If You Are Looking For A Large Spacious Home, This Is It! With 3438 Square Feet Per Appraisal And Immaculately Maintained, This Home Features 5 Bedrooms, 3.5 Baths, 3 Car Garage With An Office/Study (Currently Being Used As A Bedroom), An Eat-In Kitchen, Separate Dining/Flex Room, Laundry Room, An Extended Primary Bedroom Downstairs And Natural Light That Floods The Home. Upstairs You'll Find The Game Room Overlooking The Living Room With Beautiful Juliet Balconies, 4 Bedrooms, 2 Additional Bathrooms And A Media/Flex Room. All Rooms, Except The Media/Flex Room Have Ceiling Fans, 2" Blinds And Walk-In Closets. The Kitchen Is Equipped With A Large Island, Breakfast Bar And Pantry, Stainless Steel Appliances, Double Ovens, Smooth Top Cooktop, Granite Countertops, 42" Upper Cabinets, Tumbled Stone Backsplash, Recessed Lighting And More Than Enough Storage. The Generously Sized Primary Bedroom Includes A Luxurious Bathroom With A Double Vanity, Separate Garden Tub And Shower And A Huge Walk-In Closet. If The House Isn't Big Enough, Take It Outside. With The 20x5 Front Porch Or The 18x10 Back Patio With No Evening Sun, Both With Stunning Views Makes Enjoying Texas, Family And Friends Memorable And A True Summer Delight. Additional Qualities And Upgrades Include: A Water Softener, Garage Door Openers With An Outside Keypad, Sprinkler System, Shed That Can Convey, Speak Easy Door, All Lighting Has Been Upgraded To LED Bright Daylight Bulbs, A 3 Zoned AC System, Tiled Shower Enclosures And Fully Wrapped In Gutters. Amenities Include a Pool and Playground. Fantastic Schools, Close To The Historic City Of Gruene, Creekside Shopping And Restaurants, And Easy Access To IH 35 For Travels To Austin, San Marcos and San Antonio. Be sure to View the 3D Floorplan and Virtual Walkthrough - The property is also for Lease - Please excuse the mess, tenants are packing up and they have a lot of stuff!! Property will be cleaned, paint touched up and carpets professionally cleaned prior to new occupancy. Pictures listed are from prior to tenants occupancy in November 2025. "Buyers who use the seller's preferred lender may receive a lender credit toward closing costs."
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.
