1001 Alpine Trl, San Marcos, TX 78666
3 beds · 3 baths · 1,728 sqft
Welcome to your private hill country retreat, a charming 2-bedroom, 2-bathroom home nestled on 7.66 picturesque acres. This peaceful property offers endless possibilities with a separate 1-bedroom, 1-bathroom accessory dwelling unit (ADU) and a spacious workshop, making it ideal for multigenerational living, rental income, or creative pursuits. Plus, take advantage of an assumable VA loan with an incredibly low 2.25% interest rate, offering significant savings for qualified buyers. Step inside the main house and be greeted by the warmth of rustic elegance. The living room boasts a soaring wood-clad ceiling and a cozy wood-burning fireplace, creating a welcoming ambiance perfect for gatherings or quiet evenings by the fire. The open-concept kitchen is a chef's delight, featuring a butcher block island, granite countertops, quality appliances, and ample storage for all your culinary needs. The main-floor primary suite is a serene retreat with a walk-in closet and a private en-suite bathroom, offering comfort and convenience. Upstairs, you’ll find a charming guest bedroom and a well-appointed guest bathroom, providing space and privacy for family or visitors. A large laundry room on the main floor adds practicality to everyday living. The home is thoughtfully designed with energy efficiency in mind, featuring a durable metal roof for added peace of mind. Enjoy outdoor living at its finest with a covered front porch and patio, perfect for savoring your morning coffee or watching the sunset over the rolling landscape. The separate ADU provides flexibility for guests, a home office, or rental opportunities, while the workshop offers ample space for hobbies, storage, or business ventures. The property also includes a well house, adding to its self-sufficiency and rural charm. Schedule a showing today!
Source: ACTRIS #1844791
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: ACTRIS #1844791
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.