scarce. Select images have been virtually enhanced to illustrate potential cosmetic improvements. If you’re looking for real land, real function, and a property ready for your personal touch, this is a must-see Anthony horse farm.
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.
