1015 W Woodlawn Ave, San Antonio, TX 78201
4 beds · 4 baths · 2,934 sqft
Discover this exquisite 4-bedroom, 3-full-bath Victorian masterpiece, nestled in the highly sought-after Beacon Hill neighborhood. Spanning an impressive 3,602 square feet, as measured by an architect, this three-story home offers a blend of classic charm and modern amenities. Step inside to find soaring high ceilings and remarkable architectural details that create a warm and inviting atmosphere. The spacious entryway welcomes you into multiple living areas, each adorned with decorative fireplaces that add character and elegance. The stylish kitchen is a chef's dream, featuring a large pantry for all your storage needs. On the third floor, you'll find two versatile bonus rooms, perfect for a children's play area or additional living space. Outside, the expansive yard is an entertainer's paradise, complete with a sparkling pool featuring a slide and water features, as well as an outdoor playset for endless fun. Additionally, the property includes a generous separate quarters, approximately 1,067 square feet, equipped with its own kitchen, full bath, closets, and ample storage-ideal for guests or as an in-law suite. With a durable metal roof and a charming wrap-around porch, this home is perfect for enjoying the beautiful outdoors. Located just minutes from downtown and Woodlawn Lake, this property combines convenience with tranquility. Don't miss the opportunity to make this stunning Victorian home your own!
Source: SABOR #1806565
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1806565
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 30-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: #1806565
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.