340 Sollock Dr Devine, TX 78016
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About this home
DISCOVER LUXURY GOLF COURSE LIVING WITH 5.25 ASSUMABLE VA LOAN! Welcome to your private resort at 340 Sollock Drive - a magnificent 2,972 square foot sanctuary positioned on an expansive double lot (0.6 acres) at the end of a peaceful cul-de-sac. This stunning 3-bedroom, 2.5-bathroom home epitomizes Texas luxury living with its seamless indoor-outdoor design, resort-caliber amenities, AND an incredible 5.25 assumable VA loan in today's high-rate environment! ARCHITECTURAL ELEGANCE MEETS MODERN COMFORT Step inside to discover soaring vaulted ceilings that create an immediate sense of grandeur in the spacious living room, anchored by a beautiful fireplace perfect for cozy evenings. The heart of the home showcases a chef's dream kitchen featuring a massive center island with breakfast bar seating, professional-grade double ovens, and an impressive walk-in pantry that ensures you'll never run out of storage. LUXURIOUS MASTER SUITE RETREAT The oversized master suite serves as your personal sanctuary, featuring elegant French doors that open directly to the spectacular backyard oasis. The spa-inspired master bathroom boasts dual vanities, a separate glass-enclosed shower, and a deep soaking tub for ultimate relaxation, complemented by an amazing walk-in closet that rivals high-end boutiques. BACKYARD PARADISE - WHERE MEMORIES ARE MADE The backyard is truly where luxury living comes alive! The stunning in-ground swimming pool serves as the centerpiece of this outdoor entertainment paradise, surrounded by a beautifully covered back porch perfect for year-round enjoyment. The showstopper outdoor kitchen is a culinary enthusiast's dream, complete with premium appliances and a convenient half bathroom - ideal for seamless entertaining without tracking through the house. PRIME LOCATION & LIFESTYLE BENEFITS Located in Devine's desirable golf course community, you'll enjoy peaceful small-town charm with convenient access to the greater San Antonio metropolitan area. The mature landscaping and thoughtful design create natural privacy and beauty throughout the expansive grounds. This military and teacher-friendly golf community offers the perfect balance of tranquil countryside living with urban amenities just a short drive away. DISTINCTIVE FEATURES THAT SET THIS HOME APART Expansive 2,972 square feet of luxury living space Rare double lot (0.6 acres) providing exceptional privacy and space 5.25 assumable VA loan - significant savings over current market rates End-of-cul-de-sac location with mature trees for natural privacy Complete outdoor entertaining setup with pool, covered areas, and outdoor kitchen Vaulted ceilings and premium finishes throughout Strategic location balancing tranquility with metropolitan accessibility Turnkey opportunity with sellers willing to negotiate furniture and select furnishings This exceptional property represents the pinnacle of Texas golf course living - where luxury amenities, thoughtful design, prime location, and incredible financing converge to create the ultimate lifestyle destination and investment opportunity. Schedule your showing today!
Source: SABOR #1910316
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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.