1229 Cadogan Squire, San Antonio, TX 78260
4 beds · 3 baths · 2,585 sqft
Texas Hill Country nature meets luxury right at your doorstep with greenbelt unobstructed views! This exquisite 4-bedroom, 3-bathroom, 2,585 sq. ft. one-story home, built by the prestigious Monticello brand, offers top-of-the-line custom luxury finishes and superior craftsmanship. Step inside and be captivated by wide plank hardwood floors that flow seamlessly throughout the open-concept living space.The gourmet kitchen is a chef's dream, featuring elegant white cabinetry, a gas cooktop, high-end appliances, custom cabinetry, granite countertops, and an oversized island, perfect for entertaining. The spacious living area boasts soaring ceilings, a cozy fireplace, and expansive windows, allowing natural light to highlight the breathtaking panoramic views of protected green space. Custom window treatments enhance both natural light and privacy, while upgraded can lighting throughout the home adds warmth and ambiance. The serene primary bedroom is a true retreat, offering a spa-like en-suite bath with extended countertops, dual vanities, a soaking tub, and a walk-in shower. The bay window provides breathtaking views of the Hill Country, making it the perfect place to relax and unwind. The home also features a mudroom for extra storage and organization, along with a utility room equipped with a sink for added convenience. Step outside to the covered patio and enjoy the unmatched views of the Hill Country-perfect for relaxing or entertaining. Additionally, the property includes a well positioned slab on the side of the house with a current storage shed, offering additional storage solutions. Located in the highly sought-after Kinder Ranch community, residents enjoy access to a beautifully designed recreation center featuring a meeting room, a covered patio, and a junior Olympic-sized swimming pool. With top-rated schools, resort-style amenities, and easy access to shopping, dining, and major highways, this home is the perfect blend of luxury and tranquility. Don't miss this rare opportunity to own a Monticello masterpiece with breathtaking views! Schedule your private tour today!
Source: SABOR #1840238
Source: SABOR #1840238
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.