1006 Center St, San Antonio, TX 78202
4 beds · 2 baths · 1,314 sqft
Welcome to 1006 N Center St in San Antonio, TX-a truly unique property just minutes from Downtown San Antonio. This expansive double lot features two beautifully renovated homes, providing both versatility and modern luxury. The main house, encompassing 950 sq. ft., offers three bedrooms and two full bathrooms. The kitchen is a standout with its high-end custom cabinetry, quartz countertops, brushed nickel fixtures, and stainless steel appliances. The primary suite includes a luxurious bathroom, gloriously finished with floor-to-ceiling custom tile work and a frameless shower door. The 364 sq. ft. casita, which includes one bedroom and one generously sized bathroom, also features a kitchenette and an indoor utility area, making it perfect for guests or as a rental unit. Both homes are enhanced by covered front porches, ideal for enjoying summer days. Extensive upgrades include new electrical work, plumbing, foundation improvements, a mechanical gate, and significant cement work, including a double-sided extended driveway. Additional benefits of this property include no carpet throughout, no HOA fees, and a scenic view of the Tower of the Americas from the front yard. The prime location offers close proximity to major San Antonio attractions such as the Alamodome, Frost Bank Center, and the River Walk. Y'all will also have quick access to Major Highways 35,37,281, and I10. Don't miss out on this extraordinary chance to home hack! Schedule your visit today to experience all that 1006 Center St has to offer!
Source: SABOR #1807549
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1807549
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1807549
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.