VA loan
1 of 40
VA loan
$875,000 SIGNIN

Sign in to see required down payment for the 2.98% rate

100 Silver Spur, Horseshoe Bay, TX 78657

3 beds · 5 baths · 3,490 sqft

Situated on over 1/3 of an acre, this unique custom home by Steve Nash is nestled along the 3rd fairway of Slick Rock Golf Course. Designed to showcase breathtaking views of Slick Rock Creek and the fairway, this one-of-a-kind residence is a testament to intentional craftsmanship. Upon arrival, an iron and glass French door makes a striking impression, opening to a foyer adorned with a bubbling fountain. Elegantly appointed, the home features thoughtful lighting, including spotlights, pendants, and recessed fixtures, creating an inviting and warm ambiance. The spacious great room is set beneath soaring 29-foot cathedral ceilings, highlighting the natural woodwork and stonework surrounding the communal spaces. A cozy fireplace and built-in shelving create a captivating centerpiece. Encircling the living room is a sunken area with oversized windows, perfect for an intimate seating arrangement or a dedicated space for hobbies. Perfect for entertaining, an impressive bar is positioned between the living and dining spaces, equipped with a sink, ice maker, and wine fridge, while a sound system carries through all common areas. There are two dining areas: a casual breakfast nook bathed in natural light and a formal dining room spacious enough for a large dining set, ideal for hosting the holidays. The beautiful island kitchen rests at the heart, presenting abundant cabinetry, granite counters, and high-end appliances, including double built-in ovens, a 2-drawer dishwasher, and an electric cooktop built into the island. The home offers 3 ensuite bedrooms, two half baths, an expansive library with a second fireplace, a central vacuum system for effortless upkeep, and a sizable mudroom. The split floor plan ensures privacy, with primary suite and library occupying one side of the home, while the secondary bedrooms are located on the opposite side. Featuring an impressive design and captivating views, this home is sure to steal your heart from the moment you step inside.

Estimated
Seller's interest rate
2.98%
7%
Estimated
Monthly payment

$3,364
$4,707
You may also save up to $429,926 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $4,707 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
2.98%
Remaining term
26 yrs and 8 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$3,364
Principal & interest
$2,565
Mortgage insurance
-
Property taxes
$18
Home insurance
$751
HOA fees
$29
Utilities
Not included

Source: Public records

Home details
Size
3,490 sqft
Lot size
0.334 acres
Year built
1989
Type
Single Family Residence
HOA dues
$29.25

Source: ACTRIS #6193238

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: Apr 16, 2025 11:09 pm
Listing agent: Kristi Jarvis
Listing provided courtesy of: Compass RE Texas, LLC (512) 575-3644
Details provided by ACTRIS and may not match the public record.
MLS ID: #6193238
Based on information submitted to the MLS GRID as of Apr 18 2025 - 08:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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