1703 Texas Ave San Antonio, TX 78201
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About this home
Charming and thoughtfully updated home in historic Woodlawn Lake! This 3-bedroom, 2-bath residence blends original character with modern upgrades across its 1,223 square feet. Step inside to find beautiful original hardwood floors and a fully renovated kitchen featuring updated cabinets, countertops, lighting, plumbing, a new gas stove (2025), and a refrigerator installed in 2023.. Primary bathroom have been remodeled with new tile, vanities, lighting, fixtures, and a new bathtub. Comfort is key with four mini-split AC/heating units, new ceiling fans, double-pane windows, and updated doors. Major system improvements include foundation leveling (2025), a new roof (2020), updated electrical, a 2017 water heater, and a 2015 privacy wood fence. The home also features a newly constructed front porch, fresh interior and exterior paint, and refreshed flooring in the kitchen and baths. Just minutes from Woodlawn Lake Park, this vibrant location offers access to trails, tennis and basketball courts, a playground, and a scenic lake with a boat ramp. Don't miss the opportunity to own a move-in-ready home in one of San Antonio's most established and walkable neighborhoods!
Source: SABOR #1912281
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FAQs
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.