11535 Pelican Pass, San Antonio, TX 78221
4 beds · 3 baths · 2,696 sqft sqft
Beautiful 4-Bedroom Home with Modern Amenities and Prime Location Welcome to this stunning four-bedroom, two and a half bath home, perfectly designed for comfort and convenience. Nestled in a serene neighborhood, this property offers a wealth of features and is ideally situated near major highways, educational institutions, and recreational facilities. Key Features: Main Level Primary Suite: Enjoy the luxury of a main level primary bedroom complete with an en-suite bathroom featuring a separate garden tub and shower, providing a perfect retreat. Spacious Bedrooms: All bedrooms are carpeted for added comfort, while the main living areas boast elegant wood plank ceramic tile flooring. Open Concept Living: The open kitchen and living area is perfect for entertaining and family gatherings. The kitchen is a chef's dream with granite countertops, a gas stove with a custom vent hood, and a convenient sink on the island. A large walk-in pantry provides ample storage. Front Office: A dedicated front office space offers a quiet spot for work or study. Main Floor Laundry: Enjoy the convenience of a main floor laundry room. Upstairs Living: Three spacious bedrooms and a versatile loft upstairs provide additional living space perfect for a second family room or play area. Outdoor Living: Outdoor Patio with Pergola: The outdoor patio with a pergola is ideal for relaxing or hosting outdoor gatherings. Storage Shed: Additional storage space is provided with an on-site storage shed. Privacy Fence and Greenbelt: A privacy fence ensures a secluded backyard, which backs onto a small greenbelt for added tranquility. Community Amenities: Neighborhood Park and Swimming Pool: Take advantage of the neighborhood park and swimming pool for recreation and relaxation. Golf Course: Enjoy access to a local golf course for leisurely play or competitive rounds. Prime Location: Convenient Access: Located near Highway 410, this home offers easy access to Palo Alto College, Texas A&M, and the San Antonio Police Academy, making it perfect for students and professionals alike. This home combines modern living with the convenience of a prime location. Schedule a viewing today and experience all the exceptional features this property has to offer.
Source: SABOR #1774025
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1774025
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: #1774025
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.